Providing Landlord Representative Solutions for owners of commercial property including:
Retail Centers (big box, out lots, strip malls, freestanding, restaurants and bars, etc…)
Office and Professional Service Buildings
Industrial and Manufacturing Property
Healthcare and Medical Facilities
Mixed Use / Multi Use Buildings
Agricultural and Recreational Land
Other types of commercial lease applications
The thought of trying to fill a commercial vacancy can be daunting. The scale of the project, the limited number of specific end users in the market, the even more limited number of qualified end users in the market… these worries can keep you up at night. You have other things to focus on. How can you determine what the market rent is, market it out to those who would be interested, and get revenue generating again? How do you determine if a tenant is credit worthy? Should you structure the lease as Gross or NNN? Should you make those improvements or not? How have the laws and building codes changed since your last vacancy? How do you know what incentives like rent abatement, tenant improvements, loans with or without collateral, etc. are best, and how do you structure the best deal without leaving money on the table? How can you possibly have time to take on this project while your day to day is already jam packed? These are tough questions, and the answer is you’d have the best results working on this project with a professional.
Having a professional Landlord Representative on your team has a multitude of benefits. No matter what asset class your vacancy falls under, Frank Peterson and his network have the tools, systems, and experience to help you fill that vacancy, have revenue coming in again, and get back to business as usual. These tools are very effective and carry a heavy price tag. Frank helps offset the cost to any individual client by scaling over many marketed assets at any given time. Some tools such as CoStar provide international exposure so products can be discovered by investors and end users overseas. Some other tools including targeted social media ads are hand tailored to be seen by a very select audience of qualified buyers in a regional area who are most likely to invest. This strategic combination of marketing efforts ensures the product gets maximum exposure both local and worldwide.
Leveraging technology is only half the battle. Leveraging relationships and building new ones play just as large a role as any fancy software. Frank isn’t afraid to roll up his sleeves and network, knock on doors, make hundreds of calls, send mail, ask the tough questions, and follow up the old-fashioned way. Leveraging Frank’s relationships with other brokers and professionals, chambers of commerce, trade associations, municipalities, counties, high net worth individuals, people of influence, and access to the thousands of contacts within Frank’s network gives any landlord a large leg up on filling their vacancy.
Want to see if we’re a good fit? Inquire to schedule a personal visit and Frank will review your commercial space, share current market trends, recent comparable executed leases, provide a recommendation for pricing, and make a plan of action to optimize your space’s exposure with the Advantage marketing plan to get your vacancy FILLED!! and help your asset generate revenue again.