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 Description for BUSI 451
- Learning Objectives for BUSI 451 - detailed competencies to be achieved from this course.
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.