Adding the right landscaping elements can make a property more attractive and easier to rent. Tenants like to be in places that look nice and feel welcoming. Properties with vibrant, maintained outdoor spaces tend to attract more businesses and retain tenants for longer periods.
- More visitors: A property with beautiful landscaping attracts more people, which helps businesses inside thrive. Outdoor areas that are pleasant and inviting encourage foot traffic and engagement with commercial tenants.
- Tenants stay longer: When tenants enjoy their space, they are more likely to renew their leases. The surrounding environment directly affects employee and customer experiences, making it a critical factor in leasing success.
- Better market position: Properties with good landscaping stand out and give owners an advantage in lease negotiations. A professional exterior helps reinforce a strong reputation and brand identity for businesses within the property.
One example of landscaping’s impact on tenant attraction is the Dulles Corner office complex in Herndon, Virginia. After enhancing its outdoor spaces, the complex improved occupancy from 76% to 94% and achieved significant rent increases within a 24-month period.