In commercial real estate, particularly shopping centre management, the revenue streams you administer and monitor are crucial to the long-term performance of your property investment. Every vacancy that can or will exist in the property during the year will jeopardize the property’s value and the success of the remaining tenants. Vacancies do little to improve…
The leasing process in commercial real estate is simple and easy. Vacancies exist in your location, and those vacancies can be a focus of your prospecting and marketing. There are landlords that need your help with solving those vacancies. There are tenants that require relocating. Your job is to match those people into properties and…
If you are to be part of a successful commercial real estate brokerage from a leasing perspective and convert more commissions over time, you will need to establish some professional services and points of focus to attract the tenants to your business over that of your competitors. When you have plenty of tenants to talk…
Retail tenants run both small and large businesses, and most of them need appropriate premises to do that from. There will be parts of your local area that are better than others when it comes to retail trade; the same can be said to the location of particular properties. (N.B. these ideas are also sent…
Like it or not, tenants have plenty of choices in a commercial investment property when it comes to lease renewal time. When you lose a tenant at the end of a lease, you lose rent and outgoings recovery, which then stresses the landlord in many different ways. In a property market and city with many…
In commercial real estate agency there are all types of leasing challenges. Some are easy to handle whilst others are more difficult. That being said, the leasing side of our business is lucrative and active, if you choose to work in it in any major town or city. What can you do here with ‘strategic…
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