Manhattan
Retail Real Estate Lifecycle
Management
Transforming the way the world works
The Manhattan Retail Real Estate Lifecycle Solution from Trimble increases the performance
of property assets while decreasing the costs and time it takes to plan, design/acquire,
• Site Selection and Deal Management
construct, manage and optimize the portfolio of consumer oriented facilities. Manhattan
• Capital Program Planning
enables retailers, shopping center managers and investors to receive these benefits over
• Project Management
the entire real estate lifecycle by being able to utilize one centralized system while
• Design Development
• Construction Management
standardizing processes with a web-based interface for increased financial results while
reducing risk and increasing the ability to respond to unknown circumstances.
• Lease Accounting and Administration
This holistic solution allows retail real estate decision makers to rigorously examine their
• Full Turnover Rent Management
resource allocation and determine the right mix of “clicks and bricks” to be competitive in
• Forecasting and Modelling
today’s multi-channel shopping environment. From making the right choice of a location
• Performance Analytics
• Facilities and Space Management
for a new store to managing each property through its lifecycle, Manhattan determines the
right information to support the retail competitive strategy with operational effectiveness.
• Service Requests and Maintenance
Trimble / Real Estate & Workplace Solutions
Blurring the boundaries
in the new era of digital
retail business
In the past, retail real estate groups have relied on disparate
point solutions for their work in each stage of the real estate
lifecycle. We often find spreadsheets used to manage leases,
Manhattan ranked a “leader” by Gartner,
Inc., in their latest Magic Quadrant for
Integrated Workplace Management
Systems
project management software and home grown databases lined
to corporate databases. However with the changing dynamics
and economics of today’s retail portfolios, careful planning
and technology tools are required to provide the right level of
analysis and risk assessment. The Manhattan Solution allows
the real estate organization to be both transparent and resilient
to be able to adjust the built environment quickly to whatever
There is probably no other industry that is undergoing more of a
new business conditions dictate.
disruptive revolution in their business model than retail. As on-line
The Manhattan Retail Real Estate Portfolio tool provides a
sales continue their steady growth, they are actually breathing new
modular and configurable application that supports the entire
life into many physical stores…making retail an environment of bricks
retail real estate lifecycle. As a modular system, Manhattan
AND clicks. It is becoming increasingly harder to distinguish an online
allows users to pick and choose the right applications for their
sale from an offline one as consumers move seamlessly between
organization’s exact requirements - from full global solutions
channels as they create their own paths for buying products. And
with multiple modules and hundreds of users, down to a
while the physical store is now just one part of the entire channel
complete working system using a single module.
experience, it is a critical one that requires the right location choice
as well as effective and efficient management of that store or retail
complex.
With Manhattan, you can start with the modules you need today
and add to your solution as your business requirements evolve.
Manhattan benefits
• Unique Financial Management module which provides
a real estate-specific sub-ledger and other financial and
accounting tools that allow organizations to evaluate
their real estate spend while practicing sound
accounting principles
• Preparedness for the anticipated FASB/IASB regulatory
accounting changes and GAAP compliance
• Configure NOT Customize. A configurable application
with flexibility, workflows and configuration capabilities
to be adapted to meet specific business requirements
• Fully integrated, centralized system to address the full
lifecycle needs of any leased, owned or managed retail
portfolio
• Secure, web based application offered as a true SaaS or
on-premise application
Tailored to your detailed needs
Retail Occupiers
The Manhattan Retail Real Estate Management Solution has been
predesigned as an asset lifecycle system to increase organizational
effectiveness as well as providing operational efficiencies by
supporting all the stakeholders in the planning and management
processes. Collaboration amongst these myriad of players has never
been more critical who include planner, financial analysts, architects,
engineers, facility managers, contractors, real estate staff and
executives to name only a few.
Manhattan is a solution that combines the best attributes of “off
the shelf” solutions which save time and money by utilizng
predefined fields and processes, it also is flexible enough to allow
configuration to take into account unique aspects of each retailers’
real estate requirements. And due to its multi-currency and multilanguage capability, can handle these requirements no matter
where they are located around the globe.
The retail lifecycle begins with capital program planning and
optimization analytics to market planning and site selection, followed
by deal management, lease accounting and administration, design
and build/renovate to facilities space management and operation and
maintenance to detailed sales analysis and finally, through
disposition. The Manhattan suite of tools can be utilized throughout
each phase to drive increased performance, improve decision making,
reduction of costs and increased revenue. In fact, simply centralizing
and accurately monitoring your rights, commitments and
responsibilities can save millions in penalties, fees and missed lease
breaks.
• Identify and visualize potential sites based on specific criteria
(demographics, customer shopping characteristics, location,
competition, etc…)
• Analyze financial returns of potential sites (discounted cash
flows, NPV analysis, capacity planning…)
• Plan for capital investments for the future including new stores
or renovations based on location decisions or condition of the
assets
• Track lease options and expirations, monitor key dates,
automate payments/billings and identify underperforming sites
• Manage the tenant improvement process from design through
construction
• Track and manage store modifications, new builds or extensive
re-designs/renovations from inception to successful completion
in a controlled setting that provides complete visibility into all
levels of decisions and activities
• Manage service requests, work order processing and
preventive/predictive maintenance
• Understand the cost, amount, quality and utilisation of all
retail/HQ space and assets
Retail Investors & Center Managers
Retail real estate intelligence
Manhattan has created a variety of business intelligence applications
for data access, reporting, forecasting and analytics that enable
retail real estate occupiers, managers and investors to effectively
measure, manage and optimize their data to achieve the greatest
efficiencies and financial benefit. They include both alphanumeric
and visual reporting tools designed for executive presentations, daily
performance monitoring and critical decision making.
Executive dashboards provide visibility into key information...
• Manage the design and construction process for new buildings
or renovations to bring projects in on time and within budget
• Manage the full turnover rent process (forecasting, estimating,
calculations, recoveries, etc…)
• Perform detailed sales analysis by product category, retail zone,
floor, unit, brand, etc...; as well as comparative sales figures
and sales trends
• Compare sales against footfall, weather conditions, marketing
campaigns, etc…
• Perform rent and service charge accounting, accounts payable
and receivable
• Forecast revenue, expenses and cash flow
• Benchmark performance against industry statistics
Positioning, Productivity and Innovation
About Trimble
Positioning-centric information is changing the way people, businesses and governments
work throughout the world. By applying Trimble’s advanced positioning solutions,
productivity increases and safety improvements are realized.
Though best known for GPS technology, Trimble integrates a wide range of positioning
technologies including GPS, laser, optical and inertial technologies with application
software, wireless communications and services to provide complete commercial
solutions. Its integrated solutions allow customers to collect, manage and analyze
complex information faster and easier, making them more productive, efficient and
profitable.
Trimble products are used in over 150 countries around the world. Employees in more
than 35 countries, coupled with a highly capable network of dealers and distribution
partners, serve and support our customers.
For over 35 years, Trimble has created unique positioning products that help customers
grow their business. Our portfolio includes over 1,000 patents and serves as the basis for
the broadest positioning offerings in the industry. Trimble augments its organic product
development with strategic acquisitions to bring the latest positioning technologies to a
wider market.
About Trimble Real Estate & Workplace Solutions
Trimble Real Estate & Workplace Solutions is part of Trimble Buildings, a world leader
in technologies that optimize the complete lifecycle of buildings. Applications from
this group span top brands such as Manhattan, CenterStone, Atrium, Proliance, and
more.
Trimble’s product and professional service offerings improve productivity, visibility
and data interoperability, from site selection to optimization of the real estate
portfolio. Trimble technology is a mainstay of the real estate and facility
management industry.
If you would like to learn more about Trimble’s real estate and workplace management
solutions, please visit realestate.trimble.com or contact:
Americas
Europe
Middle East Asia Pacific
+44 (0)207 269 8500
+971 (0)50 451 7943
+61 (0)2 9448 7160
Copyright © 2015, Trimble Navigation Limited. All rights reserved. Trimble, and the Globe & Triangle logo are trademarks of Trimble Navigation Limited, registered in the United States and in other countries. All other trademarks are the property of their respective owners.
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