A retail shopping centre is a unique investment property type that demands respect and specialisation from a sales and leasing perspective. The key people involved in retail properties are centre managers, leasing managers, landlords, and investors. They should work together on a plan when focusing on a retail property and its future. To ensure its…
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…
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…
The commercial real estate leasing market never disappears, and it is an excellent complement to work with if you are a real estate sales agent. Landlords or tenants are good clients for an agent to have locally as they lead to sales activities later. Leasing commercial property is a specialist and active segment of the…
Commercial and retail property landlords generally want just two things. When you satisfy those two things, you typically have a client for life. So, what do landlords want from agents? In the first instance, they are looking for tenants to fill vacancies. So, it directly follows that if you as an agent know plenty of…
When you are leasing a shopping centre and solving vacancy problems, the tenant mix should be optimized with the right tenants in the right locations. It is not just about finding one tenant for one location. It is about taking a ‘global perspective’ for the property and the ultimate retail targets that you are trying…
Everyone should have a plan when it comes to finding tenants today. Vacancies will come and go from the market as the economy changes. Given that there is plenty of change going on for businesses of all types at the moment, strive to achieve constant engagement with tenants and landlords to help with vacancy situations…
When you manage and or lease a shopping centre, the vacancies in shop leasing can be a real drag on shopping centre performance and retail sales, particularly so over time. It takes time to boost shopping centre performance, and similarly so to remove leasing and tenant mix problems. Any current or upcoming shop vacancy in…
There are many ways to make a leasing service part of your career in commercial and retail real estate today. In this audio program, learn some of those ways to create the leasing model in your real estate career. Grow your connections with Landlords and Tenants and provide some deep and direct solutions for finding…
There are plenty of pressures and changes in the commercial property industry throughout the year. When you know that, you can adjust and also prepare for changes. Tenants come and go from a leasing situation, and landlords need to resolve vacancy pressures. So in that ‘change and churn’ there are many leasing opportunities for agents…
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