Shopping centre leasing is a unique process. There are tenants to find but not just any tenants. It would be best to find the right tenants for the retail customer mix and the property performance targets. In this video today, we share some ideas regarding the types of tenants you can select for your shopping…
If you are working in commercial property leasing, there are many things that you can do to attract and create frequent transactions between tenants and landlords. Make the clear choices on just who you should concentrate on with most of your real estate leasing prospecting; refine your lease packages and services for tenants or landlords. …
Managing and leasing a retail shopping centre is not a natural process. The right skills and knowledge are required, and particularly so to create the right investment results for clients. There are many things of a retail nature to understand and address over time. (NB – you can get our retail shopping center tips and…
The retail tenant prospecting process in commercial real estate brokerage is quite unique and special. The retail section of the property market requires understanding and dedicated focus if a reasonable income is to be extracted from sales and leasing activity. So let’s look at some ways to do that and how you can get involved…
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…
Finding the right retail tenants to lease shops within your shopping centre can be quite a special process. It is a matter of finding the right tenant for the location and the tenancy mix. Every shop is different; every shopping centre is unique. Your prospecting model for finding new tenants should be carefully crafted. When…
Many commercial property managers and leasing managers don’t spend enough time on tenant management and communication, only to soon find that they have an upcoming vacancy or a building that is underperforming from a rent and occupancy perspective. There is a strong link between tenant encouragement, communication, property performance, and landlord involvement. At the base…
The quality of the retail tenants that you put in a shopping center will greatly impact the tenant mix and the attraction of customers to the property over the long term. Every vacancy should be carefully considered so that the best tenant is chosen for the location with a view to the long-term bolstering of…
Local businesses and retailers are most likely to be the best prospects for leasing vacant premises in any investment property. That is because they understand the area of the city and are more inclined to lease locally. It stands to reason that any commercial property leasing agent should have an ongoing strategy for connecting with…
When you manage or rent out retail shopping centers, you will always need to find quality tenants to keep the property on track for making money and being a good investment. Each year things change in retail properties, and some leases will be coming to an end or a few tenants may not suit the…
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