GOVERNMENT RELATIONS
Working Hand in Hand
Hull Property Group provides ongoing support, clear communication, and key resources to help retailers thrive. By prioritizing strong relationships, HPG creates environments where businesses and communities grow together.
Proven Partnerships
We have lived our values for 60 years by executing and successfully meeting our commitments to our people, our customers, and our communities. We hold ourselves to that high standard every day. Our exceptional culture will set us apart into the future through our unending dedication to these beliefs.
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Forging a Different Path
Hull Property Group has spent nearly 50 years forging its own path in retail real estate by using a unique programmatic approach to position itself as the go-to expert for communities seeking to revitalize and redevelop their retail corridors. As a privately held company, HPG has the flexibility to take a long-term approach in this redevelopment, investing its own capital alongside public-sector support to restore properties that many others have overlooked.
For HPG, acquiring a property goes beyond portfolio expansion - it is a commitment to good stewardship as a financial strategy. By partnering with local leaders, neighboring property owners, and civic organizations, HPG combines public-sector support with substantial private investment to deliver projects that drive economic growth and lasting impact for all stakeholders.
Why Malls Still Matter
Malls often are located on the best land in a community and act as an anchor for the surrounding retail corridor. In smaller markets, especially, the decline of regional malls has accelerated with the loss of national department stores. Without those anchors, the remaining businesses see less traffic, triggering a cycle of decline that spreads throughout the retail corridor. If a mall fails, it’s more than just a commercial loss - it shrinks the local tax base, hurts nearby businesses, and devalues the surrounding retail corridor.
Revitalizing out-of-favor failing malls is key to protecting economic health and restoring community pride. It is a well-established principle that it is much easier to prevent a potential blight than it is to cure a blight after it occurs. By investing early and strategically, communities can preserve valuable real estate and ensure their retail corridors remain vibrant for years to come.
Our Programmatic Approach
Hull Property Group (sacrificially?) invests millions of dollars into property improvements, including upgraded lighting, flooring, landscaping, and more. The company’s mural program transforms dark, shuttered storefronts into vibrant, community-centered displays. These visible changes not only improve aesthetics but also shift perception, signaling that the property is viable, active, and full of potential.
Transform
The company’s first priority is addressing issues caused by years of neglect - improving property management, solving operational problems, and retaining viable tenants. By managing all properties in-house - from marketing and accounting to daily operations - HPG ensures consistency and accountability. This early commitment demonstrates confidence, stewardship, and long-term intent.
Stabalize
With stability restored, Hull Property Group prepares each property for its next chapter. Rather than waiting for the perfect tenant to appear, the company invests upfront so that when transformational retailers, restaurants, or civic partners are ready to invest in the community, the space is positioned to meet their needs. This proactive approach creates the foundation for sustainable redevelopment and long-term success.
Reposition
Stabilize
The company’s first priority is addressing issues caused by years of neglect - improving property management, solving operational problems, and retaining viable tenants. By HPG managing all its properties - from marketing and accounting to daily operations - HPG ensures consistency and accountability. This early commitment demonstrates confidence, stewardship, and long-term intent.
Transform
HPG substantially invests into real property improvements, including upgraded lighting, flooring, landscaping, and more without an immediate financial return. HPG's mural program transforms dark, shuttered storefronts into vibrant, community-centered displays. These visible changes not only improve aesthetics but also shift perception, signaling that the property is viable, active, and full of potential with a disciplined, professional owner-operator.
Reposition
With stability restored, HPG prepares each property for its next chapter. Rather than waiting for the perfect tenant to appear, the company invests upfront so that the perfect tenant will be attracted to locate on the HPG property. HPG sequences its investment first and attracting the right tenant second. This HPG sequencing strategy has attracted transformational retailers, restaurants, entertainment and medical uses throughout HPG's portfolio. This proactive proven approach creates a foundation for sustainable redevelopment and long-term success.
Shared Investments,
Shared Success
HPG’s model combines its own up-front private capital with strategic partnerships - leveraging tools like ad valorem tax agreements, tax increment financing (TIFs), and other collaborative mechanisms with other retail property owners in the retail corridor to strengthen local economies and bring about transformational development.
The result is a virtuous cycle: stabilization builds community confidence, which sparks transformation, which creates the offering to attract new tenants and tax revenue. While immediate results can never be guaranteed, HPG’s track record demonstrates the power of persistence, partnership, and reinvestment.
Communities benefit from increased tax revenue, job creation, and revitalized corridors.
Tenants benefit from modern, well-maintained, aesthetically pleasing spaces that attract increased foot traffic.
Local leaders benefit from a long-term mall owner committed to stewardship and shared prosperity.
Case Studies
Regency Mall,
Racine, Wisconsin
Discover how a strategic partnership with city officials in Racine, WI, led to Hull Property Group’s $120 million investment in Regency Mall.
Regency Mall, Racine, Wisconsin
Discover how a strategic partnership with city officials in Racine, WI, led to Hull Property Group’s $120 million investment in Regency Mall.
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Regency Mall, Racine, Wisconsin
Discover how a strategic partnership with city officials in Racine, WI, led to Hull Property Group’s $120 million investment in Regency Mall.
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