Real Estate Division

BUSI 451 - Commercial Property Management

Course Structure

This is a scheduled online course that is completed over 15 weeks. The weekly work typically includes reading one or more chapters, watching an instructional video, and completing a multiple choice assignment. There are three term projects required.

Course Details/Syllabus

Lesson No. 1 — Commercial Property Management – Shopping Centres 
Lesson No. 2 — Managing Office, Medical, and Industrial Properties 
Lesson No. 3 — Marketing and Leasing Commercial Properties 
Lesson No. 4 — Leases and Lease Negotiations 
Lesson No. 5 — Commercial Leasing Disputes 
Lesson No. 6 — Administration and Record Keeping 
Lesson No. 7 — Budgeting for Income, Expenses, and Capital 
Lesson No. 8 — Maintenance, Management, Safety, and Security Procedures 
Lesson No. 9 — Insurance and Risk Management 
Lesson No. 10 — Offer to Lease

Weekly multiple choice assignments No. 1-9: 15% of final grade.

Project 1: Location analysis for a discount dollar store: 30% of final grade.

This project requires students to locate a suitable site for a dollar store presented in a case study. Students must first specify the needs of the store and then, based on these needs, search their local commercial rental market for a suitable retail unit and write an offer to lease.

Project 2: Offer to lease: 5% of final grade

Project 3: Preparing a management prospectus: 50% of final grade.

This project requires students to prepare a management prospectus based on both the information provided in provided description and on research, highlighting the essential tasks for a property manager.

Textbook sold separately: Managing and Leasing Commercial Properties 2nd Edition. Can be purchased directly from the Real Estate Division’s Online Bookstore.

If you have administrative questions, please email us at If you have a comment on this page or a suggestion for additional website features, please email us at