Jessie Wright has over 30 years of experience in commercial real estate. After earning his two B.S. degrees at Oklahoma University, he felt that his call and passion was commercial real estate. He rounded out his experience with heavy involvement in value added deals covering various types of properties from apartment buildings to regional shopping malls.
His impeccable negotiation skills, ability to initiate and maintain relationships with companies, managerial expertise and extensive experience in commercial real estate through ownership and improvement of his own centers, has led him to establish Enterglobe Enterprises LLC, a Long Distance Management Corp training company designed for absentee owners who want take control over their own centers and learn in a hands-on environment all aspects of the management.
Results-oriented and always on top of the latest market developments, Jessie has earned the respect and trust of national and State tenants like Family Dollar, Fresno County, America’s Thrift Stores, M&F Bank, Mid-South Telecome, Lincare Pharmaceutical and many others. His integrity and hands-on approach with his clients has made Enterglobe Enterprises, LLC one of the top property management companies in the country.
We set up a proven management system for your shopping mall and train you how to use it to maximize your property potential.
The company has been established with an idea in mind that there are many property owners whose shopping centers and malls suffer or simply underperform due to management issues. Many absentee owners are struggling with their shopping centers because of their local management company or due to lack of the necessary experience to manage their centers on their own. We have also noticed that there are many investors who pass on an opportunity to buy a center with a great potential simply because of the long distance from the center and lack of experience to manage a center from a distance.
Being located in Torrance, California and having owned and managed over 600,000 sq.ft. of retail space nationwide, Jessie Wright has developed a proven management system that has worked and will work with any shopping center, indoor or outdoor mall in any location. Our system provides real solutions and is customized based on each individual scenario.
We will visit your site, set up the system and train you in a hands-on environment how to use it. You will not be given a book of advice and left on your own; we will work with you – evaluating your current position, your goals and setting up a real-life solutions that will work for your center. We will provide support until you are 100 percent sure and comfortable to be on your own.
For the owners that are not in a position to invest into recommended improvements or unable to put in a time required to manage their center, we offer a partnership where we completely take on management (on-site and off-site) and perform series of exterior improvements (which will be paid by us) to sell the property and make a profit regardless of the economy. Please review Equity Management Partnership program here
We accept and pay commission on referrals to real estate agents and brokers. If you have a client that may need our service, CONTACT US to find out how it works!
In the short time (less than two months), Jessie learned more about the mall than we knew in the two years that we owned it. We have seen the changes he has made in the short time that he owned the mall. We are very impressed with his ability to see what needs to be done and following through..We are very pleased with the relationship and friendship that we have cultivated with him, I would do business with him again.
In the recent years it became impossible to attract retail tenants and most of the space was used for offices. We lost our largest tenant (the U.S. Postal Service), and were about to lose other tenants. We put the center on the market and ultimately sold it to Jessie, who is one of the most “take charge” property managers I’ve ever seen. He established relationships with all relative tenants, city officials, vendors, etc. Within a short period of time he had new tenants lined up and several parking lot, landscaping and other issues resolved. The center is now on a solid footing thanks to Jessie’s “take charge” style. If I had another distressed property in need of help, Jessie is the first person I would call. He is a man of integrity.
…immediately came in and renovated the whole premises, including parts that were wholly unleasable. He resurfaced the parking lot, installed new signage, and remediated environmental problems. Additionally, unlike most buyers, he staffed an office with an on-site manager and leasing person which is very unique… By the end of 2011 he had increased the occupancy and value substantially. With this newfound stability and higher NOI Jessie procured a semi permanent bridge lender and in January of 2012 he paid off his seller financing with us…
After acquiring the properties, Jessie performed renovations, and put a lot of his own money and “sweat equity” into the buildings.He improved their physical appearance and curb appeal very substantially. He is a hard worker, doing much of his own leasing and taking calls from prospective tenants after hours, weekends and holidays. His efforts paid off as he was able to lease up many of the vacancies, including some spaces that had been continuously vacant for more than ten years…
I went through off-site training in Torrance, California and was very impressed with the stuff that he covreed: all aspects of “back end” including website uploads, accounting and collections. When I traveled to Birmingham, Mr. Wright showed how to talk and deal with tenants and vendors. While in Birmingham, he also showed me examples of the centers that were in bad shape… I do recommend Mr. Wright’s training for anyone who has little or no experience in running shopping center.