Savills and SRS Real Estate Partners form strategic alliance
Savills has formed a strategic alliance with SRS Real Estate Partners (SRS), supplementing its existing North American retail capabilities and enhancing its ability to provide advisory services to retail occupiers, investors and owners worldwide.
“The United States is one of the biggest retail markets globally, with estimated retail sales expected to total nearly $4.5 trillion in 2021, making the United States a key target for expanding international brands,” said Mitchell E. Rudin, Savills North America chairman and CEO.
In the last 12 months, SRS has represented over 1,100 clients and completed more than $4.5 billion in transactions while representing more than 1,700 property listings. The firm's U.S. client experience includes representing 83 of the top 100 restaurant chains, 74 of the top 100 retailers, and 49 of the top 100 retail owners.