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Updated about 7 years ago on . Most recent reply

Account Closed
  • Detroit, MI
0
Votes |
3
Posts

How to Seek Tenant for Shopping Center

Account Closed
  • Detroit, MI
Posted

Hello All,

I just recently started managing a shopping center. All of the units are occupied except one in the middle. I hired a commercial broker in the past to assist me in finding a compatible tenant but it was unsuccessful. Besides posting the unit on websites such as Loopnet & Costar, what other suggestions could you provide me with? The unit is 1500 sq. feet & neighbors 7-Eleven & Metro PCS. 

Thanks!

Farah 

Most Popular Reply

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67
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21
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Minh Le
  • Pearland, TX
21
Votes |
67
Posts
Minh Le
  • Pearland, TX
Replied

Hi Farah,

I am a commercial realtor, myself. Banners, signage, online listings generally gets us lots of hits. On top of that, networking with other agents helps, as you can refer prospects to one another.

Another thing that you can do is cold call. I feel that with the progress of technology today, people will reach out when they are ready to relocate or expand their business. However, older agents swear by it, that cold calling still works.

Good luck!

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