Optimize your existing retail tenant offerings and then work with the vacancies coming up or existing. Verify that all tenants are offering only what is requested of them and detailed in the lease. Exclusivity should be avoided with your tenants. In a retail shopping mall, allowing a permitted use approach in leasing is a smart move. You should take a good, hard look at what people can actually sell under their lease agreements. ![]() What is a tenant retention plan and do you have one? The plan looks at the existing leasing, retail shop offering, the needs of tenants in leasing more or less space, plus the placement of tenants.Įverything can be improved in a shopping centre, and that is where the leasing plan and tenant retention plan has some significant value. Your strategic tenant retention plan and lease planning process will both benefit greatly from the results of the needs analysis that you conducted earlier.
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