The Power of Professional Property Management: 5 Facts You’ll Want to Know

ONE: Practice makes perfect

Metro Commercial is not a fledgling company. Over three decades, we have become the choice for hundreds of property owners because of our expertise and our talented, expert professionals.  We enthusiastically handle whatever it takes to operate the property at maximum efficiency, maximize profitability, maintain the physical condition, and exceed revenue goals.

 

TWO: Our reputation for excellence is evidenced by growth

Self-managed facilities may sound good, but the multitude of duties required for property oversight leaves employees harried at best, and delinquent in their responsibilities, at worst. The difficulty of finding reliable contractors, the never-ending chore of collecting rents, developing reports, handling accounting, and paying taxes overwhelms the staff.

Many self-managed properties become professionally managed by Metro Commercial, relinquishing the headaches of unreliable contractors, rent collection, and accounting practices to our experts.

An institutional client who previously self-managed has entered a strategic new partnership with us. This client engaged Metro Commercial to manage four grocery-anchored centers and a free-standing parcel with additional assignments anticipated in the coming months.

Our reputation for excellence is evidenced by growth:

  • Our portfolio eclipsed 10 million square feet.
  • 7 new assignments last month
  • A strategic new partnership with an institutional client who previously self-managed from out of state engaged us on 4 grocery-anchored centers as well as a free-standing parcel. The same company plans to transfer management to MetroCommercial of additional properties in the coming months.
  • 450,000+ square feet added to our portfolio in one month.

 

THREE: Professional property management by Metro Commercial leads to revenue growth

A well-managed shopping center attracts class A tenants and commands higher rents than other shopping centers in the market. When a property is well-managed, it attracts great Tenants. If that property is attractive, operating at full-occupancy, and financially sound, the sale of that real estate is exponentially more possible.

Case in Point:

A Lehigh Valley asset managed by Metro Commercial was purchased by a local entrepreneurial partnership who recognizes the value Metro Commercial adds to the asset and retained their service.

FOUR: Location, location, location.

Metro Commercial has assets in Southern New Jersey, Philadelphia, and the Lehigh Valley. Our influence is expanding because of our reputation as being a professional property management company par excellence.

Case in Point:

Investors don’t have to be local to know about the power of professional property management with Commercial Metro. More out-of-state investors are learning about our exemplary management tactics, satisfied clients, and successful oversight of previously troubled properties.

A number of out-of-state investors have engaged Metro Commercial in the past 60 days to achieve the value they have not been able to achieve.

FIVE:  You will benefit from Metro Commercial’s property management

Metro Commercial has experts to handle all the duties of commercial property management. Repairs and maintenance, capital improvements and Tenant fit outs.  Developing relationships with Tenants through communication and frequent site visits. To collecting and tracking Tenant rent. Utilizing state-of-the-industry accounting programs to develop functional reports. Paying taxes. Doing budgets. Making cost projections.

You can quit worrying about the daily duties and move on to the things you’re good at, whether that’s developing properties or expanding your portfolio.

Investing in professional property management with Metro Commercial significantly enhances the value and efficiency of your real estate portfolio and makes property ownership profitable!

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