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Unlocking Outparcel Value

What is an outparcel? An outparcel refers to a smaller asset that is carved out from a larger asset. Frequently property owners do not realize the value they can unlock by marketing and selling these types of assets.

By Jonathan Hipp | Updated on November 12, 2014

What is an outparcel? An outparcel refers to a smaller asset that is carved out from a larger asset. In commercial real estate, the most common asset types benefited by carve-outs are ground leased & net leased outparcels of larger developments and retail condos within mixed-use developments. Frequently property owners do not realize the value they can unlock by marketing and selling these types of assets. There are several circumstances where the sale of outparcels make sense:

1) The outparcel property is not core to the owner’s overall strategy.

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