Case Studies 

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Aladdins.pngAladdin’s Eatery

 

Sutton Square
6325 Fall of Neuse Road
Raleigh, N.C.

 

PROJECT OUTLINE        

Sutton Square is located on the corner of Falls of Neuse Road and Spring Forest Road.  The 104,000 SF shopping center is anchored by The Fresh Market and Rite Aide Pharmacy.

Richards Commercial Properties was contacted by the Director of Restaurant Development for Aladdin’s Eatery in Spring 2008 to research locations for the company’s second franchise location in North Carolina and their first in the Triangle. 

SERVICES PROVIDED

Shane Bull and the Richards Commercial Properties team performed a thorough Market Segmentation to plan for Aladdin’s first and future restaurant locations in the Triangle.  This prevents store overlap of customer trade areas and is a strategy for multiple location expansion and is a targeted approach to real estate.  When the franchisor and franchisee visited the market from Cleveland, Ohio, Shane compiled a resource binder compiled of potential spaces throughout the Triangle.  Through in-depth communication and client education on the retail trade areas, Shane and Richards Commercial had a clear understanding of their client’s needs and were able to target their space.

VALUE ADDED BY SHANE BULL

  • Conducted extensive property research and location analysis based on client need.
  • Provided thorough demographic reports analyzing customer reach and target audience base.
  • Assisted in Letter of Intent (LOI) negotiations and provided additional financial and insurance resources.
  • Provided after-sale services including customer referrals, company contacts, local and national publicity, and promotional distribution.

 

quotes.png I’ve been with real estate brokers all over the country, and it’s rare to find someone who actually listens to what the customer wants. Shane was attentive, courteous, and dedicated and provided us with a first-class experience. He sat down and heard what we needed and treated us fairly and honestly throughout the entire process. Being a broker is listening and knowing what you want.  Shane is that kind of broker.

-- Toufic (Tom) Chebib
Aladdin’s Eatery

quotes.png We were pretty new to the Raleigh area, so I appreciated that Shane always provided me with more market information than I requested.  Also, retailers sometimes need information deciphered a little differently.  Shane understood that need and accommodated all of our requests.  He also worked very well with our store operator, which is always a plus!

-- Teri Herrmann-Corletzi, Director of Restaurant Development
Aladdin’s Eatery

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919.274.2855
Shane@shanebull.com

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