When you look at a shopping centre in any location, there are many things to review and assess. There are plenty of comparisons to be made and opinions to form. That is because there are so many variations of activity that can impact a property over time. The Important Retail Property Factors to Know…
Winning commercial property management appointments is not all about lowering fees for clients that simply want a ‘service for nothing’. If you were to accept too many of those clients into your property portfolio, the integrity and strength of your real estate business would decline. It is better to leave ‘low paying’ property management clients…
Some of the reports produced in Commercial and Retail Property Management today are of low quality; that shouldn’t be the case. It is a common problem with some agents generated by associated issues such as lack of time or professional skills, poor quality information, lack of experience, and other resolvable things. Make no mistake here,…
The end of month reports for Commercial and Retail Property Managers come around all too frequently. Add to that fact the sheer volume of properties and tenants managed, and you have a major recurring workload problem of property control and reporting. Some property managers ‘stress out’ and leave the industry all too soon; it’s a…
Let’s say that you have the chance of pitching and presenting your services on a good quality retail shopping center. Your services could include Property Management, Asset Management, and Leasing. There are many things to consider and talk about. Great opportunities are waiting to be ‘tapped’. Get All Retail Property Facts The client will have…
It should be said that commercial and retail property managers are very busy most of the time, so the indicators of success in managing a property or portfolio are special and unique to the job, thereby allowing for the existing pressures. There are always some difficulties here in trying to set any ‘scoring process’ for…
The quality of a report to a landlord owning a shopping centre is so important; that is in a variety of ways. Why is that? It is the ‘control tool’ for staying ahead of property issues, changes, and opportunities for tenants, customers, and maintenance contractors. A good report structure and strategy will help the leasing…
In commercial and retail property management, there are plenty of things to look for and monitor in the local area. Recent property transactions will give indicators that impact property performance and investment. Trends and patterns locally will help you see the changes in property returns and investment performance that will require adjustments. Strategies then come…
The shopping centre report is the ‘control tool’ for staying ahead of issues and opportunities with the landlord, the tenants, customers, and maintenance contractors. It is a valuable document of record and facilitates the decisions of day to day activity and lease strategy. That is the way I regard the report in all my retail…
Commercial and retail property management are the parts of the property industry that are special in so many ways. Managing a property today should not be taken lightly; the complexities of commercial and retail property are many. Controls and strategies are required. That is where the ‘professional property manager’ is a business advantage. It takes…
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