Shopping Centre Sales and Leasing Skills Resources by John Highman
When owning, leasing, or managing a shopping centre, you want to reduce and remove the problem of vacancies. As leases end or pressures occur for some tenants, vacancies are a real problem that requires a strategic approach. It is, therefore, essential to have a lease renewal strategy and a tenant retention plan active. Do you…
In the fast-paced commercial and retail real estate world, staying ahead of the curve is critical to ensuring a flourishing shopping centre tenant mix. This checklist, available for download, will help you review and build a tenant mix strategy for any retail property or shopping centre. A successful shopping centre is created by matching the…
Introduction to Leasing Shops Welcome to the latest Commercial Real Estate Online podcast episode, where we delve into the art and science of managing and optimising tenant mix in retail shopping centres. As a commercial real estate investor or agent, you understand how important a well-curated tenant mix is for driving foot traffic, lowering vacancy…
Commercial real estate leasing between landlords and renters provides a steady stream of fresh business prospects. Property availability and occupancy support the business community, which then helps us locate tenants, landlords, investors, clients and property owners. As a leasing agent, increase your transaction prospects by connecting with landlords and tenants frequently and continuously. Recognize that…
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…
The retail shopping landscape is changing without a doubt. The internet significantly impacts how people shop and what they want when they visit a shopping mall. Tenant retention and leasing strategies are important to property investment performance. Here are ways to do that. Shopping centre and leasing managers face an ongoing strategic challenge with retail…
Shopping malls are a dynamic and ever-changing property asset class. It is a highly sought-after asset class among seasoned investors. What is the attraction of retail property? The rewards and returns are numerous for property investors who can work on improving the asset class and tenancy mix. As a result, many people are always looking…
Most commercial and retail property managers are extremely busy on most working days. Why is that? They must deal with many things across lease occupancy, tenancy mix, maintenance, and risk management daily across many buildings. Despite the pressure, they must meet the needs of tenants, landlords, and authorities. Errors can be made if controls and…
A retail shopping centre can be a complex investment property to manage and lease over time. That then requires specialised centre managers and an ownership strategy incorporating changes in market activity and retail focus. Retail shopping today has changed significantly over recent years and will continue to do so. As online shopping tends to shape…
One way to improve a retail shopping centre is through rental optimisation. That is the rent paid by the tenant(s) and the total for the property throughout the year. If more rent can be produced, then that reflects better occupancy, better tenants, and customer interest and purchasing patterns. Without addressing the tenant mix and occupancy…
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