Shopping Centre Leasing Skills Resources by John Highman
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…
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…
The performance of retail properties and shopping centers is constantly under pressure. This is because there are always plenty of tenants in a retail property, and rental income varies greatly depending on the tenant mix. Tenants may be subjected to business or occupancy pressures. A “game plan” is a good idea for shopping centre managers…
Today, every landlord must take steps to prepare a property for leasing and to market vacancies when they occur. Prepare to lease space in all your investment properties. Know that vacancies will occur, so prepare for that. The property leasing process moves faster and produces better results when it is started early. You will sometimes…
Today, there are many opportunities to lease commercial, industrial, or retail property; however, the strategy for finding them is very personal and should be taken at the agent level. Conversations with tenants and landlords will lead to leasing opportunities. Do you want more transactional leasing business in your area? There is a straightforward solution. Every…
When you are selling, leasing or managing a shopping centre today, there are many things to watch and work across. That will include tenant, customer, and day to day issues. That is why a performance plan is useful. The landlord services that you offer as an agent can be quite specific and of real value….
When you work as a leasing agent in commercial real estate, the business community in your location is the source of considerable new business. It is just a matter of connecting with the business owners. You will find some helpful suggestions here that will make it easier to enter the local commercial and retail property…
Here is a video explaining the approach to shopping centre analysis. Always start your property analysis from the tenant base and look at occupancy issues as part of that. The decisions on the smaller speciality tenants come after the placement of the anchor tenants and the big tenants. They’ll be perfect for the empty storefronts…
When you have a shopping centre to lease and manage, there are many factors to consider and things to balance.  As the economy shifts and changes, so do customers’ spending patterns. Attracting customers to a shopping centre and then finding the right tenants for the long term is a delicate balance. Your success in doing…
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