Time Equities, Inc. Commercial division encompasses the departments of Commercial Condominiums, NYC Office, National Office, NYC Retail, National Retail and Industrial real estate. Originally focused in the New York area, the Commercial department has successfully expanded business to include opportunistic investments of all kinds throughout the United States and Canada. With an experienced team of asset managers and staff overseeing more than 15 million square feet of commercial real estate, TEI creates value through hands-on leadership and an invaluable network of local partners.
TEI has established itself as one of the largest converters, owners and sellers of commercial condominiums in New York City. Notable conversion projects include 125 Maiden Lane, 70 West 36th Street, 131 West 33rd Street and the tower of 633 Third Avenue. From small medical practices to large block corporate and non-profit requirements, TEI is committed to offering its clients the benefits of owning real estate regardless of size. If you are interested in converting your own building, are looking for space to purchase, or have questions about Office Condominiums in general, TEI is happy to assist. If you need a buyer's broker to represent your interest, contact our Office Condominium Brokerage division.
From its headquarters at 55 Fifth Avenue, Time Equities, Inc. provides management and leasing services to its New York City commercial office portfolio. Our in-house design and architecture team consistently improves its managed office buildings with modern installations and focused design. TEI is committed to the tenant experience and provides a hands-on approach from the first showing to the end of the lease. As a full-service real estate company and an experienced Owners' Representative, TEI has insight into the various marketplaces that allows it to excel as a Third Party Brokerage, helping companies locate, negotiate and build out office space in buildings across New York City.
With over 50 years of experience in all facets of New York - lease negotiation, legal issues, dealings with the Landmarks Commission, renovation and construction - TEI's extensive experience in NYC Retail is a key factor behind our high occupancy rates and stable returns. Since its founding, Time Equities, Inc. has amassed a retail portfolio in excess of 200,000 square feet in the New York Metro area. With concentrations in such sought after locations as the Upper West Side, Greenwich Village, Tribeca and the Financial District, the portfolio generates gross rents in excess of $21,000,000. As part of a successful strategy converting urban rental apartments buildings to cooperatives and condominiums, Time Equities, Inc. often retains ownership of the ground floor retail space. These retail properties are an important part of our retail holdings. TEI owns and manages 82 retail properties throughout the continental United States and Canada.
Time Equities, Inc. seeks to provide a diverse and stable asset portfolio to its investors. To accomplish this goal, TEI focuses on entering into markets with strong demographics, forming local partnerships in those markets and purchasing assets with added value potential. Throughout the nation, we have applied our strategy of working with reliable local operators alongside our asset managers in various regional markets. Time Equities, Inc. also has a presence in the Canadian marketplace and it has continued to expand and diversify its office buildings' portfolio through significant acquisitions in Toronto, Montreal and Newfoundland.
Our National portfolio primarily features value-oriented community shopping centers in primary, secondary and tertiary markets with stable populations and strong growth potential. In recent years, we have also aggressively pursued undervalued or distressed retail shopping centers in regional markets and we have affected successful turn-around strategies, taking advantage of increased returns for our investors, partners and tenants.
Time Equities, Inc. has a diverse industrial portfolio in every region of the country. Currently totaling more than five million square feet in 42 buildings, properties are located in primary markets such as Miami, FL, Queens, NY and Washington D.C., as well as smaller markets like Toledo, OH and Florence, KY. Time Equities' Industrial Portfolio includes warehouses, storage and garages. This diversity extends to its tenants, which range from international corporations to small local businesses. Whether you are looking for a 350,000 square feet warehouse or a 350 square feet space, contact us to see if we have an available space that's right for you.