Shopping Centre Leasing Skills Resources by John Highman
When you work as a commercial leasing specialist, you need a few tools and business processes to help you with tenant and landlord attraction, interaction, and conversion. You never really know when you will need to talk about leasing opportunities with either of those groups of people. Be prepared in every way possible for the…
To undertake a successful survey in a retail shopping center, it is wise to consider what you are wanting to achieve from the process. If you like, the process is where you should be starting with the end result in mind. Understand what you are wanting to know to help the property and its retail…
A commercial property fact sheet will very likely help you lease a property, and at the very least will help you convert more interest in creating and holding a property inspection. With the fact sheet you have something to talk to about and negotiate through. You can open up on the fuller property details; you…
In commercial real estate leasing, you need a large database of tenants. Without that foundational fact supporting you, it is very hard to get traction in leasing premises locally. Talk to tenants daily and systemize the process so you are working the streets, buildings, and business types. You have to be perceptive and direct in…
Finding the right retail tenants to lease shops within your shopping centre can be quite a special process. It is a matter of finding the right tenant for the location and the tenancy mix. Every shop is different; every shopping centre is unique. Your prospecting model for finding new tenants should be carefully crafted. When…
Many commercial property managers and leasing managers don’t spend enough time on tenant management and communication, only to soon find that they have an upcoming vacancy or a building that is underperforming from a rent and occupancy perspective. There is a strong link between tenant encouragement, communication, property performance, and landlord involvement. At the base…
You need an action plan in shopping center leasing if you are going to resolve a number of issues relating to property performance. Retail is very unique in property planning, marketing, tenant mix, and customer interaction. Leasing covers all of those issues. Over time you can improve the action plan to suit the performance targets…
In a shopping center, you have to watch what is happening in the tenant mix, and from that process, there are particular strategies that can be developed to give the mix of retailers some leverage in sales and occupancy. Ultimately that method of approach can strengthen the asset performance for the landlord. It’s all about…
In any retail property today there will be plenty of issues and pressures impacting occupancy. Landlords typically want to minimise the impact of vacancies and the tenants want to have a successful occupancy where they can improve business results and sales. It stands to reason that there are some specialised tenant mix leasing services that…
I get really annoyed when I see a leasing person marketing, negotiating and closing on a property lease with little regard to broader lease strategies that could improve the greater property performance. Top agents don’t do that! Far too many leasing agents just negotiate a lease deal on a ‘singular’ basis; that is one tenant,…
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