There are some key factors to watch and assess in shopping centre performance. Some of them are linked. There are also some stakeholders to the shopping centre performance process. A good shopping centre manager knows what to look for and shape over time when it comes to asset performance and the people involved. Rarely can…
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…
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…
When a retail property, particularly a shopping center, has a vacancy, you really do need to be careful when finding a replacement tenant. Ultimately your tenant choice can impact the market rent for the property, the customers visiting on a regular basis, and the other tenants in the tenant mix. The right tenant chosen to…
The retail tenant prospecting process in commercial real estate brokerage is quite unique and special. The retail section of the property market requires understanding and dedicated focus if a reasonable income is to be extracted from sales and leasing activity. So let’s look at some ways to do that and how you can get involved…
Finding the right retail tenants to lease shops within your shopping centre can be quite a special process. It is a matter of finding the right tenant for the location and the tenancy mix. Every shop is different; every shopping centre is unique. Your prospecting model for finding new tenants should be carefully crafted. When…
Every retail shopping center should have a defined and active customer service program to help shoppers and tenants alike. Many things happen in a shopping center each day. The greater the number of tenants in the property, the greater the potential is for customer problems and issues. You want to make it easier for tenants…
In a shopping center, you have to watch what is happening in the tenant mix, and from that process, there are particular strategies that can be developed to give the mix of retailers some leverage in sales and occupancy. Ultimately that method of approach can strengthen the asset performance for the landlord. It’s all about…
When you are designing a retail shopping center for successful trading and performance, many issues are of concern, not the least of which is the tenant mix. Creating that ideal mix of anchor tenants and specialty tenants requires knowledge and planning. Franchise groups should be a key component of the overall mix. So the message…
In commercial property leasing and management, tenant relocation can revitalize the tenant mix and boost the potential growth of market rental. Therefore, the ‘relocation’ process is a real strategy in property performance; specialist agents and brokers should know how to optimize the tenant mix. To provide that tenant optimization professionally they can provide a ‘tenant placement…
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