Commercial Property Management
STRUCTURE Commercial Property Management was created for the sole purpose of providing turn-key management services to investors of retail, office and industrial properties throughout Northern Florida and Southern Georgia.
- How can I position my asset to attract local and regional tenants?
- Is my management company also representing my biggest competitors in the region?
- What is my short-term and long-term marketing plan? Investment plan?
By choosing STRUCTURE you ensure that your investment is being managed by someone that SPECIALIZES in commercial leasing and management. We provide comprehensive property management services that maximize the income and appreciation potential of our client’s assets. Our in house accounting service ensures greater control and confidentiality of your asset’s performance.
Clients can focus on their own business operations, knowing that our experts are attending to all of their real estate details:
Leasing & Occupancy – Marketing is tailored to the property’s specific requirements
Collections – Diligent and timely collection efforts
Renewals & Increases – Maximize tenant retention to reduce vacancy loss
Payables – Pay all bills associated with the property
Maintenance – Provided 24 hour response to all issues
P & L Statements – Compiled monthly, detailed revenue, expenses and profits
Budgets – Yearly projections updated monthly in order to accurately project upcoming capital needs
Yearly NNN Reconciliations – Experienced in triple net properties
Click on the services below to read more.
STRUCTURE’S approach to asset or development advisory is systematic. It involves the assessment, stabilization, positioning (or re-positioning), operations, and monitoring of the development or asset.
This disciplined approach is based on creating value. Our development services include:
- Feasibility and Economic Studies
- Environmental and Site Evaluations
- Pro Forma Financial Analysis,
- Budget Development and Administration
- Design Coordination
- Marketing and Public Relations
- Tenant Construction Project Management
- Operations and Maintenance Planning
Building Maintenance & Repair
- We establish and maintain constructive vendor relationships for building operations. Each vendor will have access 24 hour per day / 7 days a week, to our firm’s property managers and maintenance staff if they have any questions about service or work orders for a building.
- Structure will schedule and supervise building maintenance. Scheduled maintenance contracts are suggested to maintain complete efficiency and longevity of the equipment. On each service date our Senior Maintenance Technician will meet the vendor on site to discuss and report any issues with the building equipment and/or systems. Regular maintenance items, as approved in the budget, are scheduled by the Property Manager and implemented by our maintenance staff under the supervision of a Senior Maintenance Technician.
Emergency Maintenance & Repair
• Structure Commercial Property Management maintains an emergency cell phone number that is monitored 24 hours a day / 7 days a week by the Property Manager or Assistant Property Manager on duty. All tenants have the number and an email contact to report emergencies.
• We promptly handle accidents, and building intrusions. This type of response will be answered immediately by our maintenance staff or supervisory staff. The building security monitor will be instructed to call the Property Manager with any building alarms and he will respond with appropriate action.
Supervise & Maintain Quality Janitorial Services
• Janitorial service will be inspected for cleanliness and adherence to the vendor contract. The Property Manager(s) will check with all building tenants on consistent basis to see if any have complaints or comments. At janitorial contract renewal, we will request competitive bids for janitorial services should an opportunity to achieve operating savings can be accomplished by using another vendor.
Opening Building & Interior/Exterior Policing
• “Building Opening” by our staff will be completed as directed by the client. During opening and during public functions or events, our firm’s staff will perform a building check list and policy procedure as provided by the Property Manager.
Building Security & Fire Protection
• Our firm will work with the security and fire protection companies to see that all areas of protection are in good repair and operating correctly. A full walk-through and inspection will be made of all systems within the first 30 days under management contract to assure that all fire, life safety and security areas are adequately covered and understood by both property managers and maintenance staff.
Tenant Compliance With Building Rules & Regulations
• Initial and regularly scheduled contact with the tenants will be established to create goodwill and familiarity with our team and staff. We will have relationships with building tenants so that problems will be resolved amicably and to the satisfaction of all parties. The number one thing commercial property owners must do in today’s economy is retain tenants, which starts with tenant relations. Our firm is committed to work with all tenants and immediately answer any questions or inquiries regarding their lease or building regulations. We will resolve all problems ASAP and present our solutions personally to the tenant representative. Our staff will follow up at a later date to make sure that the tenant is completely satisfied with the solution and any changes or revisions to building rules and regulations will be i) delivered to each tenant and ii) posted in a high traffic public area for viewing.
Manage Parking Spaces
• Designated parking spaces that are assigned to the property will be maintained and monitored for authorized use. Parking space rental fees will be billed and collected per the terms in each Tenant’s respective lease. To ensure parking spaces are fully leased, a list of potential users will be kept to assure that no loss of revenue occurs due to a vacancy.
• All leasing activity, renewals, new leases, and market rent analysis will be provided by one of our brokerage team members with local leasing knowledge and experience. Accurate rent rolls will be kept by the Property Manager and furnished to the client quarterly or upon request. Should a lease be renegotiated or a if tenant needs to relocate to a new building, compensation with our firm can be based upon percentage of rents paid over term of the lease.
• As related to tax assessments for property, TRIM notices will be evaluated by the Property Manager and brokerage team. Any deviation from the fair market value will be noted and an assessment hearing will be requested upon written authorization of the client.