Tenant Retention Archives - Grace Hill

Tenant Retention

The Power of Partnership: What Retail Developers Can Learn from Live-Work-Play Projects

By Andrew J. Nelson / December 12, 2024 / 0 Comments

You can help foster a culture of civility and respect in your workplace.

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Creating Lasting Value: How Smart Upgrades Drive Commercial Portfolio Performance

By Grace Hill / November 19, 2024 / Comments Off on Creating Lasting Value: How Smart Upgrades Drive Commercial Portfolio Performance

Tenant satisfaction isn’t just a checkbox — it’s a cornerstone for attracting new tenants and retaining current ones, which in turn strengthens the property’s performance and value. However, knowing where to start can be challenging. Tenant surveys are one of the most effective ways to pinpoint what’s working and where improvements are needed. Tailored surveys… Read More »

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Understanding and Serving the Growing Market for Medical-Related Office Buildings

By Andrew J. Nelson / July 9, 2024 / 0 Comments

A reminder of how important it is to handle reasonable accommodation and modification requests properly.

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Tenant Engagement is Just as Vital in Warehouses

By Andrew J. Nelson / May 6, 2024 / Comments Off on Tenant Engagement is Just as Vital in Warehouses

In today’s challenging real estate markets, property managers must take advantage of every opportunity to retain their tenants. Surveys can be an especially effective tool as part of an engagement strategy. Property managers can reduce tenant turnover and even attract new tenants by using tenant surveys to provide the services and amenities most demanded by… Read More »

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Enhancing the Employee and Tenant Experience Through Surveys

By Andrew J. Nelson / February 12, 2024 / Comments Off on Enhancing the Employee and Tenant Experience Through Surveys

Nearly four years after the brief but severe COVID-19 recession in the spring of 2020, the U.S. jobs market remains exceptionally strong. The balance of power is firmly tilted toward workers — with little sign of a recession that might swing the power pendulum back to employers. With the national unemployment rate hovering near 50-year… Read More »

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Leveraging AI in Commercial and Multifamily Real Estate

By Andrew J. Nelson / December 11, 2023 / Comments Off on Leveraging AI in Commercial and Multifamily Real Estate

A new generation of technology is coming to property management. Building engineers have increasingly implemented smart building technology to improve energy efficiency and sustainability. Now, the application of artificial intelligence (AI) stands to greatly enhance those efforts — and extend the technology to other aspects of property operations. The timing is opportune. As we summarized… Read More »

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Commercial real estate group of business people team meeting talking job interview brainstorming planning.

Increasing Tenant Satisfaction – and ROI – Through Superior Service Delivery

By Andrew J. Nelson / August 29, 2023 / Comments Off on Increasing Tenant Satisfaction – and ROI – Through Superior Service Delivery

The key to keeping buildings leased is to make sure tenants are happy. Buildings with satisfied tenants are more likely to retain existing tenants and to attract new ones through favorable word of mouth. In a whitepaper, Grace Hill reported on the results of an important academic study based on KingsleySurveys data showing that office… Read More »

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Unlocking Success: The Guide to Attracting and Retaining Office Tenants

By Andrew J. Nelson / August 17, 2023 / Comments Off on Unlocking Success: The Guide to Attracting and Retaining Office Tenants

What do tenants want? Figuring that out is a top priority for the owners and managers of office buildings, and it’s getting more urgent by the day as firms shed excess space and vacancies keep rising. The business press is increasingly reporting what industry insiders have already known for some time: a combination of cyclical… Read More »

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CRE Power Plays: How To Actually Maximize Tenant Satisfaction

By Grace Hill / June 23, 2023 / Comments Off on CRE Power Plays: How To Actually Maximize Tenant Satisfaction

Exploring the crucial connection between provider performance and tenant satisfaction.   Commercial real estate (CRE) organizations often struggle to understand the performance of the providers that support their properties and how that performance impacts overall tenant satisfaction levels across the portfolio. In a recent survey, 83% of tenants said their experience with the service providers… Read More »

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Recognizing Excellence in Real Estate Performance

By Andrew J. Nelson / May 17, 2023 / Comments Off on Recognizing Excellence in Real Estate Performance

Everyone likes to be appreciated for a job well done– CRE firms included. When you work hard and outperform your peers, it feels good to be recognized. But beyond the glow of positive feedback, industry recognition can yield a range of benefits for organizations. This is true across most industries, but awards can be especially… Read More »

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Leveraging Tenant and Stakeholder Engagement to Improve Building Sustainability

By Andrew J. Nelson / April 10, 2023 / Comments Off on Leveraging Tenant and Stakeholder Engagement to Improve Building Sustainability

In a recent blog, Grace Hill highlighted the challenges of retaining and attracting tenants in today’s increasingly competitive office market. Tenants now prioritize the health and safety of their workplace and can be more selective of their building because there is so much empty space available. In this environment, owners can gain a crucial market… Read More »

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Retaining and Attracting Tenants in Today’s Tough Office Market

By Andrew J. Nelson / March 20, 2023 / Comments Off on Retaining and Attracting Tenants in Today’s Tough Office Market

COVID-19 has upended U.S. property markets in many ways, but three years after the pandemic began, the commercial office segment is taking the biggest hit. While almost every property type is experiencing its own challenges, the office sector is seeing the greatest long-term threat to tenant demand. Older buildings are the most vulnerable to occupancy… Read More »

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