To market a commercial office building for lease successfully, the critical factor is to understand and implement the preparation that may be required. That is certainly the case if there are a lot of other buildings and vacant space around your market to compete with. You may only get one shot at attracting a tenant,…
When you get a new tenant entering into a lease in a commercial or retail property you are starting a business relationship for the long term. At the centre of the business relationship you have the lease and that document holds the tenant and the landlord to particular actions and relationships for a number of…
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…
Retail leasing and particularly in shopping centers are specialised parts of our property industry. Those of us that know the processes would probably say that it is a most interesting part of the business. I would agree. Some retail leasing specialists make very large brokerage commissions because they are focusing on some if not all…
The industrial property market is usually the first to feel an upturn or downturn in activity when the economy shifts. That is because industrial manufacturing and small business integrate very closely to the economy of countries and the region within a town or city. If you are selling or leasing industrial property as an agent,…
The commercial real estate leasing market is always full of opportunities that can be a source of income and commission for brokers and agents. Through leasing a commercial or retail property you get to know the landlords of the market and in turn position yourself for helping those clients with future sales and purchase needs. …
In commercial or retail real estate the tenant management process will help strengthen property cash flow and tenant mix. It therefore stands to reason that every well managed property should have a systemised tenant management process. The process itself should feature as part of a property management strategy provided by real estate brokers and agents….
The questions that you ask in commercial real estate leasing will help get you to the focus of the tenant’s requirements in relocating or leasing. It should be remembered that many tenants will work with multiple agents and brokers at the same time. On that basis, you really do need to qualify the tenant fully…
The commercial real estate leasing process is quite special. That is for a number of reasons including special differences in each property, unique locations, and client requirements. A lease can commit the landlord to a tenant for a number of years. The right choices need to be made when it comes to the leasing process….
In commercial real estate brokerage, many tenants will approach you seeking property information and potential property occupancy. Some of those tenants will be more or less genuine than others. Importantly you will need to check their property requirements through a dedicated and direct qualification process. A special note should be made here that some other…
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