The success of a shopping centre is largely determined by its customer base, tenants, and the landlord’s ability to support, enhance, and grow customer interest in the property. Some landlords don’t do it well, if at all. Inexperienced retail landlords typically collect the rent and do little else to maintain and market the property. A…
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…
The process of shopping center management is quite special. Further to that fact, the people providing that professional service are critical to helping improve retail property performance. There is a lot of skill and knowledge in shopping center management. If a retail property is struggling for any reason, one of the most common factors that…
When it comes to running and managing a commercial property for a landlord, a good plan will be required to keep things under control. A good property management process is not simply a matter of collecting the rents and filling the vacancies; there are so many other issues to work with in the property. If…
When we lease commercial or retail property today, the income factors can be improved initially through good lease negotiations and secondly a strategically sound tenant retention plan. What can you do? Cash flows and tenant retention underpin the performance of the property. We are then the ‘strategists’ in the process of property improvement, and we…
In commercial real estate property management and leasing, negotiating with tenants regarding renewing their leases is quite a common event. Unfortunately, many property managers leave the matter until it’s too close to the cutoff date, and negotiations become pressured. Stay in control when it comes to your leases and managed properties. Pressured negotiations are impacted by…
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