A shopping mall is a vibrant and demanding type of property to manage as many of us know (for the right reasons, I hope). Property performance is established, monitored, and changed through all-encompassing multiple levels of property control and planning. That is where the retail center manager and the leasing strategist for the property are…
When you are designing a retail shopping center for successful trading and performance, many issues are of concern, not the least of which is the tenant mix. Creating that ideal mix of anchor tenants and specialty tenants requires knowledge and planning. Franchise groups should be a key component of the overall mix. So the message…
It is a fact that property trusts well serve the smaller investor market within retail, industrial, and office property. It directly follows that property trusts should be given special focus by agents and brokers from a sale and or leasing perspective. It takes a little while to develop the confidence and skill to connect with…
In commercial real estate brokerage, you can work with property investors successfully and directly. They can give you plenty of work over time. That being said, those investors are looking for opportunities for investment and that’s where we can help. Those opportunities will come through improvement in capital value, property cash flow, tenant selection,…
Retail shop leasing is a common segment of our industry where you can make good commissions. In saying that, there are rules to the process and it is important to stay focused on good quality properties and premises. It is a fact that trying to lease smaller shops in stand-alone locations can waste a lot of your…
In a shopping center leasing program you are likely to be working with many smaller tenants, some of whom are likely to be a simple ‘family business’. In saying that you should have some ‘checks and balances’ to fall back on to ensure that you totally understand the value and commitment the smaller tenants can…
In office and industrial property I have seen so many ‘leasing experts’ make big mistakes. They do so because they do not understand enough of the leasing process and rental structures. It is so easy to make big errors or allow omissions to occur in the leasing process that impact the property cash flow and…
In large commercial or retail buildings under property management and facility management there are systems of monitoring and control that are worth understanding. That is certainly the case if you are involved in leasing such an asset. When you consider the way an investment building functions, it is a bit like a ‘big ship’. It…
Many modern properties today under property management control are what we call ‘intelligent buildings’. The inference is that they have a degree of ‘intelligent function’ that is automated by a Building Automation System (BAS). You will see this level of building function and control in both office and retail buildings. Certainly those buildings with multiple…
The leasing of commercial and retail properties can be boosted significantly by following some simple rules. The property market will always have properties to lease; it is simply a matter of matching tenants to properties. There are some effective strategies to do that. So let’s look at defining the leasing status of the property market…
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