What is the typical co-share for commission on a long term lease for a shopping center anchor

Represent the Tenant for approx 25,000 SF. Neighborhood shopping center.
In Leasing Property - Asked by Larry P. - Jan 26, 2016
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Answer(s)

Sandy V.
Broker/Agent
Pearland, TX

We see a 3-4% commission for the entire lease term for strip centers usually.

Jan 27, 2016
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Joyce S.
Broker/Agent
Yardley, PA

Pa. we get 10% of the monthly lease for the term of the lease.

Jan 27, 2016
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Paul B.
Broker/Agent
Grayslake, IL

It depends on the tenants ratings/credit and type and term of the lease. Sometimes with larger tenants it is 2-3% in first year and 50% of that for the remainder years of the initial lease term and in case of a renewal of
the lease it may be around 1% of the new lease term.
There is no hard and fast rules or practice and it depends on negotiations sometimes tenants broker gets more than the owner broker.

Jan 27, 2016
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