Beth Azor

Ever considered transforming your vacant spaces into something temporary yet impactful?

In this episode, I dive into how I’m tackling vacancies at one of my shopping centers by using seasonal pop-ups. Vacancies don’t have to be a loss—they can be an opportunity to bring in niche, merchandise-focused businesses. Pop-ups have proven to be a winning strategy for me in the past, with tenants like Caneswear starting as a seasonal pop-up and growing into a long-term success.

Here’s what I cover:
- The benefits of “pure play retail” for filling vacant spaces
- How seasonal pop-ups can drive traffic and boost revenue
- Creative solutions to parking and leasing challenges
- Tips on approaching potential pop-up tenants and structuring agreements

If you’ve got vacant spaces, why not turn them into an opportunity? Give this idea a try and see the results!Don't miss out on future episodes filled with more expert insights and practical advice.

Subscribe to my channel now and be ready on owning a shopping center.

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How well do you connect with the community where your shopping center is located?

In episode 21 of "I Own A Shopping Center. Now What?" I break down why being engaged in the local community is essential for property owners. Whether you own one or a few centers, building relationships with the Chamber of Commerce and economic development directors can significantly boost your leasing success and help you navigate permit issues.

Even if you can't be there in person, having the right local support can make all the difference. Consistent involvement will deliver results you didn’t expect!

Key Topics:

- Importance of Local Engagement

- Leveraging the Chamber of Commerce

- Building Specific Relationships for Leasing

- Navigating Permits with Local Connections

- Community Sponsorship Tips

Don't miss out on future episodes filled with more expert insights and practical advice. Subscribe to my channel now and be ready on owning a shopping center.

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Wondering if it’s acceptable to ask a prospective tenant for financials? Absolutely!When dealing with franchisees — especially those just starting out — landlords must go beyond face value and dig into the financials. In this episode, I share what every landlord should examine, from conducting thorough credit checks (including spouses!) to ensuring a strong application is in place. Asking the right questions and requiring verification can make all the difference. With nearly 40 years in this business, I’ve seen how these steps can save landlords from future troubles.Key points covered:

For landlords, asking the right questions is key to avoiding financial pitfalls.Don't miss out on future episodes filled with more expert insights and practical advice. Subscribe to my channel now and be ready on owning a shopping center.#CommercialRealEstateInvesting #BethAzor #RealEstatePodcast

Overcoming obstacles in leasing is all about strategy. In this episode, I share my approach to dealing with those challenging spaces in your shopping center—like the infamous elbow spaces with limited visibility and parking. Instead of forcing big retailers into these spots, I target businesses already thriving in similar conditions. Think daycares, orthopedic shoe companies, or tenants from industrial parks. By focusing on the right prospects, you can turn a difficult space into a profitable one.Key Highlights:

Let’s tackle those leasing challenges together!Don't miss out on future episodes filled with more expert insights and practical advice. Subscribe to my channel now and be ready on owning a shopping center.#CommercialRealEstateInvesting #BethAzor #RealEstatePodcast

Is bigger always better when choosing tenants?

In this episode of "I Own A Shopping Center. Now What?" I talk about the tough decision of choosing between franchisees and local tenants.

While the allure of a well-known franchise name is tempting, it might not always be the best choice. I share my experiences and insights on why local tenants could be the stronger option, even when a franchise comes with brand recognition and marketing power.

Tune in to hear key points on evaluating financials, tenant improvement (TI) strategies, and a real-life case study where a local tenant outlasted a corporate giant. If you're navigating a similar decision, this episode might offer the perspective you need.

Don't miss out on future episodes filled with more expert insights and practical advice. Subscribe to my channel now and be ready on owning a shopping center.

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How do you find the right third-party leasing agent for your property?

In Episode 17 of "I Own A Shopping Center. Now What?", I discuss the key steps to interviewing brokers and setting them up for success.

I break down how to evaluate firms, the questions you need to ask, and why short-term contracts with regular communication are essential. Learn how to hold your brokers accountable and ensure they deliver results.

Whether you're new to retail leasing or just looking for better strategies, this episode is packed with practical insights you can use right away!

Don't miss out on future episodes filled with more expert insights and practical advice. Subscribe to my channel now and be ready on owning a shopping center.

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What are the small but essential details that help your shopping center operate seamlessly?

In episode 16, I cover some practical strategies I’ve learned over the years. Whether it’s numbering light poles for easier repairs or rethinking the need for sweeping smaller lots, I’m sharing the tips that have worked for me.

I also discuss the importance of bright, eye-catching flowers at the entranceways to draw attention, and why building strong vendor relationships is key to success.

Plus, when it comes to passing through management fees, if it’s in the lease, don’t hesitate to include it.

Ensuring your property is well-maintained and managed efficiently isn’t just about keeping tenants happy—it’s about keeping everything running smoothly.

Next time, I’ll be diving into how hosting events at your shopping centers can create stronger connections with your tenants and community. Stay tuned for more actionable insights!

Don't miss out on future episodes filled with more expert insights and practical advice. Subscribe to my channel now and be ready on owning a shopping center.

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In this episode of "I Own A Shopping Center. Now What?", we explore the significant role of signage. From finding the perfect balance between visibility and aesthetics to practical tips on maximizing tenant satisfaction, this episode has it all.

Key Highlights:

- Pylon Signs: How Many is Too Many?

- Reverse Lettering for Clarity

- Enhancing Property Value by Avoiding Raceways

- Strategic Signage Negotiations

- Navigating City Regulations

Tune in and subscribe for more insights, and feel free to reach out with topics you'd like me to explore in future episodes.

Don't miss out on future episodes filled with more expert insights and practical advice. Subscribe to my channel now and be ready on owning a shopping center.

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What do you do when your shopping center has restrictive covenants or tenants with exclusive rights? In this episode, I tackle how to overcome these hurdles, from negotiating with tenants to creatively finding ways to work around restrictions.

I also discuss the importance of understanding the unique dynamics of elbow spaces, how to approach vacant properties, and why a blanket rental rate may not be the best strategy for your shopping center.

Whether you’re dealing with tenant exclusives, managing vacancies, or simply looking to optimize your property’s potential, this episode offers practical insights and actionable advice.

Got questions? Reach out anytime, and if you’re at the Orlando ICSC, stop by my booth to chat in person!

Don't miss out on future episodes filled with more expert insights and practical advice. Subscribe to my channel now and be ready on owning a shopping center.

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In this episode of "I Own A Shopping Center. Now What?", Beth Azor offers practical guidance for property owners on managing third-party leasing and management firms.

She emphasizes the importance of staying informed through monthly activity reports, understanding lead sources, and making regular site visits. Beth provides actionable advice on how to ensure your property remains well-managed and profitable without micromanaging your team.

Whether you're new to property ownership or looking to optimize your existing partnerships, this episode delivers essential tips to help you get the best results from your third-party firms.

Don't miss out on future episodes filled with more expert insights and practical advice. Subscribe to my channel now and be ready on owning a shopping center.

#CommercialRealEstateInvesting #BethAzor #RealEstatePodcast