How to Evaluate a Supermarket in a Retail Shopping Center Performance Review

shopping center escalators

A supermarket in a retail shopping centre is generally an anchor tenant in a particular location, and perhaps one of a few anchor tenants of similar type, all seeking to attract customers to the property. (NB – you can get our free commercial and retail property training here)   A supermarket is therefore an important…

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Market Research Solutions for Better Shopping Center Performance

shopping center escalator

With retail shopping centers today, every shop, tenant, and marketing program has to be matched into the customer base and demographic.  When you achieve that careful balance, you can grow sales turnover opportunity for each and every tenant.  That then strengthens the shopping center performance. (NB – you can get our retail and commercial property…

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How to Appraise Shopping Center Opportunities

shopping center escalator

When you manage, lease, or own a retail shopping center, the property evaluation process is quite important.  Each year as part of the property business plan you can update the property review and see what has changed. (NB – you can get our retail and commercial property training here) You can see where things may…

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How to Undertake Customer Surveys in Shopping Center Marketing

mall escalator

When you understand your retail shopping center and its customers, you can do more with your tenant mix, tenant placement, and retail offerings.  This then deepens your leasing strategy to potentially underpin the market rentals for the property and lower the vacancy risk.  All of that can lead to a successful property and its performance.…

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Creating a High Level Needs Analysis with Retail Shopping Center Leasing and Tenant Mix Assessments

escalators in retail shopping center

When it comes to managing and leasing any retail shopping centre today, it is quite important to undertake a needs analysis within the tenancy mix on a regular basis. That needs analysis will take into account the location factors of the property, the investment requirements of the landlord, the tenancy mix challenges, and the interests…

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How to Choose the Right Cleaning Contract in a Retail Shopping Center

shopping center performance

Many a shopping center manager would know the challenges of specifying, tendering, and negotiating a cleaning contract in a shopping centre.  There are many things to investigate and watch for as part of establishing the new contract.  Without careful consideration errors can be made in expenditure and presentation that will impact the operations of the…

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The 3 Key Elements of Shopping Center Management

shopping center performance

When you manage a shopping center, the things constantly happening in and around the property must be kept under control.  The typical retail property is like a large ‘ship’ or tourist vessel, where events are happening on a daily basis. (N.B. these ideas are also sent out to regularly to our friends in Commercial Real…

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Easy to Follow Steps for Shopping Center Renovations

man standing outside shop

When you look at the different types of investment property in most towns or cities, retail shopping centres are the most active when it comes to renovation and upkeep.  That is simply because those property types must maintain customer interest and tenant occupancy to be successful as an investment vehicle. (N.B. these ideas are also…

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Shopping Center Managers – Ask More of Yourself in Retail Shop Leasing

When you work in shopping centre leasing today, there are many different factors of performance to track within the shopping centre and within the tenancy mix.  Stay on top of issues and future leasing opportunities.   Things change when it comes to vacancy factors, rental charges, and lease conditions.  When your commission and income comes…

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The Critical Elements of a Successful Customer Service Model in Retail Shopping Center Performance

Every retail shopping center should have a defined and active customer service program to help shoppers and tenants alike.  Many things happen in a shopping center each day.  The greater the number of tenants in the property, the greater the potential is for customer problems and issues.  You want to make it easier for tenants…

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Commercial Property Managers – How to Avoid the Costly Mistakes of Crisis Management

When you manage commercial and retail buildings you should expect things to go wrong from time to time.  In any investment property there is always a long list of potential problems that could happen and evolve when you least expect it.  You have to be prepared for difficult events and crisis challenges. The message here…

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The Secret to Tenant Mix Management and Reporting in Shopping Centers Today Part 1

In shopping center management today there are lots of challenges to manage and deal with.  At the top of the list will be the tenants and the rental coming from the tenant mix.  A good tenant mix plan will take care of the lease and rental volatility for the landlord.  In this video there are…

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A Blueprint for a High Quality Commercial Property Management Budget

When you manage large commercial or retail buildings there are many important issues to consider as part of creating the annual property management budgets.  A good budget process will give you a reasonable level of asset control and help you with property decisions through the year. Your clients as landlords need to see what you…

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12 Factors to an Accurate Tenant Mix Report in a Retail Shopping Center

shopping center escalators

In a shopping center you have to watch what is happening in the tenant mix, and from that process there are particular strategies that can be developed to give the mix of retailers some leverage in sales and occupancy.  Ultimately that method of approach can strengthen the asset performance for the landlord. Here below is…

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8 Ways to Find New Commercial Property Management Clients

Many top real estate brokerages understand the high value of a commercial and retail property management portfolio to the overall business.  Many good clients and a variety of commissions will usually come from a well-crafted and established property management portfolio.  In saying that, quality is everything when it comes to the establishment of a property…

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Commercial Property Managers – 15 Ways to Establish New Property Controls and Systems

city buildings on river

If you are to take on a new property under management, you really do need to assess current issues quickly.  Look for the challenges in the asset and understand the landlord pressures and targets.  Ask plenty of questions. Every property is unique and different.  You cannot take anything for granted.  A successfully managed property is…

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Essential Tenant Control Systems and Strategies in Commercial Real Estate Leasing and Property Management

If you are managing a commercial or retail property, you will know all too well that the tenants in occupancy can create or break the performance of the property for the landlord.  The greater the numbers of tenants that you have in the property mix the larger the control problem. There are many things to…

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Commercial Property Management – 4 Ways to Control Energy in Commercial Property Performance

If you work in commercial real estate property management and leasing, you will likely understand that the energy costs are increasingly a big part of property performance. Energy costs will impact property outgoings for the landlord and for the tenant.  Those costs have to be balanced and controlled so they do not drag down the…

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