Some retail shopping centers need refreshing and repackaging from time to time. That strategy and approach help when it comes to sustaining customer interest and attracting ongoing retail sales. The approach to shopping center repackaging can be merged into the retail business plan strategy for the property over time. It is worth remembering that a…
Managing and leasing a retail shopping centre is not a natural process. The right skills and knowledge are required, and particularly so to create the right investment results for clients. There are many things of a retail nature to understand and address over time. (NB – you can get our retail shopping center tips and…
Retail Shopping Center Management and Leasing is potentially a lucrative part of the real estate business. In saying that, the right people with the specialized expertise are required in the management and leasing team to produce the retail results. (NB – you can get our shopping center leasing and management tips here) Those property…
When you have a vacancy to fill in a retail shopping centre, you do need some effective and direct leasing strategies to pull in the right tenant enquiries in a timely way. It is not sufficient to just put an advert on the internet as part of a ‘hope and wait’ process. (NB – you…
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 operations behind a retail shopping center are a bit like that of a large cruise ship or liner with thousands of people on board as they move in and around the zones of the vessel. People want to feel comfortable and safe as they enjoy the ‘journey’. (NB – you can get our Retail…
As part of the day-to-day operations of a shopping centre, the security program and services for the property should be specifically designed to protect the asset, the customers, and the tenants. In saying that, any security program once created should be reviewed regularly to identify any changes to the property, the customer factors, and the…
The concepts of leasing and property management within a shopping centre environment are quite special. The concepts are totally different to the ordinary rules and the strategies that apply to office and industrial property types. If this is your part of the industry from a career perspective, then you should focus on being an expert…
A supermarket in a retail shopping centre is generally an anchor tenant in a particular location, and perhaps one of a few anchor tenants of similar type, all seeking to attract customers to the property. (NB – you can get our free commercial and retail property training here) A supermarket is therefore an important…
With retail shopping centers today, every shop, tenant, and marketing program has to be matched into the customer base and demographic. When you achieve that careful balance, you can grow sales turnover opportunity for each and every tenant. That then strengthens the shopping center performance. (NB – you can get our retail and commercial property…
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