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…
There is plenty of competition in commercial and retail property management in most locations. It is a preferred part of the property industry for many brokerages. The cash flow from the property management fees provides stability to brokerage activities and business building. So what can you do there? How can you win the property management…
When you understand your retail shopping center and its customers, you can do more with your tenant mix, tenant placement, and retail offerings. This then deepens your leasing strategy to potentially underpin the market rentals for the property and lower the vacancy risk. All of that can lead to a successful property and its performance….
Having worked on the leasing of many large commercial property investments over the years, I look at a tenant mix and the corresponding lease documents quite deeply as part of a tenant retention strategy and lease renegotiation opportunity. If you really work through a building, the tenants, and the leases, there are many things that…
Finding new clients to serve in commercial real estate brokerage is one thing. Helping them in a relevant and productive way is another. Our business and industry are very much centred on ‘personal relationships’ and the needs of investors and business leaders as they strive to get better results in their property use. It directly…
In commercial real estate leasing and property management, don’t let your tenants get out of control. The greater the number of properties that you manage, the harder this requirement will be to satisfy. The same problem occurs when it comes to the larger retail properties and shopping centres. It is a fact that the larger…
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