According to the National Retail Federation’s 2023 National Retail Security Survey, external theft, including organized retail crime (ORC), accounted for an average of 36% of retail sales losses in 2022. Now more than ever, brands and landlords alike are seeking tools to mitigate this issue.
Organizations such as the International Council of Shopping Centers (ICSC) are advocating for both through Congressional support for the INFORM Consumers Act and S. 140/H.R. 895, the bipartisan “Combating Organized Retail Crime Act of 2023.”
In response to this rising threat, North American Properties (NAP) has invested in bridging software from two Atlanta-based companies, Flock Safetyand Fusus, to enhance its security measures at The Forum Peachtree Corners.
“With our ongoing commitment to revolutionizing the retail real estate industry through technology and innovation, we are proud to partner with local municipalities and law enforcement agencies on curating secure communities for our guests, tenants and employees,” said Jay Richard-Yu, NAP director of innovation and digital assets.
“Technology has the power to automate workflows, and binding these assets will provide management with an advanced, interconnected approach toward combating ORC at The Forum,” he added.
Flock Safety’s license plate recognition software
Co-founded by Georgia Tech alumni Garrett Langley and Matt Feury in 2017, Flock Safety is an all-in-one technology solution designed to eliminate crime and keep communities safe.
Flock License Plate Recognition (LPR) cameras provide objective evidence to help solve crimes, 70% of which are committed with a vehicle, and prevent potential issues, including shoplifting, parking lot break-ins and vehicle theft.
The cameras capture license plates and vehicle characteristics, not people or faces, and send real-time alerts to security personnel and/or law enforcement when a vehicle associated with a known offender or endangered person passes the camera.
Flock Safety is trusted by more than 4,000 communities across the country and has raised over $330 million in venture capital from leading firms such as Andreessen Horowitz, Axon Bedrock Capital, and Matrix Partners, among others.
Furthermore, the company has recently achieved a ranking on the 2023 Deloitte Technology Fast 500 and has been acknowledged as one of the top 4% of companies on the Inc. 5000 Fastest-Growing Private Companies list.
The Forum has been equipped with Flock LPR cameras for two years, and NAP bolstered the property’s security infrastructure this fall through a public-private partnership with the City of Peachtree Corners, adding 27 external cameras across the site.
Streamlining critical communications with Fusus
To further streamline surveillance and communication processes between the onsite security team and local law enforcement, Fusus has also been integrated into the multi-layered camera system through its proprietary CORE appliance.
Fusus was Launched in Peachtree Corners during the summer of 2019 by U.S. Navy veteran Chris Lindenau, CEO, and U.S. Army veteran Anthony Baldoni, COO.
Fusus is a cloud-based, Real-Time Crime Center and Security Operations platform that extracts and unifies live video, data and sensor feeds from public and private sources, enhancing the situational awareness and investigative capabilities of law enforcement agencies.
Merging resources into a single, efficient and unified stream of information, Fusus allows for policy-based, intelligence-led policing and faster emergency response times.
Fusus currently powers over 250 crisis command centers globally. Earlier this year, the company was ranked 70th on Inc. Magazine’s list of 5000 Fastest-Growing Private Companies and named a Best Place to Work by the Atlanta Business Chronicle.
It has also received several Stevie American Business Awards and ASTORS, the preeminent U.S. Homeland Security awards program.
Crime prevention in Peachtree Corners
Recognized as this year’s 19th Best Place to Live for Families by Fortune Magazine, the City of Peachtree Corners recently implemented a Marshal Program to serve as a non-emergency force multiplier and liaison between the community and the Gwinnett County Police Department.
It has also deployed Connect Peachtree Corners, a new public safety program enabling local residents and businesses to register cameras within the community-wide network to aid local law enforcement in gathering timely evidence during active investigations.
“The City has enhanced its camera program by deploying Automated License Plate Readers and cameras in strategic locations,” said Peachtree Corners Mayor Mike Mason.
“The City’s Connect Peachtree Corners program for residents and businesses to register their cameras has been very well-received. The inclusion of The Forum within the Fusus platform will expand our ability to provide a high level of public safety,” he explained.
NAP acquired The Forum through a joint venture partnership with Nuveen Real Estate in March 2022 and has since increased its security coverage by 35% as part of an ongoing redevelopment effort. Learn more about the retrofit project here.
To view NAP’s mixed-use portfolio, visit leasing.naproperties.com, and follow the company on LinkedIn and X to keep up with happenings.