About

Innovative leadership to traditional ownership values

Property Commerce brings innovative leadership to traditional ownership values, available in a full complement of professional real estate services for retail developments. Property Commerce represents shopping centers with a reputation of experience, market knowledge and timely response, supported by a strong reporting system. Value enhancement, cost control and lease-up are goals established and achieved by Property Commerce as a result of its active ownership position in real estate projects.

In the role of developer, Property Commerce possesses proven entrepreneurial skills and understands the risk and return equation. Knowing the importance of creative ideas, the company has spearheaded many innovations that have saved time and money and avoided many potential problems.

Property Commerce has developed more than 80 shopping centers. Property Commerce has been involved as developer and/or broker in over 43 Target anchored shopping centers and 52 Home Depot anchored shopping centers.

80+

Shopping Centers Developed

43+

Target Anchored Centers

52

Home Depot Anchored Centers

Strategy to reach goals.

For over 47 years Property Commerce has built a strong, continually evolving shopping center development and investment organization complemented by its property management, leasing and brokerage teams.

1976

Property Commerce, established in 1976, has built a strong, continually evolving real estate development and investment organization complemented by its property management, leasing, construction management and brokerage teams.

2003

Honored by Target Stores with a Vendor Award of Excellence and Outstanding Developer Award.

2006

Target Outstanding Developer Award

2007

Landmark Award recipient from the Houston Business Journal for the outstanding retail development, Sawyer Heights Village.

2013

Created the Property Commerce Dividend Fund. The fund has purchased 14 Shopping Centers through the end of 2022.

NOW

Property Commerce is experiencing robust growth and expansion as the leader in its industry.

Beyond development

Full complement of professional real estate services for retail developments

Retail

Property Commerce offers complete ownership and development services for retail properties, including:

– Marketing and Leasing
– Property Management
– Property Disposition
– Construction Management

Property Commerce has successfully combined its experience as a developer, owner and manager of retail developments to form a group of retail specialists keenly aware of ownership responsibilities. These specialists recognize the urgent need for accurate, reliable communication. Property Commerce’s asset and property management services combine innovative leadership and proven fundamentals.

Marketing and Leasing

Property Commerce has leased over 20 million square feet of retail space. The company has completed transactions with such distinguished retailers as H.E.B., Kroger, Walgreen’s and CVS. The company provides leasing representatives with information, site plans and other leasing tools. Marketing and leasing plans are developed for every property, including both income producing and undeveloped properties. The plan establishes the cost effective marketing strategy to achieve the goals of the owner.

Property Management

Vast property management experience enables us to maintain the highest level of tenant satisfaction. At the same time, Property Commerce collects rent on a timely basis and enforces other lease provisions. An experienced in-house service staff assures high caliber preventive and corrective maintenance. Insurance expenses, property taxes, utilities, legal fees and electric repairs are all expenses actively managed by Property Commerce. A comprehensive budget, including month-by-month expenses, lease-up schedules and footnotes are completed for every project. A quarterly management report that reconciles the actual revenues and expenses with the budget is delivered on a timely basis.

Construction Development and Renovation

Property Commerce has developed over 40 million square feet of retail space in 39 cities and 8 states. An in-house construction/ development staff gives the company many diverse skills, including construction supervision, estimation capabilities and right cost control techniques. Property Commerce has long-standing relationships with general contractors, engineers and architects, ensuring dependable service from quality professionals.

Property Disposition

Both written and oral professional sales presentations are individually designed for every property marketed for disposition. A successful history involving many transactions as buyer, seller and broker gives Property Commerce the closing expertise to facilitate the execution of any sale. Property Commerce has participated in transactions with such nationally active buyers as Exxon, McDonald’s, Shell Oil, Wal-Mart and Taco Bell. Property Commerce has sold ground leases with such tenants as Chili’s, Chase Bank, Chick-fil-A, Arby’s Whataburger, Panda Express and Sonic.

Meet our team