Managing a retail shopping center is a very special process. It requires the right leasing and property management specialists that understand all the key facts of the property type and the local area. Retail property requirements are more complex than those that apply to office and industrial property. If retail is a property type that…
The process of leasing a retail shopping centre is quite special. It is not just a matter of finding a tenant and negotiating a lease. The chosen tenant must match the needs of the tenant mix, the property and the customer demographics. There must be a plan to the process of leasing any vacant premises….
In commercial real estate agency you will soon see the opportunities that evolve with working with tenants and landlords. Leases can bring you good commissions and later position you for a property sale or property management. Either way you can find that property leasing is a good way to open the door for more new…
In commercial real estate, a lease incentive is an enticement for a tenant to proceed further towards a lease transaction and provide a signed lease to the landlord. In most ordinary property markets a lease incentive will be required to get some momentum into lease negotiation. It is interesting to note that some landlords will…
In retail investment property the process of tenant mix analysis can be critical to the performance of the property for the landlord and the tenants. When you get the ‘mix’ just right, it underpins critical property factors such as rent, customer visits, sales, and can create lower vacancies. From this it can be assumed that…
It is a fact that you can earn good commissions from commercial real estate leasing if you focus on the right properties and locations. To succeed as a real estate agent in this process it is a matter of understanding what tenants are looking for and having a good source of listings to match them…
In commercial and retail real estate you must condition landlords to the prevailing market conditions. In many respects they will have an inflated view of the rental opportunities that exist when it comes to finding a new tenant. Given that there are so many vacancies around in many towns and cities, as agents we need…
When you work in commercial and retail real estate agency you will soon see the value of working with franchise tenants from a leasing perspective. These successful franchise groups need good properties that satisfy their occupancy requirements and business plan. Franchise tenants are a proven business type and model. They have an ideal demographic that…
In the leasing of a retail property or tenancy it is really important to have a comprehensive leasing package available to give tenants that may be considering occupancy in any vacant premises that you are marketing. It should be said here that you cannot misrepresent the property in any way so the quality of the…
There are some very real strategies in commercial real estate leasing that can help you improve tenant enquiry, and lease results. In this property market today, many landlords owning properties have a high vacancy factor and need the help of specialist agents to find the right tenants. This then says that it is an ‘agents…
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