The amount of time and effort required to take care of a commercial property and address the needs of tenants can pile up quickly. It becomes a point of constraint for many property owners – especially those who have multiple investment properties or a large building to manage. This is where hiring a commercial property management team can help.
Commercial property management services alleviate the day-to-day tasks that a property owner is responsible for. In this article, we detail some of the roles included in a property management service checklist and some of the benefits of hiring a management company.
A property management company takes care of the financial tasks, which can include:
The physical condition of a property can quickly deteriorate and become a bigger, more costly problem for the owner without proper care. As a broad overview of a property management service checklist, a manager will:
Experienced property managers have excellent knowledge of building codes and regulations to ensure that the property is up to standard. Most property management companies are in good standing with various maintenance companies, including landscaping, snow removal, HVAC technicians, electricians, plumbing, lighting, and more and can often negotiate service pricing to reduce costs.
On a larger scale, managers will have organized records of maintenance, repairs, and replacements done. In case of any legal trouble, property managers have these records readily available as well as a deep understanding of commercial property insurance to protect the owner and the property against any legal action.
Some property management companies offer commercial real estate services like the marketing and listing of available spaces. Managers can vet tenants, schedule tours, and complete negotiation deals on behalf of the owner. Property managers also have a great network of commercial lawyers, insurance brokers, real estate agents, and the experience to recognize responsible and long-term tenants.
It’s easy to see all of the areas where a reliable commercial property management company can help. Having a property manager is beneficial for satisfied tenants, a sound investment, and your overall well-being!
When listing an industrial property, there are things to check and understand. The industrial sector of the property division is usually bustling. Typically, it is the first segment within most cities and towns to react to economic turnarounds. As such, you can prosper – even flourish – selling and leasing industrial properties. But the question […]
Industrial real estate leasing can get complicated, fast. And if you haven’t done your due diligence, these complications can become an unnecessary headache. Luckily, such circumstances can be avoided. And the best way to do that is to fully understand the asset in question and the rental and leasing conditions of the agreed-upon contract. Keep […]
If you’re looking for industrial property management services in Calgary, you’ve come to the right place. At CMS Real Estate Ltd. we offer management services for your industrial property to help alleviate the pressure and strain that’s often associated with operating a commercial or industrial facility. As a full-service industrial real estate brokerage, we provide […]
With more than 35 years of experience, our team of qualified mortgage brokers at CMS Real Estate Ltd. is on your side. We’ll ensure the purchasing process – from beginning to end – goes as smoothly as possible. Our industrial mortgage brokers have an immense comprehension of the market, its existing trends, as well as […]
Are you in need of commercial mortgage brokerage services? Do you reside in the Calgary area? If so, you’re in the right place. CMS Real Estate Ltd. is a commercial mortgage brokerage company in Calgary – our team of commercial mortgage brokerage experts have been serving Calgarians for more than 35 years. Here’s how we […]
The city of Calgary is a hub for innovation. Its oil and gas sector has made Alberta a leading force in Canada’s economic growth. In addition to its picturesque surroundings, Calgary is a desirable city with attractive business growth opportunities. Diverse commercial locations make it a choice destination for local and multinational organizations seeking to […]
© Copyright 2022 CMS Real Estate Ltd.