When you work with many different property clients in commercial and or retail property management, the information and the strategies that you share about other properties and situations locally can be of great value to winning the listing or closing on a transaction. Why is that a good idea? Stories give a client comfort when…
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…
When you look into the local property market and particularly at the commercial and retail buildings in your territory, you will see plenty of leasing opportunities and thereby landlords and investors to work with. In helping those special clients and their leasing needs today, there are many opportunities to be seized when it comes to…
When you manage, lease, or own a retail shopping center, the property evaluation process is quite important. Each year as part of the property business plan you can update the property review and see what has changed. (NB – you can get our retail and commercial property training here) You can see where things may…
If you’re looking to grow your commercial property management department, you should do so from a base of deliberate marketing and client contact. Some management prospects or clients will move through sales and leasing activity throughout the year. That activity will be a good catalyst for a potential property management appointment. Ask the right questions…
When you look at the different types of investment property in most towns or cities, retail shopping centres are the most active when it comes to renovation and upkeep. That is simply because those property types must maintain customer interest and tenant occupancy to be successful as an investment vehicle. (N.B. these ideas are also…
In commercial real estate today the activities of leasing and property management can help transform property performance over time. They are specialized services that you can and should build into your brokerage activities. So what can you do here with property performance? You can change the tenancy mix, you can change the tenants, and you…
The vacancies in any commercial or retail investment property will have a radical and direct impact on cash flow in many different ways. It directly follows that a vacancy assessment should be undertaken regularly as part of a property performance strategy and planning process. That can be part of a property management and or leasing…
A successful retail shopping centre will feature a good selection of tenants that are carefully matched to the customer profile and the location. Within the tenancy mix those tenancies as retailers will be placed in clusters to create sales opportunity and vibrancy. The retail vibrancy is something that encourages sales and customer interest. The tenancy…
In retail shopping centre management today the presentation and appearance of the retail property in the eyes of both the tenants and the customers will be a fundamental fact that will influence sales and future rental potential. Ultimately everything of an ‘appearance’ nature is linked. There is no other investment property type quite like it. …
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