Commercial Agents – Rental and Leasing Strategies for Commercial or Retail Property Today

When it comes to renting and leasing commercial property today, the ultimate target should be to establish a stable and professionally prepared lease that encourages cash flow on the property over future years. Every landlord will have a different focus points and ideas relating to their investment. It is important that the lease matches the intentions of the landlord. The commercial agent needs to understand what the landlord wants to do and how the plan should work.

So when you find a tenant today, it is critical to know the lease terms and conditions that will be presented to the tenant. Hopefully you will have advised the landlord at an earlier stage so that the critical decisions here are well understood and have been set.

The different types of rental strategies to consider in commercial property include the following:

  1. The outgoings for the property should be identified and quantified. It is possible that the landlord will want to recover some of those outgoings from the tenants within the premises. This matter becomes more complex when it comes to multiple tenant occupancy in large premises such as shopping centres.
  2. The property type will have set trends and averages in the local area when it comes to lease procedures and rental levels. Ensure that you understand the factors here so that any advice that you give to the property owner will be accurate and correct as it relates to the property market at the moment. Market rentals change frequently, so speak to a number of other property agents and property valuers who can advise you of the recent benchmarks and new property deals locally.
  3. There is a significant difference between gross and net rental. The main difference is the recovery of outgoings and how it will occur. When it comes to a gross rental, the tenant is only paying one amount of money so the landlord has to gross up the rental to include the outgoings component that they would have normally recovered in a net rent situation. When it comes to net rental, the landlord will set a base rental above which the tenant will contribute towards particular outgoings relating to the tenancy and or the property. Clearly some decisions need to be made here before a tenant is located.
  4. When a lease is under negotiation, the factors of lease option come into discussion in cases where the tenant wants to remain in occupancy for an extended period of time after the first lease term. Options are useful property investment strategies although they do have limitations and frustrations from a landlord point of view. One option may be acceptable to the landlord after the initial term, but numerous options of three or four years for multiple renewals are to be discouraged. Multiple options remove the control of the property from the landlord and this can be a negative factor at the time of renovation or relocation. Options of this type also impact the property at time of sale.
  5. The rent reviews to be set for the growth of rental over the lease term should be discussed with the landlord prior to the location of the tenant. It is preferable for the landlord to set their own rules regards rent review processes rather than let the tenant dictate lower levels of rental escalation.

The rental strategies in commercial property are complex and critical to the future of the property. Take time to carefully consider the rental strategies with your client the landlord, prior to undertaking any special marketing campaign relating to leasing and tenant location.

10 iPhone Apps For Fashionistas

#1 Lookz – $59.00

This app includes video tutorials, and up-to-date cosmetic advice from some of the web’s most famous make-up experts. Learn tricks of the trade, gossip and news on the latest trends. Lookz helps you obtain new skills and techniques anywhere.

#2 Chanel – Free

Get news, photos, videos, and product information from one of the biggest leaders in fashion. With this app, you can watch fashion shows and see the latest offerings from Coco Chanel.

#3 Fashion Sense – $.99

Fashion Sense is a simple application that will teach you how to dress for the shape of your body using the same time tested rules celebrity stylists. You will be provided expert advice on the nine classic wardrobe pieces every woman should own.

#4 Style.com – Free

Style.com has tailored its web site content, including fashion show photos, Style File blogs, reviews, couture shows and video feeds, to take full advantage of the features of iPhone and iPod Touch. With this app, you have the latest news for style trends at your fingertips.

#5 Pocket Closet – $.99

The Pocket Closet was designed for the obsessive compulsive fashionista. How would you like to document and catalog your clothing, shoes and accessories by going through your closet and taking pictures of your clothes with your phone, then add them into categories to your fashion database? You’ll never wear the same outfit twice!

#6 Seventeen’s Fashion Finder – Free

Seventeen’s iPhone app lets teen girls shop for a range of items and styles on their phones and even locate and reserve apparel at their local stores. The Fashion Finder app uses a database to query nearby stores about the actual availability of an item in specific sizes and colors.

#7 Mardo Fashion Quiz – $1.99

Think you are the Ultimate Fashionista? Test your style knowledge with Lady Mardo’s Ultimate Fashion Trivia on your iPhone or iPod. With Questions from over 10 genres of the fashion industry, this iPhone trivia game is fun for anyone who has an interest in Fashion.

#8 Net-a-Porter – Free

If price is no concern in your fashion budget, get the Net-a-Porter.com app. The high-end online fashion retailer, allows shoppers to buy couture dresses, shoes, and other luxury goods from their cell phones. There is simply no reason to be bound to your computer in order to buy $1,000 shoes or $8,000 gowns.

#9 Fashion Idea Generator – $.99

Fashion designers, are you looking for a muse? The next time you’re experiencing “designer block”, bring this app up and shake: it’ll randomly provide you with three fashion keywords, like color, fabric, and technique. “Hot Pink” + “Bias Cut” + “Trench Coat”? Perfect.

#10 Cool Guy – Free

Finally, there is something for the metro sexual men. The Cool Guy app will help fashion-conscious guys categorize their closet, create new outfits, remember to shop for new stuff, and pack for trips. This app also lets men share their outfits with friends (or girlfriends) in order to get “fashion consultant” feedback.  

The Top 4 Fashion iPad and iPhone Apps

Trends and advice has been an occurring theme in fashion and style for a long time. For 2011, the top apps for fashion and style bring a lot of appearance and a collective expression of individual style.

Style.com App

For over 10 years, this New York based website, Style.com has been providing advice, news, and updates over the internet from thousands of photos, trends, and interactive media. Style.com’s mobile app is no different, it provides the best fashion coverage from all over the World. Style.com App comes in both
Gilt on the Go

Gilt on the Go provides fashion news away from a computer. The name says it all, it provides style advice, shopping advice and suggestions, and more on the go from the Gilt Group. Their newest version of the app includes product sharing to Facebook, Twitter, and Email, full shopping capabilities from order history and tracking and product availability and sizing charts. Available for both iPhone, iTouch, and iPad on iTunes.

ShopStyle

The ShopStyle App by Sugar Inc is truly unique. It combines multiple stores into one app bringing together a seamless integration of all the brands you love. This is fashion at your fingertips. To name a few stores, they have Nordstrom’s, Ann Taylor, Brooks Brothers, Sephora, Giorgio Armani and more. The search is very intuitive, you can view the latest products based off categories (Men, Women, Kids & Baby), Keybased Searches, Brand type, Sizes, Color, and Price.

Interview Magazine

Interview Magazine’s App is quite the trend setter. The unique imagery and use of colors alone make the app stand out, but this app gives indepth information on fashion, film, music, art, and culture combining the worlds greatest media influences packed with interviews, images, audio, and video content.

All of these iPad and iPhone Apps are free and provide the best way to keep updated in fashion and find the products you need.