Managing commercial real estate can be a complicated puzzle that requires coordination from many parties. From acquiring land to planning redevelopment to finding the right clients, commercial real estate is a big business.
CRE brokers are responsible for advising new owners on the best way to rent out spaces to commercial tenants--a process that can be overwhelming. Choosing the right commercial tenants is very different than choosing residential tenants.
Let’s take a closer look at four important things that all CRE brokers should know about the tenant screening process.