With some shopping centers today you can be struggling with vacancy problems and finding the right tenants to solve empty shop issues. In older properties tenants move for a number of reasons and can create a real exodus that impacts overall trade for the shopping center. Common Issues in Shopping Centers Some of the most…
If you are involved with shopping centre management or leasing, it is important that you educate yourself specifically regards retail business activity and the differences between particular retail businesses in both customer profiles and potential levels of trade. In any retail economy, some businesses will thrive better than others and that will be due to…
In any retail property today, the leasing process will be critical to the performance of the property over time. On that basis, every tenant should be carefully selected and placed within the tenancy mix. When a vacancy occurs within the property, it is not simply a matter of finding a single tenant to fill a…
Most commercial property owners today will focus on income generation opportunities and that in many cases means rental growth or at the very lease rental stabilisation. To get a reasonable rental return in a commercial investment property it a fine balance of strategies is required and that is where the experienced commercial real estate brokerage…
When you are involved in retail property leasing and management, the success of the retail tenant mix really depends on setting the right priorities in annual property planning. Each year the tenant placement and leasing strategy for the asset should involve a few key decisions to match the investment targets of the landlord and the…
Planning a tenant mix in any commercial or retail property requires real planning and a reasonable amount of research. In this chart, I have covered some of the most important factors to consider and review in working up a strategy and mix plan for your investment property. Occupancy planning is such a special thing. …
I like working with retail shopping centers in leasing and tenant mix optimization. It is an interesting and vibrant property type. There are so many things that you can do and shape that will have a great impact on the future of a retail property both financially and physically. Some agents focus only on retail…
The success of a shopping center is largely the product of a number of things. The rental set for the property and charged to the tenants is a big part of property success. So where can you start in getting a retail shopping center under control? The existing facts of the property will be a…
The commercial real estate leasing process is quite special. To be successful as an agent in that segment of the industry, you really do need to develop a high level of trust with both tenants and landlords. They need to remember you at the right time as the property expert to solve the leasing challenge. …
When it comes to commercial real estate leasing and property management, some landlords will be quite difficult from time to time; for whatever reason those landlords may refuse to accept the terms of the market or the deal. As the local property agent, you have the choice as to whether you would serve those landlords…
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