May 24, 2022
This collection of posts will be focused on tenants and what one might expect from them and what they should expect from a property manager or commercial real estate professional. While the word itself might seem purposely vague, our focus with the purposes of this blog helps to narrow it in the commercial real estate space. This still makes for a robust category since commercial real estate tenants come in all sorts of shapes and sizes and their wants can vary considerably depending on their operational needs and the property they occupy.Â
Therefore, the scope of occupancy requires a more detailed understanding of how a property is zoned and the type of tenants who are seeking a lease. Retail tenants, of course, make up a big part of the commercial real estate pie. However, there are also office tenants, industrial tenants, medical tenants as well as educational and hospitality tenants, to name a few.Â
From hotels and malls to local companies, larger corporations, warehouses and even distribution centers, these articles will cover the gamut and provide the information you need when it comes to determining what kind of tenant might best suit your particular commercial property. Â
Tenants are also welcome to the platform. What is expected from a property manager in regard to safety issues and property upkeep? What can be done if a tenant is unable to satisfy the terms of a lease as a result of downsizing? These answers and more will be provided in a way that supports both the rights of the property manager as well as the rights of the incoming or outgoing tenants in this paramount tenant/commercial real estate professional relationship.