March 25, 2020
Painted Tree Marketplace Selects Ackerman Retail as Exclusive Representative for Nationwide Store Expansion
Ackerman Retail will serve as Master Broker for Painted Tree; Executive Vice President Brian Lefkoff will lead site selection and tenant representation services for retailer’s national store rollout.
ATLANTA, March 25, 2020 – Painted Tree Marketplace, a creative community of shops under one roof, has chosen Ackerman Retail, a division of Ackerman & Co., as its Master Broker for its nationwide store expansion. Painted Tree Marketplace currently operates seven locations across Arkansas, Georgia, Tennessee and Texas.
Currently acting as the exclusive tenant representative in the Southeast for Painted Tree Marketplace, Ackerman Retail will broaden its services to help the retailer select new store locations across the U.S. Executive Vice President Brian Lefkoff is spearheading site selection and tenant representation services for the store rollout on behalf of the retailer.
“Painted Tree Marketplace has one of the freshest concepts in big-box retail, and it’s already proving to be highly successful in key markets across the Southeast,” said Brian Lefkoff. “We look forward to helping Painted Tree Marketplace open new stores in other regions across the U.S.”
Painted Tree Marketplace is seeking locations in major suburban trade areas offering highly visible, free-standing options and anchor positions in power centers. Store footprints will range in size from 35,000 to 50,000 square feet.
“As the leader of our Tenant Representation Group, Brian has done an outstanding job strengthening our services platform,” said Leo Wiener, President of Ackerman Retail. “Brian and the Tenant Representation team are excited to work with Painted Tree Marketplace in this expanded role.”
Bringing together a creative community of hundreds of shops, Painted Tree Marketplace sells everything from home decor items, jewelry, vintage finds and apparel to bath and body products, furnishings, arts and crafts, and baby gifts. The store’s experiential programs include a variety of workshops and demonstrations for the “DIY” home renovator.
Launched in 2015, Little Rock, Ark.-based Painted Tree Marketplace brings together a wide mix of small, locally owned shops which custom-design their booths and provide the stock of inventory, while Painted Tree’s staff handle all customer service at the stores.
About Ackerman & Co.
Headquartered in Atlanta, Ackerman & Co. is a privately held, full-service commercial real estate firm focused on providing quality investment, brokerage, management and development services in the Southeast. The company, founded in 1967, retains an expert team of more than 100 real estate professionals. To date, Ackerman & Co. has developed and acquired 37 million square feet of office, medical, industrial, retail and mixed-use space, has more than 4 million square feet under management, and maintains an investment portfolio valued at $1 billion.
Ackerman Retail, a division of Ackerman & Co., offers a best-in-class services platform, delivering solid results for local and multi-market clients across the Southeast. To date, Ackerman Retail has completed more than 10 million square feet of transactions valued at $1.7 billion.
For more information, visit www.ackermanco.com
About Painted Tree Marketplace
Founded in 2015, Painted Tree Marketplace is a creative community of shops, with hundreds of local vendors under one roof. Painted Tree Marketplace offers an unbelievable selection of home decor, fashion, soaps, candles and more. The retailer also hosts fun workshops and events throughout the year. Painted Tree Marketplace currently operates stores in Little Rock, AR; Highland Village, TX; North Richland Hills, TX; Memphis, TN; Franklin, TN; Mansfield, TX; and Buford, GA, with stores coming soon to Frisco, TX and San Antonio, TX.
For more information, visit www.paintedtreemarketplace.com