After purchasing a residential, commercial or industrial property, investors often turn to a property manager to handle daily tasks such as tenant relationships, maintenance, repairs and security. Typically, a property manager or team is contracted by the owner of residential complexes, private home communities, retail centers, office complexes and industrial parks.
Owning commercial real estate can be a lucrative business opportunity but managing those properties requires a skilled advisor. Coldwell Banker Commercial® affiliated professionals who specialize in property management will help you preserve the value of your properties and keep them generating income. From screening potential tenants to marketing, coordinating maintenance and vendor relationships, helping to ensure local building codes are met, your CBC® affiliated professional will help you manage your investment with care.
When you work with a CBC affiliated professional who specializes in property management, they will develop a comprehensive plan to promote tenant retention, minimize operating expenses, maximize your property value, and help ensure the security and integrity of your property. They will keep you well informed of the property’s ongoing operating needs and will work with you on budgeting for capital operating expenses to ensure it is well-positioned.
Look to the Coldwell Banker Commercial network to assist with all your real estate property management needs.
Leasing – Your CBC affiliated professional can assist with processing lease renewals, marketing vacant space, obtaining due diligence reports on potential tenants, and facilitating the preparation and signing of lease agreements.
Tenant Relations – Our skilled affiliated professionals can provide tenant-focused service by receiving and responding to their requests, complaints, issues and inquiries.
Administrative Duties – You can rely on a CBC affiliated professional to handle the details, like setting and collecting rents, following up on late rental payments, attending court eviction proceedings, coordinating the turnover process, and communications with tenants.
Financial Analysis – We can assist you in reviewing your operating expenses and help you identify cost-saving opportunities for your property.
Inspection and Maintenance – A CBC affiliated professional can perform property inspections, help facilitate that local building codes are met, manage contractor and vendor relationships, including coordinating with vendors for landscaping and snow removal, and the maintenance of HVAC systems, plumbing and electrical systems.
Disaster Recovery Plan – Your CBC affiliated professional can help you develop a disaster recovery plan to include loss of facilities, staying connected with temporary facilities, managing equipment rentals, and planning for file and computer back-up in the case of fire, flood or other natural disasters.
* Services Not Available in Every Market
Coldwell Banker Commercial brokerage professionals
provide a wide range of services to clients who are looking
to buy, sell, or lease commercial properties.
Coldwell Banker Commercial affiliated professionals can help provide you with everything from property valuation and market research to investment analysis so you can make informed decisions, mitigate risks, and maximize returns on your investment.
By providing a strong understanding of a property’s strengths, challenges and opportunities, Coldwell Banker Commercial affiliated professionals can help property owners attract and retain the right tenants and identify upgrades that could increase their property’s value.
Whether you need to lease or sublease space, a CBC affiliated professional can develop a customized solution including scheduling property tours, preparing lease proposals and negotiate lease terms with the landlord.
Coldwell Banker Commercial affiliated professionals can help you with everything from site selection and evaluation to project planning and management.