ABOUT US

Urban Retail Properties, LLC, headquartered in Chicago, Illinois, is a wholly-owned subsidiary of RAIT Financial Trust. Formed over 40 years ago, Urban Retail is a national leader in the third party management of retail properties, including regional malls, power centers, community centers and big box portfolios. Managing both performing and distressed properties for owners requires a company who brings dedication, experience, and relationships to the table. Urban understands the sensitivities, problems and concerns of owners because we are owners. With our in-depth experience across all market sizes, Urban knows how to increase the value of the properties we manage for our clients.
 
Urban has developed a multitude of world-class shopping centers ranging from Water Tower Place, 900 North Michigan Shops in Chicago, Copley Place in Boston, to the redevelopment of the Houston Galleria and Old Orchard Center in Skokie, IL. 
 
With seven regional offices throughout the United States, Urban has worked closely with more than 75 clients over the years, including pension funds, individual owners, insurance companies, special servicers, and institutional owners of mixed-use, retail and office asset classes. Urban currently manages over 60 retail properties in 26 states, comprising of nearly 20 million square feet. This includes six Urban-owned assets of approximately 1.85 million square feet.
 
Urban’s approach to business is both entrepreneurial and pragmatic.  This full service organization provides expertise in 11 different specialized departments which work together on each managed property.  These services can be tailored individually or strategically combined to meet the specific needs as required by the client.

Services Provided:

  • Management
  • Leasing
  • Development
  • Marketing
  • Market Research
  • Specialty Leasing
  • Tenant Coordination
  • Enviromental & Technical Services
  • Accounting
  • Computer Services and Technical Support
  • Due Diligence Services
Corporate Overview

Corporate Fact Sheet