When you lease a retail property and particularly a retail shopping mall or shopping centre, it is critical that you understand and optimise the tenant mix for the property. A good tenant mix will help you with tenant sales, repeat customers to the property and much more. It should be said that a successful retail…
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…
Today, in retail property and shopping centre management, the tenancy mix and profile of a property are critical to its customer base and interest. When you get the tenant mix analysis correct, you will generate more sales and return customers to the property over the long term. That is exactly what you want when it…
Today, in retail property and shopping centre management, a property’s tenancy mix and profile are critical to its customer base and interest. When you correct the tenant mix analysis, you will generate more sales and return customers to the property over the long term. That is precisely what you want regarding retail property performance today….
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…
The franchise tenant is an opportunity to be tapped in commercial and retail property today. Some franchise-based businesses are quite successful in today’s economic climate. They offer a product or service that is in demand. As a commercial real estate agent, you can and should regularly contact all of the franchise groups regionally and nationally….
There are many properties for lease in this market in most locations. 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 finding tenants. The value of a tenant and a quality tenant enquiry in this property market…
Anchor tenants provide real benefits to a retail property. The fact of the matter is that the choice of a retail tenant is likely to make or break the overall performance of retail properties. When you own, lease, or manage a shopping centre or large retail property with an anchor tenant, it is imperative that…
The commercial and retail property market has changed a lot over the last couple of years. The retail property segment has particularly been under pressure from escalations in small business operating costs and reductions in retail sales. The internet has impacted the way many people buy retail goods, and that impacts the way retailers can…
In this commercial property market, there are plenty of leasing opportunities for us agents to work on. When there are many vacancies, you have some good stock to choose from. Pitching and presenting for those listings becomes crucial to our craft and real estate profession. Quality stock should be your focus today because you will…
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