Even in a struggling economy, there are things within your control to attract great tenants and keep current tenants happy. If commercial tenants are hard to come by in your area, then competition for the few will be intense. Working now to ensure a property is in the best condition is a wise way to approach attracting the possible tenants who inquire. A well-maintained property will attract the kind of […]
Commercial property investments are great assets to boost the value of your business. They provide consistent and reliable cash flow when managed well. Part of the management of the property is regular facility maintenance in order to keep the asset in good working order and attractive appearance. Facility maintenance is necessary on a regular basis, and can be time consuming. Facility maintenance is the regular maintenance and upkeep of both […]
If you are new to property management, some costly mistakes should be avoided. Most property managers who have been in the business for at least a couple of years have either learned these lessons the hard way or learned early on what to avoid. Because we love this industry, we love to share information and encourage new people venturing into the world of property management. Here are the 5 most […]
Create a Google Business Page Video Marketing Boost Website SEO Attracting (and retaining) great retail tenants for commercial properties can be challenging. As a commercial property manager, you have little control over the location of the property and what surrounds the space. The control you have is how you show the property to a client. People are searching online primarily for potential new spaces. If a property has no presence […]
Pests can be a common occurrence at self-storage units for a variety of reasons. Permitted items for storage present a challenge to the owner/operator to keep pests away simply because tenants do not have to disclose their stored items in detail. Self-storage properties can also be nestled in next to other businesses like grocery stores and fast food chains making them a prime target for rodents, ants, cockroaches, and other […]
“Focus 90% of your time on solutions and 10% of your time on problems.” – Anthony J. D’Angelo For property owners and managers alike, there are currently many growth opportunities. These opportunities present themselves as challenges and problems, but we find it more helpful to see them as opportunities for growth. In seasons of challenge, entrepreneurs develop tenacity, creativity, and tremendous growth. Property owners must search for solutions rather than […]
In today’s weaker economy, many families are looking to downsize to deal with the increased cost of living. As a result, self-storage demand remains steady and continues to be a wise investment. In a clever blog on The Four D’s, the Self Storage Association explains the various life events that lead to the need for self-storage. (SSA) Events including death, divorce, dislocation, and downsizing lead to the need for self-storage. A […]
Facility maintenance is a necessary component of good commercial space management. Facility maintenance is the process of regular service and maintenance on a commercial spaces capital assets and appliances. Facility maintenance keeps a building in good working order so that is clean and effectively used by tenants in a budget-conscious way. Facility maintenance includes interior equipment such as HVAC, plumbing, electrical and elevators. It also includes exterior items like windows, […]
In self-storage, few things matter as much as security. Ask any potential customer what their top concerns are for selecting a self-storage location. The general responses will be location, price and security. When people are storing their personal belongings, they want to know the site is secure and they are not at risk for having their belongings stolen. Many self-storage businesses continue to move toward a self-serve model without an […]
Commercial property owners continue to thrive because of great tenants. Not all spaces are set up exactly to fit a specific tenant’s needs. Tenant improvement projects are common among commercial spaces, as a result. What’s a tenant improvement project? A tenant improvement project is typically a build out of a commercial leased space to suit the needs of the tenant. For example, let’s consider that there is a commercial […]
