If you are involved in retail shopping center performance and or leasing you will know the importance of planning the retail center effectively and directly. In every location, town or city there will be things to consider when it comes to the average retail property, keeping it occupied, and building on the tenant mix. If…
In commercial real estate leasing, the moving of a tenant into a property is a detailed process. Whilst the leasing agent may have completed the leasing negotiation, the work continues when the tenant is entering the property. In a multi-tenant occupancy, many tenants in the same property can be inconvenienced by the move of another. …
The outgoings paid for a property that is under lease or property management control will have real impact on tenant enquiry and leasing viability. In simple terms the outgoings for a property should be carefully managed to control property performance. Here are some things that happen when the outgoings costs escalate in a property: The…
When you lease a vacant commercial or retail property to a new tenant, that process will not be the end of the leasing matter. The lease commitment is the start of the process. There are many things to be done to take the tenant forward in occupancy in the property. You need an organised move…
Commercial real estate leasing today is a specialised process. It requires planning and deliberate focus. When you have a vacancy to lease, there are many factors to consider as part of resolving the problem. It is interesting to note that many landlords will try to lease their vacant property or tenancy themselves. That is generally…
In commercial and retail property today, the tenant mix analysis process is a recipe for success in property performance. It allows you to improve occupancy and income. From a landlords perspective that is a good thing. The mix analysis should be done by the property owner and or the property manager each year and the…
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…
In a shopping centre today the tenant mix is really important to the attraction of customers to the property. The larger the property, the greater the challenge when it comes to placing tenants in the right locations and vacancies. In considering a tenant mix strategy, it should be said that many large and or modern…
In commercial and retail property leasing, a tenant retention plan is well worth the time and effort required to establish it. A good retention plan will help you with income stability, tenancy choice, and tenancy placement. Ultimately that’s means better property performance. (NB – you can get plenty of tenant mix tips in Snapshot right…
The leasing and management processes in a Shopping Centre are quite complicated. That is because the property success depends on the tenant mix and the customer requirements. Every tenant that is chosen for the property should be selected on the basis of a clear match to the customer shopping patterns and the prevailing tenant mix…
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