Tiffany Plaza Comm. Property aims to aid businesses relocating after COVID-19.
May 19, 2020
MFLP Properties has made public facts about their Covid-19 aid and relocation facts for its Tiffany Plaza properties for lease. Find more info at http://www.mflpproperties.com.
McAllen, United States - May 19, 2020 /PressCable/ —
MFLP Properties has today made public their Covid-19 business aid and relocation facts about its Commercial Realestate Rental, Tiffany Plaza located in McAllen, Texas. Tiffany Plaza is owned and operated by MFLP Properties – a family owned business that is an owner-operator in commercial property management in Texas (McAllen, Brownsville, Mission, Harlingen, and the Rio Grande Valley, RGV). Fans and businesses should find Tiffany Plaza’s atmosphere and offerings very interesting.
MFLP Properties’ COVID-19 business aid and relocation package is an idea that came to Mark, the owner, who has a vision, passion, and love for working with small businesses, to allow any business needing to relocate the opportunity to save money with lower rental lease and their first two months free. Mark, who has spent over two decades launching, acquiring, operating and selling several successful family-owned businesses, knows first-hand the struggles these businesses face in reopening because several years ago his family’s business was almost shut down because their property taxes tripled in one year. So, MFLP Properties’ aim in these trying times is to encourage businesses, look for ways to give back to their communities, and provide excellent service to their tenants.
While, many Malls and Commercial Realestate Rental properties are suffering during this pandemic there might be a light at the end of the tunnel for some commercial real estate properties. According to CrowdStreet, a real estate crowdfunding platform and a FS affiliate partner, the retail sector, the nation’s largest private sector employer which contributes $2.6 trillion (25%) to the US GDP, is seeing small and large retail tenants including Burlington, Petco, Victoria’s Secret, and Staples struggling to pay rent. While this is happening, the good news is that CrowdStreet sees a growing demand for office commercial real estate due to the desire for more personal space and social distancing requirements. Overall the Retail Property market will see the unprecedented highest vacancy rates in twenty years and lower rents.
MFLP Properties is taking a proactive approach with its Tiffany Plaza, an upscale shopping and service center in a high traffic area located off Expressway 83 on McAllen’s main retail corridor. Tiffany Plaza is a showcase to MFLP Properties’ philosophy as a landlord which is that the market owes them nothing and that only their ability to satisfy tenants and owners while continuously improving their offerings, execution, and value will keep them viable and healthy. For that reason they are willing to partner with new and existing businesses looking to relocate by offering them the first two months free and a lower rental rate of $12 per square foot. MFLP Properties and Tiffany Plaza, which is easily and quickly accessible from most areas of McAllen, Mission, Pharr and Edinburg, are forging ahead and hope others will follow suite to help businesses as the Texas re-opening occurs.
MFLP Properties is guided by it’s Founder Mark Masso who first noticed a growing need for prime retail locations in high traffic areas for national, regional and local small businesses to operate in. They are a family-owned business with over 15 years of experience in business and commercial property management in Texas (McAllen, Brownsville, Mission, Harlingen, and the Rio Grande Valley, RGV).
For more facts and further information about MFLP Properties, this can be discovered at http://www.mflpproperties.com
Contact Info:
Name: Mark Masso
Email: Send Email
Organization: MFLP Properties
Address: 1001 South 10th Street, McAllen, Texas 78504, United States
Phone: +1-956-682-6734
Website: http://www.mflpproperties.com
Source: PressCable
Release ID: 88958041
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