Commercial Property Owners Do This 1 Surprising Thing

Commercial property owners have more influence than you think! In this blog post, we’re going to talk about the commercial property industry, trends, and this one surprising thing that commercial property owners do…without them even realizing it!

1 Thing Commercial Property Owners Do pet care and cafe

Commercial Property 101

Commercial property is property used for business purposes. We’re talking about strip malls, office buildings, retail stores, medical facilities, warehouses, and industrial entities. The commercial property owner takes responsibility for providing a safe and functional property for tenants to operate their businesses out of, AND to serve the public. Some commercial property owners also manage the property on their own. Other owners hire the management out. Before we get into the nitty gritty of this ONE thing commercial property owners do, let’s look at the commercial property industry.

Quick peek inside commercial property trends

First off, commercial property isn’t going anywhere. Be excited about that. With increased e-commerce and industrial properties, not to mention trends for “Homegrown” or “Built in the USA,” this is good news for commercial property…really good news!

Not only that, but the health industry is constantly growing. Services like gyms, trainers, nutritionists, dentists, doctors, physical therapists, pharmacies, farmers (so-to-speak), and yoga gyms are being peppered in strip malls and office communities. These are all great happenings for commercial property owners.

Hang on tight! What people want.

The world is busy. People are coming and going, and snapping their fingers. They desire “experience”, being in feel-good places, and having instant gratification. What does this have to do with commercial property owners?

Do you ever experience a vibe when you walk into a building? Do you sense happiness, death, cleanliness, functionality, confidence, and how a building breathes? People want everything to be about them. They want to be pampered, they want to feel important, and they want to feel good in their community.

The ONE thing commercial property owners do…without even knowing it!

What is the #1 draw that brings people back? Think about this. What makes you want to go back somewhere? Let’s go back to walking into a building. Let’s say you walk into a building and it smells nasty, the light bulbs are out, there’s a bucket on the floor catching drips from the ceiling, and the walls are grungy. Does this impression make you want to come back? What do you think it does to the community? Is it an invitation to vandalize because it doesn’t look cared for?

The ONE thing that commercial property owners do is they plant the vibe of a community. We have seen neighborhoods transform because a commercial property owner bought a tired building and turned it back into a functional and active entity. This updated building attracted new retailers, a specialty bakery, and boutique shops. Slowly, the vibe of the neighborhood changed from being known as high crime to posh.

Robert Louis Stevenson quote: Don't judge each day by the harvest you reap but by the seeds you plant.

The trickle-down theory in commercial property

The way a building carries itself in a community isn’t only in its architecture. It’s in the attitude of the tenants no matter what goods or services they provide for the community. One of the factors that affects attitude is whether their needs are taken care of. When the needs are fulfilled (building structure and functionality), then they can focus on building their business. When the tenant is happy and pursuing their dreams of owning and operating a business, the community feels that vibe and responds positively.

Before you go, please know!

All in all, the vibe of the community trickles down to the property owner. With that said, excite Commercial Management offers a free property analysis. We want communities to change for the better! Having dependable management of your commercial property matters greatly. Let’s talk and make things happen. Please know that at excite Commercial Management, we can customize our services to your needs. For a free property analysis, contact us here!

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