How to Improve Shopping Center Performance Factors and Retail Sales

Retail shopping mall and escalators

In retail shopping centre management today the presentation and appearance of the retail property in the eyes of both the tenants and the customers will be a fundamental fact that will influence sales and future rental potential. Ultimately everything of an ‘appearance’ nature is linked.  There is no other investment property type quite like it. …

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How to Investigate Shopping Centers for Real Brokerage Opportunity

When you manage or lease a retail shopping centre you really do need to understand the prevailing market conditions, the property, and the level of competition around you.  That means a regular and full review of tenancy activity, shopping centre demand, and future retail projects.  Retail properties are impacted by some quite different key performance…

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Ask the Right Questions in Shopping Center Management and Leasing

When you take over the management and or leasing of a retail property or shopping center there are plenty of things to delve into straight away.  There are facts to explore, tenants to understand and leases to review.  I like to take the checklist approach to reviewing any retail property. I have put together this…

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Commercial Real Estate Property Managers – Why Owner Managed Properties are Risky Business

city buildings on river

In commercial real estate property management today, you will frequently come across owner ‘self-managed’ assets.  Many of the smaller scale landlords in that category do not have the expertise and the experience to manage their asset effectively and directly, and yet they struggle on.  Invariably they cut corners and make decisions based around ‘savings’ rather…

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Shopping Center Management – How to Map Permitted Uses for Better Sales and More Customers

In retail shopping centres you choose tenants based on business history and tenant types.  Essentially you are choosing the best tenants to optimise property income and occupancy.  If you have the right tenant mix then customers will keep coming back to the property over time. In retail that is what you want. Any high quality…

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5 Ways to Critically Analyse the Tenant Mix in a Commercial Investment Property

When you take on a commercial or retail investment property with multiple tenants in occupancy it is critical that you get an analysis of the tenant mix done as soon as possible.  You can learn so much in doing so and it can help your client understand what can be done with the property mix…

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Shopping Center Managers – Ways to Boost Your Retail Trade with a Good Marketing Campaign

Every shopping centre today should have an effective and direct marketing strategy that is active and underway.  That marketing strategy should be monitored and tracked for effectiveness. In each period of 12 months a shopping centre should be promoted comprehensively and thoroughly throughout the targeted customer audience and the location.  Building the retail trade is…

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Commercial Property Managers – Taking Essential Steps to Create Energy Savings in Commercial and Retail Investment Properties

In any commercial property under management today, there will be issues with energy and energy consumption.  In most cases the energy consumption of a building can take up 20% approximately of overall outgoings costs.  Any savings that you can make with energy will have a dramatic impact on property performance, rental structures, and net income.…

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High Quality Tenant Mix Review Strategies in Retail Shopping Centres

When you manage or lease any retail building there are quite a few things to watch and check, particularly with the tenant mix and the leases.  In any large property the monitoring and checking processes are quite complex; any shopping centre manager will attest to that fact. So a skilled property manager or leasing expert…

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Observations About Effective Building Automation Systems in Commercial Properties Today

Frequently you will hear of the term ‘building automation system’ in the function of a commercial office building or retail shopping centre.  If you are a commercial property manager you will very likely have come across the terminology; perhaps the building that you manage has a ‘building automation system’ or otherwise called ‘BAS’ installed. To…

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8 Reasons Why Commercial Real Estate Property Management is Needed Today

When it comes to property performance today, a commercial office building is quite complex and demanding.  There are things to control and manage and that is where a professional property manager is required; not some inexperienced landlord self-managing and trying to save money by doing things themselves. The variables of the building design, function and…

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How to Track Retail Shopping Center Customer Sales and Property Performance

retail shopping mall

There is a ratio of great importance in shopping center operations and performance today.  It is essentially the number of customers visiting the property in a regular ongoing way. When you know the number of customers coming to your shopping center, you can do something about increasing it.  A successful shopping center can be driven…

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Franchise Groups are an Absolute Must in a Shopping Center Tenant Mix

escalator in retail shopping center

When you are designing a retail shopping center for successful trading and performance, many issues are of concern not the least of which is the tenant mix.  Creating that ideal mix of anchor tenants and specialty tenants requires knowledge and planning.   Franchise groups should be a key component of the overall mix. So the message…

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A Blueprint for Finding Retail Tenants to Fill Shop Vacancies

Vacancies in shop leasing can be a real drag on shopping center performance and retail sales.  Any current or upcoming shop vacancy in a tenant mix should be resolved quickly and directly.  It is important that the customers to the property do not feel that there is an issue in occupancy and retail offering. Real…

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Retail Shop Leasing Agents – The Perfect Cure to Help You Lease More Shops

In retail shopping center management and leasing, the threat of a vacant shop and the associated loss of rent can always be a major problem in rental cash flow for your landlord clients.  The older the property, the more challenging the tenant mix and ongoing sales results can be. The size of the retail shop…

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How to Create a Strategic Leasing Plan in Retail Shopping Center Management

In any retail property today, the leasing process will be critical to the performance of the property over time. On that basis every tenant should be carefully selected and placed within the tenancy mix. When a vacancy occurs within the property, it is not simply a matter of finding a single tenant to fill a…

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A New Technique for Comparing and Analyzing Retail Shopping Centers

The shopping centre segment of the retail property industry can be very competitive and complex. That is certainly the case when you have a number of properties competing for the same customers in the same overall location. Retail centre managers and leasing managers should be constantly aware of the trends in retail property performance for…

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The 11 Key Factors of Importance In Choosing a Skilled Retail Shopping Center Manager Today

The process of managing a retail shopping center is quite special, and on that basis the experience and skills of the manager chosen for the property are very important.  The shopping center manager can ‘make or break’ the performance of the property. So why is this so?  You could say that the performance of a…

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