Retail shopping centres are an attractive property investment class for the experienced property owner. I say ‘experienced’ because there are many variables and issues to watch and shape over time in a retail property to help with its performance. What should be monitored? For starters, key strategies are deployed across the tenancy mix, lease documentation,…
Finding tenants to fill vacancies in shopping centres is always an issue. The problem is that there are many shops in a typical shopping centre, and for that reason, there are greater chances of vacancies. Churn happens in shop leasing, so be prepared for it. If you are a shopping centre owner or manager, here…
In commercial real estate, particularly shopping centre management, the revenue streams you administer and monitor are crucial to the long-term performance of your property investment. Every vacancy that can or will exist in the property during the year will jeopardize the property’s value and the success of the remaining tenants. Vacancies do little to improve…
Clustering your retail tenants in a shopping centre can significantly help customer attraction and sales. This reduces the possibility of vacancy and improves rental collections. That is a good formula. Typical retail shopping centres are constantly changing their tenant offerings and positioning. In any large, thriving retail shopping center, tenants will be moved around when…
When you have a shopping center to lease or some retail property vacancies, your working plan or new business blueprint will be critical to progress. Simply put, you should know and engage with many retailers and local business people. Here is a plan to help you with that. What is the target of retail shop…
There are a number of factors to consider in this retail shop leasing process, including optimising the current tenants as well as refining tenant placements and occupancy levels for the future. Finally, and ultimately, the goal of a retail shop leasing review is to increase customer interest, retail sales, and return on investment for the shopping centre. Tenants…
As the retail shopping environment changes and people shop both online and personally, the traditional shopping centre will not go away, but the tenant mix balance and clustering of merchandise groups will change with that. Today, this video will help you with seeing and planning the tenant change issues, and then adjust to what is…
A shopping centre is a large and changing shopping environment. It can be a leasing challenge. Shops need leasing, and the viability of tenants and their businesses will impact rental recoveries for the landlord. So, what is your plan? This video will help you review the tenancy mix and the upcoming shop vacancies so you…
This video is helpful in giving you a specific list of retail shop tenants to fill vacancies in shopping centres. Watch the video and use the checklist to track down missing tenant types for your retail property in your location. This is a special leasing matrix that I have used hundreds of times in workshops…
When you have a shopping centre to lease and manage, the marketing of the property, the tenancy mix, and the attraction of the tenants is something to be worked on consistently. Looking to improve your retail property? That is where a promotional timeline is valuable in the management and leasing of the shopping centre or…
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