Residential property sellers often use ‘staging’ to make a vacant home more attractive to prospective buyers; now it seems commercial landlords are doing it too.
Real estate firm CBRE says that rather than presenting a ‘shell’ to prospective tenants, landlords are helping them visualize how the space may be utilized.
“First impressions in real estate – residential and commercial – are key in selling a potential occupier on a space,” said Werner Dietl, Executive Vice President and GTA Regional Managing Director of CBRE Canada. “However, unlike residential staging where once a showing concludes, the furnishing is removed, the office staging remains intact even after the tenant moves into the space.”
The staging includes creating meeting rooms, kitchens, and a mix of open workspaces and offices.
Are you looking to invest in property? If you like, we can get one of our mortgage experts to tell you exactly how much you can afford to borrow, which is the best mortgage for you or how much they could save you right now if you have an existing mortgage. Click here to get help choosing the best mortgage rate