A vacant commercial property is a significant frustration for an investor. They are loosing out on rents and outgoings recovery. Over time that can all add up to a large amount of money and financial discomfort. Look at vacancies for the opportunities that they are for you in leasing brokerage.
(N.B. these ideas are also sent out to regularly to our friends in Commercial Real Estate Online Snapshot to help amplify brokerage results…. Get your access here)
Survey the local property market so you can find the listings and properties that need a vacancy solution. Approach the investor owners directly. Work with tenant mix challenges and vacancy problems.
In this audio program, John Highman talks about the advantages of working with vacant properties and providing specialized leasing services.