Managing a small number of commercial tenants can be relatively straightforward. The challenge becomes considerably greater when a property accommodates several businesses with different operating requirements, trading patterns and expectations. A multi-tenant commercial property is more than a collection of individual units. It is a shared environment in which the condition of common areas, maintenance arrangements, tenant relationships and the wider mix of occupiers can all influence how successfully the property performs. For landlords, the objective should therefore extend beyond simply collecting rent. A well-managed property should provide suitable space for its occupiers, remain attractive to prospective tenants and be...
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