LEASE YOUR COMMERCIAL PROPERTY
Filling vacancy is the easy part. Filling it well is the job.
A vacant unit costs money every month it sits empty, and that pressure is exactly what produces bad tenancy decisions. A tenant who can't carry the rent through a slow season, a lease with no escalations, an assignment clause that lets someone walk. These cost more over the term than a few extra months of vacancy would have.
They also show up later. A rent roll is the first thing a lender or a buyer looks at, and the leases signed this year are what they'll be reading.
Big Island Commercial Properties handles tenant placement and leasing for commercial property owners across Hawai'i Island, including Kailua-Kona, Waikoloa, Waimea, South Kohala, and Hilo, in retail centers, industrial and warehouse property, office and medical office buildings, and mixed-use property.
WE START WITH THE PROPERTY, NOT THE VACANCY
A center with three short-term tenants and one anchor has a different problem than one with a single empty suite. Before we market anything, we look at what the rent roll needs.
WHAT OWNERS GET
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Space marketed to actual local demand, not just listed and left.
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3D virtual walkthroughs, which we produce ourselves for the spaces that warrant one. Most firms on this island don't offer them. It's an added cost we absorb because it works. Prospects tour the space before they ever visit, which means listings fill faster, you sit through fewer showings that go nowhere, and a business considering a move from off-island can see the space without booking a flight.
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Prospects underwritten on financial capacity and tenant credit, not just interest. Can this business carry the rent through a slow season, not just this month.
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Lease terms structured with the property's long-term value in mind: escalations, renewal and assignment provisions, and exit language that still make sense when the renewal comes up.
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Honest counsel on when to hold out for a better tenant and when to take the deal in front of you.
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Lease administration and renewal tracking after the tenant is in place.
WHEN YOU'RE NOT HERE, WE ARE
When you're not on island, we're your eyes and ears. Accounting, physical oversight, sales, leasing, and marketing all happen here, not from a spreadsheet an island away. What you hear from us is what someone actually saw.
WHY OWNERS COME BACK
Founder and Principal Broker James Augustine owns and has repositioned commercial property himself. He has been the landlord signing the lease and the investor who later had to live with its terms. That shows up in how BICP structures a deal: not just what fills the space this quarter, but what the lease is worth to the property years from now.
Much of our leasing work comes from owners we've served before, or from someone they sent our way. We don't take that lightly.
CONTACT
Have Space to Fill? Tell us about the property and what's vacant. We'll give you a straight read on what it will take to fill it well. Reach us through the form below, by phone at 808-751-2427, or by email.
FREQUENTLY ASKED QUESTIONS
Do you help building owners lease commercial space?
Yes. We work with commercial property owners to lease vacant space and attract the right tenants. Our leasing services for owners include pricing and positioning strategy, marketing vacant spaces, handling inquiries and showings, evaluating tenant fit, and supporting lease negotiations to help stabilize occupancy and protect the long-term value of the property.
How long does it take to fill a vacancy?
It depends on the space, the rate, and the season, and anyone who gives you a firm number without seeing the property is guessing. What we can tell you is what comparable space is doing right now and what's realistically achievable for yours.
How do you market an available space?
Listing platforms, our own site and tenant network, direct outreach to businesses we know are looking, and, where the space warrants it, a 3D virtual walkthrough we produce ourselves.
The walkthrough matters more than owners expect, and almost nobody else here is doing it. Prospects tour the space before they visit, so the showings you do sit through are with people who already know what they're looking at. A business considering a move from off-island can see it without getting on a plane. It's an added cost we take on because it fills space faster, and we decide property by property rather than applying the same template to every listing.
How do you screen prospective tenants?
Financial capacity first. Can this business carry the rent through a slow season, not just this month. We also look at use, how the business would sit alongside your existing tenants, and what kind of tenant they've been elsewhere.
Do I have to use you for property management too?
No. We handle leasing on properties we don't manage. That said, when the same firm does both, vacancy gets handled by people who already know the building. Most of our clients choose this route.
What lease terms do you recommend?
That depends on what you want the property to do. An owner planning to sell in three years wants different lease structures than one planning to hold for twenty. We start by asking that question, then structure to it.
What does it cost?
Leasing commission is negotiated per engagement and depends on the property, the space, and the scope. We'll put it in writing before you commit.