strip malls, ect

K

keith

New member
1. When formulating a market plan for commercial plazas and strip malls, what person should you target. The business itself, as there may be many in the plaza, or the property owner?

2. Are most plazas and strip malls upkeep provided by property management companies?

Any suggestions would be greatly appreciated. Try to put a marketing plan together for commercial properties in my area.
 
Keith,


May I suggest talking to the stores within the strip mall? Getting the support of others in a quest for knowledge is sometimes the most powerful tool. The store owners will tell you whether they are willing to spend money directly or help you influence the management group / owner to get said work done.
 
Keith,
The answer is YES.
Strim malls are a strange bird. Hit ti from both angles. The stores have a certain amount of work they do themselves, the rest is usually the property management company, and the property managers ususally have lots of strip malls they are responsible for...

GOOD LUCK!

Beth
 
strip malls

Quite a number of these type centers are condo's and have
a Board of Directors as well as a management co. Try to
identify if it is corp owned or condos. I have been able
to get the condo bd to approve but they have to vote on it
as the fee comes out of their condo general fund that each
owner contributes to and they are not too willing to spend
their money.
 
I’m the King of strip Malls. LOL

Anyway, Keith you ready for the best advice you ever gotten in your life?

To start with you need to understand a thing called CAM charges. (Common area maintenance.)

The occupant of the mall space pays common area maintenance. (Tenants) the owner would only pay for vacant unit square footage if there where any.


Now that you understand that owners are always not concerned because it’s the tenants who pay for all these cleanings. Not the owner unless they have vacant units.

OK, we know we have to find the owners or Management Company. I have companies in my area that sells lists. You can compile inf. look in your directory.


1. Mail a brochure to all the managers you have.
2. Call all the managers you have and ask if they have any properties that they need bid.
3. Try and get a face to face meeting.
4. Do what you say your going to do.
5. Join this organization. www.boma.org
6. be very persistent
7. have insurance certificates ready
8. Mail inf. every three months.
9.
10.


Remember property managers budget for the year. Bids may not be accepted for 8 months. Be patient and keep calling on them you will find someone that wants your services.

I’m tired, I will ad to this later. Good night
 
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