Beth’s Blog

As a well-heeled retail leasing expert, I cannot stress enough the significance of giving extra consideration to the demographic makeup of the neighborhood when filling vacancies in your retail property. It's not just a minor detail; it's the cornerstone of your leasing strategy. In my many years of experience, I've learned that no matter how attractive your property may be or how well you execute other aspects of leasing, if you…

In retail leasing, making the right decisions starts with a thorough physical audit of your property. Let's break it down into simple steps: Measure Dimensions: Estimate space by counting ceiling tiles and determining depth. Check Condition: Assess if the space is in good, fair, or poor condition to plan for renovations. Ceiling Heights: Measure ceiling height for tenant suitability. Former Use: Understand why the previous tenant left to guide your…

  In my retail real estate career, I've discovered a crucial strategy: deeply understanding your property by personally connecting with tenants. This isn't just about knowing the physical space but engaging with those who bring it to life. My approach involves visiting each tenant, trying their products, and engaging in meaningful conversations. I recommend varying your visits across different days and times to gauge traffic patterns and operational dynamics. These…

Dedicating one hour each week to studying your company's leases might seem like a small commitment, but it will profoundly impact your understanding and success. Leases, typically spanning 30-40 pages, are more than just contracts; they are the backbone of our industry. Each clause, term, and condition shapes how we navigate our landlord-tenant relationships and manage our properties. I quickly realized the importance of understanding every detail, from the nuances of…