Property Management Services
Colonial Commercial Real Estate
One of the primary services we provide is commercial property management. Through years of experience in this field, we have established ourselves as a comprehensive full-service management company. Our methods are designed to provide profitability for our owners as well as concern and responsiveness to the needs of our tenants. Our experience includes shopping centers, office buildings, and retail and office warehouse properties. Our capabilities and staff allow us the flexibility of managing projects from small properties to large high rise office buildings.
Our property management services include such techniques as initial inspections, recommendations for repair or modification, maintenance supervision, cash management, budgets, projections and a comprehensive reporting system that can be designed to meet the needs of a particular owner. We concentrate heavily on working to bring desirable cash flow to the property through aggressive marketing and leasing. Tenant relations remains a high priority to us and we establish professional relationships with our clients.
Our Process
- Conduct on-site inspections and evaluations to accomplish start-up and ongoing recommendations to ownership on the status of the property both physical and administrative
- Identify and catalog the property specifications and compile pertinent property information
- Identify and maintain all utility accounts and convert billings if necessary
- Review all existing leases and abstract pertinent information
- Meet with tenants, establish a relationship of cooperation, evaluate the overall tenancy and work with tenants on areas of concern and the renewal leases
- Review the immediate market and evaluate the property’s position within that market
- Conduct routine monthly inspections and prepare summary reports of condition and activity
- Naturally, our accounting, cash management, and banking procedures go hand in hand with the actual property management; we have the ability to customize an owner’s reporting needs on our system or use the owner’s system and will be happy to provide samples of our reports upon request
