Leasing

The first step in developing a leasing strategy is to thoroughly understand the unique market characteristics of the subject property. This requires:

• In-Depth Local Market Analysis
• Tenant Mix Considerations
• Current and Future Market Trend Identification
• Demographic Analysis
• Identify and Understand Position Relative to Competition
• Area Land Use and Zoning Considerations

Upon collecting the necessary information about the subject property market, we work closely with our clients to develop a marketing strategy. Once a strategy is agreed upon, NewSpace Properties promotes each vacancy using the following tools:

• Customized Promotional Collateral
• Cold Calling Prospects
• Database Marketing
• Local and Regional Advertising
• Lease Negotiations

Our Leasing Philosophy

In recent years a leasing agent or property owner could place a "Space Available" sign in front of a building and simply sit and wait for the phone to ring. In strong economic periods this was a moderately effective approach to leasing. We believe that in these challenging times the "order-taker" approach is mostly ineffective. Now more than ever, leasing requires a creative salesperson that will take a proactive approach.