Given the changes in the property market, retail shopping centres today have quite a few vacancies to handle. That said, some business types are in real demand when it comes to consumer interest and retail property leasing. All of these vacancies are good because they allow investors and property owners to reposition the shopping centre…
When it comes to leasing commercial or retail, there are a good number of things to work through to optimise the vacancy marketing, inspections, and negotiations. A plan or strategy is best developed to resolve that. Bigger Picture – Retail Leasing Facts In this chart today, we give you the ‘bigger’ items to consider as…
When looking to lease a commercial or retail property, and or resolve a vacancy, don’t jump at the first tenant or lease enquiry that comes your way. Make some careful choices about the tenant, the location, the building, and the relevance that the tenant must have to the landlord’s asset. Take the prospective tenant’s offer…
I was recently talking with an agent who had a vacant industrial property to lease. The client had just called to ask about progress in leasing. The property had been vacant for three months, and only one inspection had occurred. Naturally, the client was upset at not having a tenant in place. It should be…
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