CORRECTING and REPLACING Hightower Announces Brand-New Suite of Retail Features

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NEW YORK–(BUSINESS WIRE)–#CRE–The original third paragraph has been removed from the release.


The corrected release reads:

HIGHTOWER ANNOUNCES BRAND-NEW SUITE OF RETAIL FEATURES

Hightower,
the leading leasing management platform for the commercial real estate
industry, today announced a brand new suite of tools dedicated to retail
owners.

Hightower customers can now store retail-specific data — including
retail space type, retail categories, percentage rents, projected annual
sales, monthly sales receipts — and see their data in the first-ever
dynamic site plan.

Here’s what you should know about the new product:

  • Your data always in sync, always correct.
    Say goodbye to
    out of date site plans that live in excel and pdf. The new Hightower
    site plan saves you time and ensures better data quality by
    automatically updating with the most recent information.
  • Multiple lenses to understand your business.
    Use different
    lenses to answer strategic questions about your business. Filter by
    expiration date, mark-to-market, or rental rate to find the
    information you need to stay proactive about your asset health.
  • Retailers are different. We capture the data that matters.
    Hightower
    surfaces the important information about your retail tenants,
    including retail space type, retail categories, percentage rents,
    projected annual sales, monthly sales receipts. All stored in
    Hightower and at your fingertips.

“The new retail functionality allows us to best serve the huge group of
retail real estate owners,” said Brandon Weber, CEO of Hightower. “We
worked with many of our existing customers and prospects to build the
best products that matches the workflows and processes of today’s retail
owner and they can now fully leverage leasing management.”

About Hightower

Hightower is the leading end-to-end leasing management platform for the
commercial real estate industry that helps brokers and owners save time,
improve visibility, and reduce risk in their portfolio. Founded in 2013,
Hightower has thousands of customers from around the world using its
platform, including Vornado, CBRE, NGKF, Beacon Capital, JLL,
Shorenstein and more.

Contacts

For Hightower
Katie Paxton, 914-266-0860
katie@gethightower.com