The commercial real estate leasing market is quite lucrative providing you understand your local area and the requirements of tenants. As part of that process, you do need to know a lot of tenants throughout the local business community. Ultimately as an agent you would like to achieve dominant market share and referral business. Both…
When you lease or manage a retail property or shopping center, it is essential that you know your retail tenants and their intentions. The relationship that you build with those tenants over time will help you with the process. It is no secret that the retail property market is under some pressure and change due…
When you lease a retail property and particularly a retail shopping mall or shopping centre, it is critical that you understand and optimise the tenant mix for the property. A good tenant mix will help you with tenant sales, repeat customers to the property and much more. It should be said that a successful retail…
In retail and commercial property today, it is the tenant mix that is quite important to the performance of the property itself. Good tenants within the mix need to be retained, and low quality tenants need to be replaced. This is a strategy and part of a tenant retention plan. The suggestion here is that…
If you are involved in the management or the leasing of a commercial or retail property, you will frequently come across the need to assess market rentals and market rent reviews. Here are some tips from our Newsletter…. Market rental structures are quite special and by definition are set by the trends of the market…
In a retail property and Shopping Centre management today, it is very much the case that the tenancy mix and the tenancy profile in your property will be critical to the customer base and customer interest. When you get the tenant mix analysis correct, you will generate more sales and returning customers to the property…
Today, in retail property and shopping centre management, a property’s tenancy mix and profile are critical to its customer base and interest. When you correct the tenant mix analysis, you will generate more sales and return customers to the property over the long term. That is precisely what you want regarding retail property performance today….
The franchise tenant is an opportunity to be tapped in commercial and retail property today. Some franchise-based businesses are quite successful in today’s economic climate. They offer a product or service that is in demand. As a commercial real estate agent, you can and should regularly contact all of the franchise groups regionally and nationally….
Today, in commercial and retail property, franchise-type tenants offer a real advantage to landlords who own investment properties. These franchise groups or tenants provide an established business model and, in many respects, proven tenants who can operate a business successfully. When it comes to investment property performance, this is a very good thing. Great tenants…
In these changing economic times, you need a perfect leasing strategy to keep the rental income for the commercial or retail property solid and stable. What you do not want today is the threat of higher property vacancies and pressures from competing properties. Your property’s gross income should be optimised, and expenditures should be well…
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