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Caroline Cheng: Director at Ripco Real Estate

fortunestime by fortunestime
April 12, 2024
in AWLMMRE April24 Profiles, Listed Profiles, NWLMMRE March24 Profiles
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Caroline Cheng, an accomplished professional in the field of commercial real estate, currently holds the esteemed position of Director at Ripco Real Estate. With a strong focus on both Landlord and Tenant representation, Cheng brings a wealth of experience and expertise to her role. Prior to joining RIPCO, she held the position of Director of Retail Leasing at Franklin Street, a renowned commercial real estate firm based in Tampa, Florida.

Boasting an impressive career spanning over 15 years in the industry, Cheng has honed her skills in deal making and transaction management, making her an invaluable asset to Ripco Real Estate. One of her notable achievements includes leasing kiosk spaces for the second largest Real Estate Investment Trust (REIT) in the United States. Her exceptional negotiation skills and in-depth understanding of the market allowed her to secure favorable leasing agreements on behalf of her clients.

Cheng’s expertise extends beyond leasing as she has also served as a Real Estate Manager at Checkers, a prominent restaurant chain, where she played a pivotal role in expanding the company’s corporate footprint. Additionally, she oversaw the growth of four franchised brands under the former Global Franchise Group, which included renowned names such as Great American Cookies, Pretzelmaker, Marble Slab Creamery, and Hot Dog on a Stick. This experience provided Cheng with valuable insights into the complexities of franchise operations and real estate management.

Having spent over six years as an independent broker, Cheng has represented numerous national and franchised retailers, guiding them through the intricacies of the real estate market. Her vast network, coupled with her strong industry knowledge, has enabled her to facilitate successful transactions and establish long-lasting relationships with clients.

Caroline Cheng’s commitment to professional development and industry collaboration is evidenced by her membership in the International Council of Shopping Centers (ICSC). As an active member, she stays up-to-date with the latest trends and best practices in retail real estate, ensuring that she remains at the forefront of the industry.

Ripco Real Estate

Ripco Real Estate, established in 1991, emerged with a mission to deliver exceptional, personalized services in retail real estate throughout various regions including Manhattan, the Outer Boroughs, Long Island, New Jersey, Connecticut, and Florida. Recognizing the distinct needs of retailers, landlords, and developers, Ripco Real Estate serves as a trusted intermediary, providing expertise and guidance to all parties involved in the process.

A key strength of Ripco Real Estate lies in its comprehensive understanding of the dynamics between retailers and property owners, managers, and developers. By possessing knowledge from both perspectives, Ripco Real Estate is uniquely positioned to create mutually beneficial deals and maximize the value for its diverse clientele.

Over the years, Ripco Real Estate’s reputation grew, as satisfied retailers and developers recognized and appreciated the firm’s capabilities. The positive word-of-mouth led to sustained success, and many of the early relationships Ripco established continue to be valuable clients to this day. Building upon its strong foundation, the firm has expanded its operations to include the thriving Florida market, with offices in Tampa and Miami.

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