Fortis Retail is the multi-tenant retail practice of Fortis Capital Solutions — led by Richard Choi and Andre Jabro. We specialize in the sale of strip centers, neighborhood and community shopping centers, and power centers nationwide. Institutional reach. Boutique execution. Deep retail expertise.
Multi-tenant shopping centers combine the stability of necessity-based retail with the upside of active management. Here's why investors continue to favor them.
A single center can house grocery anchors, national credit tenants, quick-service restaurants, and local service providers. That diversity spreads risk across multiple income streams — no single vacancy defines the asset's performance.
Grocery, pharmacy, medical, fitness, and everyday-service tenants draw consistent foot traffic in any economy. Well-located neighborhood and community centers anchored by daily-needs retail have proven remarkably resilient through cycles.
Most shopping center leases pass taxes, insurance, and common-area maintenance through to tenants, protecting net income — while below-market rents, percentage rent, and lease-up create genuine value-add potential.
Centers occupy high-traffic, signalized intersections with strong visibility and dense trade areas. The underlying land holds durable value and redevelopment optionality independent of any single lease.
Staggered lease rollover lets owners mark rents to market over time, while contractual escalations and expense recoveries drive rising net operating income and long-term appreciation.
Private investors, 1031 exchange buyers, syndicators, and institutions all compete for quality centers. Through the Fortis platform, your asset reaches a national audience of qualified, capitalized buyers.
Two dedicated retail investment sales professionals, backed by the full Fortis Capital Solutions platform. Together, Richard and Andre lead every engagement from underwriting to close.
Principal — Retail Investment Sales
A corporate and real estate attorney turned investment advisor, Richard brings analytical depth and executional precision to shopping center acquisitions, dispositions, and sale-leasebacks. He advises private and institutional investors across single- and multi-tenant NNN retail, pairing rigorous underwriting with real-time market intelligence.
Principal — Retail Investment Sales
Andre focuses on multi-tenant retail investment sales, guiding owners and buyers through valuation, marketing, and negotiation with energy and precision. He combines hands-on deal execution with a relationship-first approach, delivering responsive service and disciplined process on every shopping center assignment.
We focus on multi-tenant retail across the format spectrum — where diversified income, active management, and hard-corner real estate create lasting value.
The Fortis platform consistently delivers results that exceed expectations for retail owners nationwide.
Within days of signing the listing, Fortis was able to procure several offers due to the strength of their national marketing platform. Ultimately, they procured 12 offers in the first 14 days of marketing.
They not only gave important insight and market color, but outperformed their peers in all facets of the process including LOI generation, contracts signed, and ultimately closing sales at prices closer to ask than the competition.
Fortis produced multiple offers in a rapidly changing market. The total properties sold numbered 12 at an average cap rate of 7.1%. Their network delivered buyers from California, Oregon, Illinois and other markets.
We have worked with Fortis for many years and highly recommend their advisory services to any company seeking investment sales representation. You can trust them to deliver the highest quality service and most qualified buyers in the nation.
Richard & Andre have the answers.