Shopping Centre Leasing Skills Resources by John Highman
In commercial real estate brokerage, the use of a tenancy schedule for property control is quite common when it comes to larger office, retail, and industrial properties. That being said, there are some dangers to understand with the scheduling process. The schedule itself should contain the entire relevant lease and tenant detail for the asset…
You can make some valuable client connections and commissions from the ‘tenant advocacy’ side of our property business and your commercial real estate market. Does this interest you? The better leasing clients to service with tenant advocacy are local larger companies and corporations. They don’t normally have the time, the skills and the energy to…
The commercial property market is always changing and particularly within the leasing category. As an agent or a broker, you need to watch the things that are changing and adjust your business activities accordingly. There are always tenants and landlords looking for help. Focus on the quality people in each group and you will see…
A tenant mix will change quite a lot of things in investment property performance, be it in an office or retail property. A good tenant mix will support income and occupancy, whilst a poor mix will lift vacancy factors and upset rental returns. Tenant Mix Assessment So a property manager or leasing expert should be…
In commercial and retail property management today, it is essential that you have a custom designed tenancy mix review process underway. In any complex property with a number of tenants in occupation (i.e. Retail Shopping Centres or high rise Office buildings), that tenant mix process should be unique to the building taking into account the…
The retail leasing process is quite special for a number of reasons. If you work in retail leasing or shopping centre management then it is wise to fully understand the retail property market segment and the people that you are leasing space to. Retail is not like an office or industrial property; it is geared…
The retail shopping centre management process is quite specific and more intense when compared to that of office or industrial property management. The management of a retail shopping center is a detailed and systemized process of property performance balanced against the property’s attributes. There are unique categories of property performance to address, including tenant interaction…
The quality of the retail tenants that you put in a shopping center will greatly impact the tenant mix and the attraction of customers to the property over the long term. Every vacancy should be carefully considered so that the best tenant is chosen for the location with a view to the long-term bolstering of…
When you are designing a retail shopping center for successful trading and performance, many issues are of concern, not the least of which is the tenant mix. Creating that ideal mix of anchor tenants and specialty tenants requires knowledge and planning. Franchise groups should be a key component of the overall mix. So the message…
Vacancies in shop leasing can be a real drag on shopping centre performance and retail sales. Any current or upcoming shop vacancy in a tenant mix should be resolved quickly and directly. It is important that the customers to the property do not feel that there is an issue in occupancy and retail offering. …
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