My property management team and I analyze the current condition of each property we manage on a monthly basis. The first task is to make a detailed physical inspection of each property to determine what condition the property is in. Each type of property is intended for a particular purpose. Each property is marketed for […]

Over the last thirty years of my career as a director of property management I’ve seen a lot of well planned office, retail and even industrial spaces that have enhanced the success of that particular business. The vision and plan of the owner can make-or-break the everyday needs of the staff in their newly leased

In a society that is increasingly litigious, owners must always be on the lookout for potential liability hazards that may exist on their properties. If someone slips and falls at either an office or retail center, the owner may be sued. Courts will often hold a center responsible for a slip-and-fall accident, reasoning that the

To be a successful and effective property management company, communication with both the owner and tenant is critical. Property managers need to establish an open, professional business relationship to help ensure the retention of tenants at a commercial property. It is their job to enforce all lease terms; building rules and regulations; and situations where

If you own commercial real estate that you lease out, you may have used the services of a licensed real estate broker that specialized in commercial real estate properties in the past. Many owners select from the ala carte menu of potential services offered by real estate firms in our area, but most owners could

Due to our active real estate market, we have come across an increasing amount of commercial tenants who are successful in selling their business to a new prospect, however, they fail to review the underlying requirements for “assignment” or “subletting” under their lease agreements. For the Landlord, this clause represents the battle for control of

As varied as the types of commercial property are different classifications of property managers. It can be an individual owner, a member of a firm specializing in property management services, or a member of a large, multiservice i.e., brokerage, financing, title services and property management. A property manager may also work within the trust department

New Light Shed on “Shadow Retail” Most of us are frequent visitors to “Shadow Retail” locations, and though we may not realize the tactical strategy that brought us there, we appreciate the convenience and selection of retail stores. An anchor store is the largest, or one of the largest stores in the center. These stores

left to Right: Janet Watermeier, Gene Van Vleck, Gary Tasman, Pamela Van Vleck Commercial Property Management Services (CPMS) and Watermeier Consulting Services announce their mergers with Cushman & Wakefield | Commercial Property Southwest Florida (CPSWFL) in order to better serve the region’s expanding and more diversified client base. “Together we become Southwest Florida’s only fully