Retail Property Sales and Leasing Skills Resources by John Highman
The management of a retail shopping center is quite special given that there are many things to monitor and address. Each day there will be issues with tenants, customers, and contractors. There will be financial and physical matters to control and optimize. So a good reporting system will help you stay on top of the…
A commercial property fact sheet will very likely help you lease a property, and at the very least will help you convert more interest in creating and holding a property inspection. With the fact sheet you have something to talk to about and negotiate through. You can open up on the fuller property details; you…
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…
In any retail property today there will be plenty of issues and pressures impacting occupancy. Landlords typically want to minimise the impact of vacancies and the tenants want to have a successful occupancy where they can improve business results and sales. It stands to reason that there are some specialised tenant mix leasing services that…
When you manage or lease any retail building there are quite a few things to watch and check, particularly with the tenant mix and the leases. In any large property the monitoring and checking processes are quite complex; any shopping centre manager will attest to that fact. So a skilled property manager or leasing expert…
Leases in commercial real estate form the foundation of the tenant mix and rental cash flow. They are important documents to understand and administer. It is not unusual to have a variety of leases in one property. Therefore, every lease has to be read and checked. Every lease in a client-managed property should be assessed…
Planning a tenant mix in any commercial or retail property requires real planning and a reasonable amount of research. In this chart, I have covered some of the most important factors to consider and review in working up a strategy and mix plan for your investment property. Occupancy planning is such a special thing. …
In any town or city there will be a number of shopping centers serving the same customer base. The retail properties will be of different size and location. All of those retail properties will have leasing opportunities into the future. Real estate brokers and agents can get involved from a leasing and tenant mix opportunity. …
When a retail property is to be newly managed the focus on the handover process in bringing it over to your agency or brokerage is really important. It is the only time that you can capture the full facts of the property and the tenant mix. Asking the right questions and documenting the active elements…
If you specialise in retail shop leasing, you will need to know about shopping center characteristics for your area and what makes a retail property thrive. Not all shopping center properties are the same and the competition for customers is high. A regional retail shopping mall or center will have a big impact on surrounding…
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