In retail and commercial property today, it is the tenant mix that is quite important to the performance of the property itself. Good tenants within the mix need to be retained, and low quality tenants need to be replaced. This is a strategy and part of a tenant retention plan. The suggestion here is that…
In a retail property and Shopping Centre management today, it is very much the case that the tenancy mix and the tenancy profile in your property will be critical to the customer base and customer interest. When you get the tenant mix analysis correct, you will generate more sales and returning customers to the property…
In commercial real estate agencies, there are all types of leasing challenges. Some are easy to handle, whilst others are more difficult. That being said, the leasing side of our business is lucrative and active if you choose to work in it in any major town or city. What can you do here with ‘strategic…
In commercial and retail property today, the franchise tenant is an opportunity to be tapped. Some franchise based businesses are quite successful in today’s economic climate. They have a product or service that is in demand. As a commercial real estate agent, you can and should keep in regular contact with all of the franchise…
There are lots of properties for lease in this market. Contrary to popular opinion, that’s a good thing. It gives commercial real estate agents many properties to work with and list. The only problem that arises is in finding the tenants. The value of a tenant and a quality tenant enquiry in this property market…
The commercial and retail property market has changed a lot over the last couple of years. The retail property segment has particularly come under some pressure from escalations in small business operating costs, and reduction in retail sales. The internet has impacted the way many people buy retail goods and that flows through to the…
In this commercial property market there are plenty of leasing opportunities around for us as agents to work on. When there are lots of vacancies, you have some good stock to choose from. Pitching and presenting for those listings then becomes a really important part of our craft and real estate profession. Quality stock should…
A market rent is not just any old rent, it is one that has been established in today’s property market and it reflects an agreement between the parties that indicates true market conditions. Rents can be compared by property type and location. Special and unique properties will raise challenges because you will have little to…
In these difficult economic times you need a perfect leasing strategy to keep the rental income for the commercial or retail property strong and stable. What you do not want today is the threat of higher property vacancies and pressures from competing properties. The gross income for your property should be optimised and the expenditure…
In commercial real estate, the renegotiation of a lease provides efficiencies in income stability and market rental. This is where an experienced commercial real estate agent can offer specialist experience and market knowledge to the clients that they serve. Lease renegotiation is therefore a special service that can be provided by agents in an ongoing…
We like Commercial Real Estate and hope you do too! Join us here for free resources and updates for agents & brokers worldwide.
We will never share your information.
