Commercial Real Estate Tenants Must be Controlled for Top Property Performance

In commercial property management don’t let your tenants get out of control.  Stay close to your tenants and ahead of their intentions.  The tenants in your managed properties are the lifeblood of the income and the property performance. So many times I see property managers get very busy with ever more properties and more tenants;…

Anchor Tenants Leasing Strategies in Retail Shopping Centers
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Anchor Tenants Leasing Strategies in Retail Shopping Centers

Anchor tenants provide real benefits to a retail property.  The fact of the matter is that the choice of a retail tenant is likely to make or break the overall performance of retail properties. When you own, lease, or manage a shopping centre or large retail property with an anchor tenant, it is imperative that…

Highly Organised Retail Shopping Centre Marketing Builds the Tenant Mix
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Highly Organised Retail Shopping Centre Marketing Builds the Tenant Mix

The marketing of a retail shopping centre is critical to helping the overall property performance, and encourage the tenant mix to thrive in sales and customers.  Even in these tougher retail times, a small strip shopping centre should have a marketing plan, albeit simple and basic.  The larger the retail property the more complex the…

Retail Shopping Centre Managers and Property Agents – What Makes a Tenant Retention Plan So Important?
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Retail Shopping Centre Managers and Property Agents – What Makes a Tenant Retention Plan So Important?

Tenant retention plans are essential to the performance of a Retail Property today.  They help stabilise the existing tenancy mix and help you optimise the market rental across the entire site. Note: If you want some more leasing ideas in commercial or retail real estate, you can get them here in our free course. A tenant…

How to Market Retail Property and Shopping Centres Today – Tips for Commercial Real Estate Agents
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How to Market Retail Property and Shopping Centres Today – Tips for Commercial Real Estate Agents

When marketing a retail property or shopping centre today, there are some critical factors to be considered prior to the commencement of the marketing program. Every marketing campaign needs to be optimised for the right type of inquiry and the target market. There are enough frustrations today with property finance and finance availability to frustrate many…

Skills and Systems Required to Manage Commercial Real Estate
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Skills and Systems Required to Manage Commercial Real Estate

The tasks you undertake vary when you work as a commercial or retail property manager. It could be said that commercial and retail property managers are the busiest in the property industry (ok, so I am probably biased). On that basis, they have to be intelligent, diligent and driven. The top property managers are like that. Property…

Commercial Property Managers – Tips for Managing Commercial Property Today
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Commercial Property Managers – Tips for Managing Commercial Property Today

When you manage commercial or retail real estate, you really do need to know what’s going on with the property every day of the week. Regular inspections and meetings with tenants will be part of that. In larger properties under management, many things can happen daily, challenging your organization and business skills.  The diversity of the…

Franchise Tenants for Your Shopping Centre – Tips for Shopping Centre Managers
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Franchise Tenants for Your Shopping Centre – Tips for Shopping Centre Managers

Many landlords view a franchise as either a chain store tenant or an independent operator – a perception that can cause problems in franchise lease negotiations.  To understand the key issues, start by examining the concept of franchising. Why are Franchises Successful? What is it about this business strategy that has made it so successful?…

Commercial Property Management Business Plan – Tips for Property Managers Today
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Commercial Property Management Business Plan – Tips for Property Managers Today

Every commercial property should be managed and optimised to a plan. This is in fact, a business plan or version of it and it is to be prepared by property managers.  It should be prepared once a year and just before the commencement of the financial period to which the building performs.  It should be monitored…

Commercial Property Manager Skills for Todays Property Requirements
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Commercial Property Manager Skills for Todays Property Requirements

People that choose to become commercial property managers should respect the need for specialised knowledge and control in the job. There are plenty of commercial property management things to learn over time and with all property types. What are the things to think about here? It is a focused career of real estate opportunity and it…