Prime Realty Corp. provides clients and property owners across New York with dependable and reliable commercial property management. We will help you manage your commercial property and get the most out of owning it.
Our Commercial Property Management Services
Due to our years of experience, we have the ability to pick plans and routes that are specific to each individual. We understand no two people have the same needs. That is why we will devise a plan that is a perfect way to manage your commercial property. On top of managing, we also provide a wide array of services to help optimally manage your property.
- Management Plan: Our management plan for you is based on analysis we do beforehand. This analysis is of the region, the trade area, the demographic of the property's location and the psycho-graphic data. The psycho-graphic analysis is used to describe consumer habits by studying personality, values, attitudes, interests and lifestyles. All of these measures are taken to get a sense of the subject property and its tenants and to find comparable characteristics to help in its management.
- Comprehensive Marketing Plan: Advertising and promotional activities are two common ways to implement a comprehensive marketing plan for your property. The ultimate aim of this plan is to increase the awareness and traffic to your property. In short, a marketing plan is an important aspect to help minimize the vacancies of the property, as well as to help help increase the retention of the tenants.
- Current Lease Analysis: This is a service for existing commercial properties, as it is an analysis of the current tenants in the building. It is a useful tool when handling new and old tenants, since it can provide helpful information to negotiate leases. You will be informed about a wide array of ways to save money in this process.
- Income Management: In this type of management service, we simply take the stress of running the day-to-day operations from you and handle them in-house. We will collect the rent and any other property income you may have at the time. We will maintain a schedule for the tenants and ensure that all payments are received in a timely manner. We will also take the burden of dealing with any difficult or stubborn tenants. This is one of our more popular management services, as it frees up a lot of time for the commercial property owner and gives them the peace of mind that their property will be managed professionally.
- Financial Analysis: This is a periodic analysis of a commercial property's capital expenditures, general and administrative expenses, financing alternatives and net operating income. By doing so, we help to ensure that you are maximizing in your profit margins in all areas of your business and commercial property. There are many moving parts that we will expertly handle.
- Ongoing Reports: In order to keep you abreast of our management, we will provide you with periodic status and recommendation reports. This is for both principals and owners to the commercial property. This is our way to make certain that your property is being managed in a way where it is streamlined, profitable and on a growth-orientated trajectory.
Prime Realty Corp. provides clients across New York with quality and dependable commercial property management services. We have years of experience in the field and understand the ins and outs of how to properly manage your commercial property. If you are interested in our services, please contact us today. We will gladly answer any questions or concerns you may have about our various property management services.