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Monday, January 16, 2012

Re-Tenanting

 - Re-Tenanting -

In some cases during the life of a commercial retail property it might need to be re-tenanted in order to increase it's revenue and attract additional quality tenants to the available spaces.  Re-tenanting can be as simple as moving tenants around into the proper spaces in order to fit their use or be more complex as in re-leasing national "big box" vacated spaces such as Circuit City, Linen-N-Things, etc...  

Re-tenanting is basically seeking the highest and best use for both the property's owners and the retailers.  By properly assessing a property's retail uses already filled and spaces that need to be occupied, will help owners and leasing agents identify which tenants will be the best fit for their re-tenanting efforts.  Thanks for reading!

- tj -
www.commercialbloggers.com
www.coremarqllc.com

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