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Updated over 5 years ago,
Retail Strip Center - Requirements to screen tenants
Hi BP Fam,
I'm in Houston, TX working on leasing a 20K sq ft retail strip center. This is my first time screening tenants so I have a few questions.
1. What are the key criteria you use to screen tenants?
2. How have you protected yourself from riskier tenants? Any good practices you have used?
3. How do you manage tenant allowance in a large space? We have a tenant who wants 11K sq ft and has only 1 other location for their business.
Thanks in advance!