Most commercial property management clients have different points of focus and priorities when it comes to their managed buildings and their investment plans. Every property manager should take time to understand the client, the property, the tenancy mix, and the prevailing market conditions. That is where listening and interpretation becomes so important. There are plenty…
In commercial real estate brokerage there is a good degree of documentation and paperwork in any average transaction, be that in brokerage sales or leasing. The paperwork that you create in brokerage should be reflecting the factors of the transaction and intentions of the parties. That documentation needs to be accurate in every way possible….
When you manage large commercial or retail buildings there are many important issues to consider as part of creating the annual property management budgets. A good budget process will give you a reasonable level of asset control and help you with property decisions through the year. Your clients as landlords need to see what you…
In commercial or retail property management and leasing, the critical date file is one of the most important documents you will have within your property management system. The purpose of the critical date file is to help you and or the landlord to efficiently track and monitor activities within the tenancy mix and the leasing…
When it comes to property performance today, a commercial office building is quite complex and demanding. There are things to control and manage and that is where a professional property manager is required; not some inexperienced landlord self-managing and trying to save money by doing things themselves. The variables of the building design, function and…
The commercial office leasing market will always produce leads and opportunities for any real estate agent or broker. It is a good segment of the market to work within as you start to build knowledge and skills in the industry. Here are some of the things that you can learn and focus on when you…
When pitching for the listing of an office vacancy with a Landlord, it pays to have a really good idea of exactly how you will approach the property and set about finding a tenant. To do that well, you should have a predetermined focus on a few key issues or a shortlist of requirements. Create…
In a retail shopping center the factors of leasing are critical to property performance. Retail tenants can come and go from a property and on that basis can dramatically impact property income. The property manager should have advanced leasing skills to solve the rental an income issues well in advance wherever possible. As a shopping…
In commercial real estate leasing you will come across specialised tenants in different industries. They have special property needs and the selection process for the right property can be time consuming. The lease documentation with these tenants needs to be structured to protect the landlord’s property from the business activities of the tenant. The tenant…
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