
When it comes to tenant retention in retail spaces, there are many ways commercial property managers can succeed. But when a tenant leaves, leasing agents and landlords are often pressed to find creative solutions for vacant retail space—especially if it has sat empty for an extended period. Unoccupied units can pose a strain on the property owner's finances, and they can become an eyesore for locals or a target for thieves and vagrants.
However, these issues can be remedied when the owner begins to think creatively about uses for the unused space. It can be rented out for the short or long term as an alternative to full-time tenants. This is a good option for owners lacking investors or funding to renovate and those who want to embrace the modern
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