Shopping Centre Leasing Skills Resources by John Highman
With each passing year, new technologies for commercial property management enter the market. From drones to smart lockers, you have more options than ever, and their impact on maintenance and tenant satisfaction is impossible to ignore. More than that, these tech-driven solutions are crucial to acknowledge for your continued success. If you’re going to keep…
Understanding supply and demand pressures in leasing today so you can move into tenant advocacy and build your real estate business around that. In your town or city CBD, there will be plenty of local businesses needing to make decisions on expanding, contracting, or relocating. That is where you can help. Also, look at supply…
In retail property, some of the rents are large, and the leases are of high value. On that basis, it is a good leasing segment to work in and with from a brokerage perspective. You can be a specialist in retail property performance and growth or change. What can you do in the segment? There…
When you are about to lease and or manage a shopping centre, there are things to understand and get under control. All facts require full investigation and documentation. In saying that, an active tenant mix and customer base in a large shopping centre can complicate and make more urgent those investigations. So where can you…
When you have a vacant shop in a shopping centre, it is time to put strategy and solutions together. Don’t tolerate a shop vacancy for too long, or preferably, remove it before it becomes vacant by pro-active leasing. There are things to think about and things to do. Forward plan your vacancy reductions and leasing…
Putting new tenants into a vacant property or premises is quite common and a ‘checklist’ approach will help you cover the facts and the matters relating to the premises. Understand the client, the tenant, the premises, the condition of the improvements, and then document everything. Keep all your records, be they photographic, checklists, notes,…
In retail shopping centre management, you must plan to bring new retail property and client into your management portfolio. That, then is a purpose-built property management plan. That will help you keep the property services you offer in line with your client’s investment targets and stabilize the management appointment. It will also help you engage…
In commercial real estate leasing, there are things that you can do every day to build a solid base of tenants and landlords as potential clients. There is a proven pattern of action that will help you drive market share and opportunity your way. That action will give you plenty of satisfaction as you gain…
Most brokers or agents get involved with leasing commercial or retail property. It is a good segment of the market to work with. It does, however, require specialisation to ensure that you have the necessary skills and market coverage to work with both tenants and landlords comprehensively. Where do you start? Understand what the tenants…
Most retail shopping centers have a few levels of opportunity that can and should be tapped from a leasing perspective. Finding those ‘windows’ of leverage and growth is important to investment performance. You can use it to your advantage as a leasing and investment expert in the property class. So, where do you start? A retail…
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