Shopping Centre Leasing Skills Resources by John Highman
Many agents that start a career in commercial real estate brokerage commence in the leasing segment of the market and particularly in industrial property, and that is because the factors of industrial leasing are basic and easy to understand. A couple of years of negotiating industrial leases with local landlords and tenants will usually help…
With some shopping centers today you can be struggling with vacancy problems and finding the right tenants to solve empty shop issues. In older properties tenants move for a number of reasons and can create a real exodus that impacts overall trade for the shopping center. Common Issues in Shopping Centers Some of the most…
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 most towns and cities today, there are factors of change and opportunity in the commercial office leasing market. This is especially true as businesses approach seasonal business peaks, such as those seen at the end of the trading season or the start of a new fiscal year. Know the business cycles and seasons that…
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…
In commercial property leasing and management, tenant relocation can revitalize the tenant mix and boost the potential growth of market rental. Therefore, the ‘relocation’ process is a real strategy in property performance; specialist agents and brokers should know how to optimize the tenant mix. To provide that tenant optimization professionally they can provide a ‘tenant placement…
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. …
If you have a bit to do with investment property leasing, particularly that with office or retail property, you will know the problems that can evolve with a new tenant entering a property after negotiating a lease and then undertaking fit-out works. Noise, dust, disruption, and inconvenience are all factors that come to mind. If…
When it comes to leasing or selling a commercial or retail property, the construction drawings will be of interest and useful in the negotiation. The drawings are also called ‘as-built drawings’. They are created at the time of building construction and should stay with the property and the existing owner of the building throughout its…
When you manage or rent out retail shopping centers, you will always need to find quality tenants to keep the property on track for making money and being a good investment. Each year things change in retail properties, and some leases will be coming to an end or a few tenants may not suit the…
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