Case Study
ENGINEERING + ENVIRONMENTAL STUDIES

Barclays Finances Large Shopping Mall Portfolio

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Engagement

EMG was engaged by Barclays Capital Real Estate to analyze risk and support the financing of a portfolio of large shopping malls by providing Property Condition Assessments, Phase I Environmental Site Assessments, and Seismic Risk Assessments. The turnaround time of 3 weeks was met despite the size and geographic dispersion of the properties.

Result

Our integrated and scalable operational processes and technologies, as well as our national team of subject matter experts and project managers, made EMG uniquely qualified to complete the engagement with a high degree of accuracy. The reports, which were given to the client within 13 business days of signing the contract, provided the information and insight necessary for our client to make informed decisions regarding the underwriting and financing of these assets.

EMG Client

Barclays Capital Real Estate, Inc. (Primary), Westfield, LLC (Related Party)

Asset Type

Regional Mall / Retail

Services Provided

  • Property Condition Assessments
  • Phase I Environmental Site Assessments
  • Seismic Risk Analyses

Size & Location

10 sites in 6 states 10,287,000 sf

Timing

3 weeks