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…
In any town or city there will be a number of shopping centers serving the same customer base. The retail properties will be of different size and location. All of those retail properties will have leasing opportunities into the future. Real estate brokers and agents can get involved from a leasing and tenant mix opportunity. …
In a retail shopping center the factors of leasing are critical to property performance. Retail tenants can come and go from a property and on that basis can dramatically impact property income. The property manager should have advanced leasing skills to solve the rental an income issues well in advance wherever possible. As a shopping…
Tenant mix analysis is a critical part of property performance. That is certainly the case in a retail property. The correct tenant decisions will underpin property income, customer sales, and lower the vacancy rate. When you are involved in managing or leasing a shopping center, the tenant mix planning and strategy process will form part…
The retail property industry is quite special and particularly that of shopping centres. Retail experience and strategies are a valuable part of controlling and improving a shopping centre. That is where the right people with retail experience are of real value to shopping centre owners. That is also where leadership in the retail property segment…
When you lose a tenant in an investment property it is an opportunity for change and not necessarily a negative factor. Sure, the landlord loses some rent for a little while, but in that time you as the leasing agent can look at the bigger investment perspective and make some wise choices of finding a…
Positioning a Retail Shopping Center today into a town or city is a very special process. There are many ‘checks and balances’ that need to be considered to ensure that the property is successful for the long term in attracting both customers and tenants. As a specialist retail property agent, it is critical that you…
Finding the right people to work in your commercial real estate team is a challenge at the best of times. The people within the team should have the right skills for the local property market, they should be self-motivated, and also professionally skilled to build their business personally and then to support the growth of…
One of the biggest problems facing commercial real estate brokers is in the capturing and handling inbound property inquiries successfully and on time. The volume and the quality of inquiries coming to you will always help with growth of market share and commissions. It takes quite a lot of marketing effort to build a quality…
It is a fact that tenants in a retail shopping center will talk among themselves and share comments about the property performance (or their perception of it). For this reason you as a Shopping Center Manager really do need to keep your tenants under control in a positive way; communication and information will help you…
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