Andrew Tavakoli

New technology company RetailTenant is helping to cure retail today's biggest dilemma: tenant mix. The an online platform that enables retail landlords and their brokers to find the perfect tenants. Andrew Tavakoli launched the company, leveraging his 30 years of retail experience to curate a successful tenant mix for owners.

"We started the process of putting the company together in 2015," Tavakoli, RetailTenant CEO and founder, tells GlobeSt.com. "This was largely due to the fact that we own a lot of shopping centers throughout the sunbelt and have a lot of experience in the field. Unfortunately, even though we hire the best regional leasing agents, we have encountered setbacks quite a few times when we found out that the leasing agents are unaware of a lot of prospective businesses that are expanding. There are many prospective businesses expanding locally and nationally. Some are moving to a city, from either the region where they have a few locations, or they are expanding a number of locations from one state to another state."

Most new tenant-focused technologies have focused on the apartment market, but RetailTenant aims to create a user friendly platform for commercial owners. "It's incredibly simple to use—landlords and reps simply enter the size and location of their property, and immediately receive a list of retailers and restaurants expanding with those criteria, including direct contacts," says Tavakoli. "Because of the seven-day free trial, and even a completely-free tier of membership, there's no commitment to see the results. We're continuing to add new retailers, and update older ones, every day, and will continue to build out new ways to engage with the tenants and their reps."