Relationship to us: Newly appointed Managing Agents
What were their challenges:
- Was poorly managed
- 30% vacancy
- Low lessor recovered income
How did we help:
Created a strong leasing strategy based on the demographic of the area. This allowed for the reduction of the vacancy to less than 2% as well as the introduction of new GLA.
What did they learn that we can share:
Having an in-depth knowledge of an area’s demographics is essential for a successful leasing campaign.