In commercial and retail property management, there are plenty of things to look for and monitor in the local area. Recent property transactions will give indicators that impact property performance and investment. Trends and patterns locally will help you see the changes in property returns and investment performance that will require adjustments. Strategies then come…
The daily operations and management of a Shopping Center is a complex process. In this audio program, John Highman talks about the important systems and strategies to control as part of Shopping Center Operations. Learn about the strategies of a team and the roles that they play in the management and running of a retail…
The commercial property management process can be quite special, and certainly so when you are involved with a complex office building or retail shopping center. I have given you a chart here to understand matters. There are many things to think about and cover over a working week and a monthly reporting period. The clients…
When you manage or lease a commercial office tower or building with multiple tenants in occupancy, there are things to look for and watch as part of keeping the tenant(s) under control. You could say that the concept is a very important part of maintaining property performance and cash flow for the landlord. So the…
Leases in commercial real estate form the foundation of the tenant mix and rental cash flow. They are important documents to understand and administer. It is not unusual to have a variety of leases in one property. Therefore, every lease has to be read and checked. Every lease in a client-managed property should be assessed…
Older commercial properties can have many issues and problems of financial performance, tenant management, and daily operation. Those older properties need the special attention and focus by a property manager if the investment is to thrive. So what happens in older properties that can frustrate things? Generally it can be loss of rent and loss…
The managing of a retail shopping center is a challenging process. There are many things to do every day, not the least of which will be retail property performance and maintenance. The higher property use factors that apply to any retail property mean that maintenance will be higher in many respects; wear and tear, together…
When you manage a shopping center it is critical that a process of inspection occurs within the property on a regular and perhaps even a daily basis (depending on property size and operations). In doing that you should be looking for issues of potential property damage, danger, failure, or personal injury. The property should be…
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