Sentences with phrase «to attract new tenants»

In fact, in many cases the new anchor adds value either by attracting new tenants or by increasing the property's cash flow through higher rents.

Robson Street in Vancouver is another High Street that has had success with its infill efforts and has attracted new tenants such as J.Crew, CB2 and Forever 21.

AREP already has a vision for attracting new tenants to the value - add asset.

Retail REITs have maintained high occupancy rates, despite retailer bankruptcies and store closures, by attracting new tenants including those providing services and offering «experiences».

A high rental property vacancy rate could mean you'll have trouble attracting new tenants, so you may want to be more flexible in your negotiation to ensure that you'll keep your current tenants happy.

The goal was to design a spec space that would be likely to attract a new tenant and could be leased immediately, while at the same time integrating and showcasing future - oriented design themes and decisions.

ESD earmarked $ 31 million of the grant to «offset the debt» obligations on the school's $ 365 million NanoFabX building, while the rest has been budgeted for upgrades to attract new tenants.

In order to attract a new tenant — NexGen Power Systems — to the 82,000 - square - foot facility, the state had to spend an additional $ 15 million to retrofit the factory for the Silicon Valley company, which makes power conversion chips using gallium nitride.

That effort included creating a $ 207 million fund included in last year's state budget that has been used to stabilize SUNY Poly's finances, attract new tenants and bolster some of SUNY Poly's projects that suffered in the wake of the scandal.

Attracting new tenants to fill rental vacancies quickly is critical for maintaining a steady revenue stream from your property.

From performing ongoing operational responsibilities to driving marketing strategies to attract new tenants, I excel at assessing resident needs, overseeing fellow employees, and developing effective procedures to enhance tenants» quality of life and rate of retention.

New ownership is embarking on a renovation program that will update the building and be central to Jones Lang LaSalle's efforts to attract new tenants to the building.

The company says office staging is a growing trend among landlords as they look to attract new tenants and fill pockets of vacancy within their portfolio.

These factors are being mirrored by the growth of urban mixed - use developments that attract new tenants and businesses (Chicago's West Loop and Austin's The Domain are good examples; they offer luxury living, retail, work and entertainment, as well as parks and gathering spaces.)

Improvements to the building were designed to appeal to folks who already work here and attract new tenants, Kurzawa says, noting that the building is currently 85 percent occupied, with a broad range of tenants, from financial firms to tech companies.

Owners and developers of suburban offices that fail to embrace the urb - suburban vibe might find it harder to justify new projects or attract new tenants.

By showing that you care about your renters, you'll build long - lasting relationships and attract new tenants to your property.

Moreover, when a tenant's lease expires, the landlord is expected to update a space to attract new tenants, costing nearly $ 30 - $ 50 per square foot in some situations.

The owner then drops the rent in order to attract new tenants but at some stage it's a futile effort.

As a property management firm that manages 171 apartment communities totaling 23,645 units, we've identified several key strategies to implement prior to peak leasing season in order to maximize property value, attract new tenants and drive long - term revenue.

We've identified several key strategies to implement prior to peak leasing season in order to maximize property value, attract new tenants and drive long - term revenue.

Clean Carpet is a must for landlords looking to attract new tenants.