Here is a video explaining the approach to shopping centre analysis. Always start your property analysis from the tenant base and look at occupancy issues as part of that. The decisions on the smaller speciality tenants come after the placement of the anchor tenants and the big tenants. They’ll be perfect for the empty storefronts…
A successful and varied food court in a retail shopping centre can be a real attraction factor for your customers and shoppers. The tenant mix in the food court should be a ‘magnet’ for customers to visit and stay longer in the property. Better tenants and attractive fit outs or signage sustain the interest of…
When you are leasing a shopping centre and solving vacancy problems, the tenant mix should be optimized with the right tenants in the right locations. It is not just about finding one tenant for one location. It is about taking a ‘global perspective’ for the property and the ultimate retail targets that you are trying…
Given the changes in the property market, retail shopping centres today have quite a few vacancies to handle. That said, some business types are in real demand when it comes to consumer interest and retail property leasing. All of these vacancies are good because they allow investors and property owners to reposition the shopping centre…
In commercial real estate brokerage, the diversity and quality of service offered really does matter. The business owners and property investors that we serve have unique needs and a professional brokerage or agent should serve those needs. If that is not done, those clients will require another service provided to help, and that is where…
In any retail property today, the tenant mix will largely impact the property performance and the income base. If you neglect the tenant mix or occupancy issues, the rental and the vacancy factors in a property will quite likely change for the worse. It is a known fact that a retail property is much more…
In commercial and retail property today, the tenant mix analysis process is a recipe for success in property performance. It allows you to improve occupancy and income. From a landlords perspective that is a good thing. The mix analysis should be done by the property owner and or the property manager each year and the…
In a shopping centre today the tenant mix is really important to the attraction of customers to the property. The larger the property, the greater the challenge when it comes to placing tenants in the right locations and vacancies. In considering a tenant mix strategy, it should be said that many large and or modern…
When it comes to how well a retail property does, the mix of tenants will have a big impact on income, customer visits, and tenant sales. There is an established partnership between the landlord, the tenants, and the property manager when it comes to the success of a retail property or shopping centre. To strengthen…
From time to time you will get retail properties and shopping centres that have a rising vacancy problem. When this goes on for too long the vacant tenancy space becomes ‘stale’; the customers to the property get a message of property decline. Soon the customers to the property are shopping elsewhere. So the important lesson…
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