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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.
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.
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.
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.
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.