A commercial office tower is a complex asset to manage in more ways than one and requires the right person to undertake management. Any mistakes and omissions can create costly outcomes on property income, occupancy, and risk management. Many cities and towns have office towers of various types and scales; they are great properties to…
The commercial office leasing market will always produce leads and opportunities for any real estate agent or broker. It is a good segment of the market to work within as you start to build knowledge and skills in the industry. Here are some of the things that you can learn and focus on when you…
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 it comes to leasing commercial or retail premises, understand the opportunities of boosting the rental income over the long term for your landlord client, and negotiate the lease accordingly to provide that rental growth. Certainly, the negotiation of a lease is the main priority for the landlord, but the quality of the lease will…
When you get a vacancy in an industrial property, many landlords ‘stress out’ and overreact with the loss of rent and outgoings during the vacancy period. To further complicate things, some landlords ask far too much rent in the marketing of the vacancy; the end result is a protracted vacancy and lengthy lease downtime. The…
The industrial property market is usually the first to feel an upturn or downturn in activity when the economy shifts. That is because industrial manufacturing and small business integrate very closely to the economy of countries and the region within a town or city. If you are selling or leasing industrial property as an agent,…
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