Here is a short video explaining the parts of a Retail Shopping Centre Asset Plan and the things that you should consider in creating one. When you manage a shopping center there are many things to consider and that is why the Asset Plan process brings it all together. I have worked on quite a…
As a retail shop leasing expert you can easily get confused and frustrated in finding new tenants and working with some landlords. The pressures of fixing a vacancy and restoring a retail property to full occupancy can be overwhelming; that is certainly the case if you have a large retail project or shopping centre to…
The commercial property management process can be quite special in many different ways. It takes time to learn the correct skills and gain the right levels of knowledge. The work processes in property management are quite different than that of sales or leasing; a special person is required that brings a different skill mix to…
When you convert a new commercial property management client to your real estate brokerage, it is time to provide a ‘listing kit’ to help the client understand all the important factors of your professional service, your people, and your upcoming property management interaction. The ‘property management listing kit’ can sell the differences and professionalism in…
Every landlord of commercial and retail property today will have specific requirements for their asset. That will be in income, outgoings, operational expenses, tenant mix, and documentation. It is up to the property manager to fully understand those facts. Quality service that is matched to the client needs and property will be very important in…
Every quality retail shopping center should have a well-defined leasing strategy and tenant mix plan. To do otherwise would be foolhardy. A retail property is a vibrant and dynamic property asset by lease type and occupancy demand. Incorrect choices or lack of the right market information in a retail shopping center will directly flow through…
As retail real estate managers and leasing specialists we can add considerable professional value to a shopping center renovation. We can take to the project a deep and complex knowledge of desirable tenant mix changes, lease management and rental income opportunities. So how can you as a real estate broker approach the retail property renovation…
When you understand the local market trends in commercial real estate leasing you can do a lot with finding more tenants and closing on quality lease negotiations. Leasing activity underpins property investment and hence property sales. It stands to reason that a good leasing agent is always preparing the ‘ground’ for a great sale in…
Commercial real estate leasing today is a specialised process. It requires planning and deliberate focus. When you have a vacancy to lease, there are many factors to consider as part of resolving the problem. It is interesting to note that many landlords will try to lease their vacant property or tenancy themselves. That is generally…
The process of goal setting in commercial real estate leasing will help you get to the market efficiently and effectively. Every day you should be looking for landlords to serve, tenants to occupy, and new projects to lease. The leasing part of the industry can be very rewarding if you focus on quality tenants, and…
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