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Commercial Property Management

LEASE ADMINISTRATION

Keeping Properties Rented And Vacancies Low Is Essential To improving your NOI/ROI.

Leasing space involves knowing the local market and marketing to the right targets to fill spaces with the appropriate tenants. Properties with tenants that can thrive in the correct location have the most potential to become long-term tenants.

PM Management ensures that your property and your tenants meet all city, state and federal regulations, fulfill tax reporting requirements, keep leasing terms up to date with each tenant and maintain the financial health of your asset.

“…PM Management and I work with the Landlords we represent to create a “team” of professionals in keeping Tenant leases renewed, working together to get new leases negotiated, and working through difficult times of the real estate market.”

– Cheri Blessing, Lee & Associates Commercial Real Estate Services

Leasing Administration Services

PM Management handles a wide variety of lease administration services, including:

MARKET ANALYSIS

Our management team is active in the market so that we can fully understand the trends, vacancies, and local changes that are vital to making effective leasing administration decisions for our clients.

LEASE REVIEWING & ADMINISTRATION

All leases are abstracted and documented as to terms, escalations, and other terms. Lease expirations are monitored closely to ensure timely renewal and smooth transitions for lease extensions.

LEASE RENEWALS

Our management team takes pride in the development of strong business relationships with the tenants, which in turn leads to a higher renewal rate for expiring leases.

CONSTRUCTION OVERSIGHT

Our team monitors and provides oversight of construction of new and refurbished spaces. Making sure improvements are consistent and done in the standard required by the ownership.

LEASE EXPANSIONS OF EXISTING TENANTS

Understanding the building space sizes, lease expirations and needs of the tenants allows for a smooth transition to maintain fully occupied buildings.

LEASE NEGOTIATING

The management team anticipates the owner’s objectives when identifying tenant fits for their building. Matching tenant needs with building requirements cuts down on wasted time negotiating irrelevant items.

Ready to increase the NOI/ROI on your southern california commercial property?

Contact us today to see how we can help!

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