Attracting new tenants and retaining current ones are at the top of the priority list for many commercial real estate professionals. It doesn’t matter if it’s an office building or retail space—your tenants are your lifeblood. They should be treated as such.
A big potential issue, however, is that CRE spaces often have lots of competition. So it’s no surprise that tenants relocate fairly often. According to Priceonomics, 44 percent of mid-sized companies moved at least two times in the past decade (with 23 percent moving three times or more).
So, what types of amenities can CRE pros start offering tenants to keep them from moving on? Here are four ideas to consider: