A tenant retention program in commercial and retail property management is a valuable leasing and asset management service. From such a program, you can drive more leasing fees, and keep a client relatively happy with their investment opportunities and property performance over time. The retention strategy ensures that all preferred tenants in occupancy are encouraged…
A leased commercial property or tenancy is the start of something new and is a fresh opportunity for a client. Through one single lease transaction, you can over time open up the many other possibilities that await. You can also build a stable and reliable relationship with the client into the future. It does…
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…
In any retail property today there will be plenty of issues and pressures impacting occupancy. Landlords typically want to minimise the impact of vacancies and the tenants want to have a successful occupancy where they can improve business results and sales. It stands to reason that there are some specialised tenant mix leasing services that…
Most commercial office towers today are quite complex when it comes to tenancy mix and property performance. They require specific performance plans to be implemented across income, occupancy, expenditure, and maintenance. That is where the commercial property manager can add considerable value and control to the overall property strategy and ongoing asset plan. The right…
In most commercial, retail, or industrial properties today it is wise to formulate a tenant retention plan and put it in place. If you have lots of tenants in a building then the matter is even more important. So what does a plan like this look like? Here are some ideas that I have used…
In commercial real estate property management there are factors to track and measure in any property. When that property is larger and consists of many tenants over the floors of a high rise building, there are systems and strategies to think about. In this video we provide the main categories of focus needed to monitor…
Over time any investment property will suffer decline unless strategies are implemented to underpin property performance both financially and physically. That’s where the experienced and professional commercial real estate agent can provide practiced skills and knowledge to the equation. Local Connections Most investors may understand the pressures of the property market, but they will not…
Older commercial properties can have many issues and problems of financial performance, tenant management, and daily operation. Those older properties need the special attention and focus by a property manager if the investment is to thrive. So what happens in older properties that can frustrate things? Generally it can be loss of rent and loss…
It is important that you make a real difference in commercial or retail property management for your clients if you are seeking more new business and growth of professional services. Many agents manage commercial and retail property very ‘generically’ and in doing so add very little value to the process. Whilst it is always good…
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