Andrew was one of the first, if not the first, to understand that “restructuring” did not mean “how can I get landlords to reduce rent?”. He knows that for a retailer to be successful in the long term, they need to realize rent is not the only expense and that they need approach any problems with more than a view of the next six months. He appreciates the integrity of any contract and always seems to find ways to help both tenant and landlord to find ways out of difficult situations with a view towards the long term success of his client (and, as a consequence, the landlord). I wish more would take this approach to our business.
I have had the pleasure of working with Andrew in various organizations spanning the last 5 years and have observed Andrew’s impressive recipe for success blending creative solutions, savvy negotiations and an outstanding reputation to align the corporate real estate strategy with the business needs. Put simply, Andrew gets results.
I engaged Andrew to help secure real estate in several different markets for a new concept we were testing. His relationships with the brokers in these markets and his ability to be a single point of contact, made it much more efficient for me to manage. I wouldn’t hesitate to use Andrew and his company again in the future.
I have worked with Andrew on both “restructuring” as well as new site selection and leasing. When working on restructuring he has a thorough understanding of what is needed by the retailer to ensure the most success with the many landlords that we all deal with. His understanding of the process and strong contacts makes a difficult time for any organization as smooth and timely as possible. On the leasing side we have worked together on launching sites for our group. Andrew helped us complete a group of stores which we were leasing and opening with a very narrow time frame. He helped us deliver this project on time, within our budget constraints and was a very helpful partner in the task. Andrew has been a very good supporter of our business needs.
Andrew’s contacts, ability to understand portfolios and most importantly, ability to deliver results allowed us not only to emerge from bankruptcy but to thrive on a go forward basis.
Andrew’s high level relationships with the landlords and ability to negotiate leases allowed us to get not only fair deals but to do so in a timely and efficient manner.
Andrew is one of my “go to” resources for outsource work around Real Estate/Leasing/Asset Management. Specifically, Andrew’s relationships into the decision making level at several of the large Real Estate Developers has proven quite beneficial to me.
Andrew was responsible for leases of a retail client in bankruptcy for which I was Financial Advisor. Not only did he arrange cost effective exit from rejected leases, he successfully renegotiated dramatic cost reductions of many of the surviving stores. His work was impressive. These new leases got a higher sale price for the company and effectively allowed the company to emerge from bankruptcy and return to profitability.
Andrew Margolick and ARM Consulting has exceeded all of our needs and expectations as our real estate consultant. I have worked with Andrew for over eight years as VP of Global Real Estate at Oakley. Andrew’s diverse real estate experience has proven
invaluable as I have worked with him on complex to basic lease workouts and negotiations. Andrews extensive network of key executives has allowed for deals to get done in an expedient and efficient manner while preserving relationships in many difficult scenarios.
I consider Andrew as one of those rare commodities that can produce results in an ever changing and complex real estate environment.
Andrew exemplifies professionalism and integrity. Unlike others that are representing tenants in a workout situation, when Andrew calls I know it is legitimate.He is a disciplined negotiator and always puts his clients first.