Commercial Property Management

PPM is fully equipped to provide true “turnkey” property management. Our capabilities encompass commercial office management and commercial condominium associations, industrial warehouse and manufacturing management, and retail property management.

Commercial Office Management

  • Owner/tenant liaison.
  • Rent collection.
  • Rent increase notifications and collections.
  • Enforcing lease terms and conditions.
  • Landlord/tenant negotiations and eviction representation.
  • Lease renewal processes.
  • Office turnover, preparation, advertising, tenant qualification and lease signing.
  • Office inspections and follow-up correspondence.
  • Interior and exterior maintenance services and repairs.
  • Routine and capital improvement analysis and contracting.
  • Financial reporting to the owners.
  • Accounts Payable, Accounts Receivable, and Financial Reporting.
  • Municipal and emergency personnel contact.

Condominium Association Management

  • Annual budget preparation, including capital reserve items.
  • Competitive bidding for property services.
  • CAM fee collections.
  • Occupant notifications.
  • Exterior maintenance (in accordance with annual budgets).
  • Reserve analysis and implementation.
  • Owner financial report and end-of-year tax preparation (in conjunction with the owner’s accountant).
  • Preparation for attendance and Board representation at annual meetings.
  • Board Support with Document Interpretation & Delinquency Collection Support.
  • Accounts Payable, Accounts Receivable, and Financial Reporting.
  • Municipal and emergency personnel contact.

Industrial Warehouse

  • Owner/tenant liaison.
  • Exterior maintenance and repairs.
  • Building use, market value and lease terms consultation.
  • Lease enforcement, including renewals, collections, improvements.
  • Unit turnover, preparation, marketing, tenant screening and lease preparation.
  • Financial reporting to the owners on a quarterly basis.
  • Accounts Payable, Accounts Receivable, and Financial Reporting.
  • Municipal and emergency personnel contact.

Retail Management

  • Owner/tenant liaison.
  • Budget preparation for CAM fees.
  • Service contractor hiring and management.
  • Lease renewals, negotiations and rent increases.
  • Unit turnover, marketing, screening, lease negotiations and signing.
  • Rent and CAM collections.
  • Financial reporting to the owners, quarterly or monthly.
  • Accounts Payable, Accounts Receivable, and Financial Reporting.
  • Municipal and emergency personnel contact.

Rent Collection Process

PPM supports the Landlord’s interests in maintaining a stable and current rent payment status with tenants through a positive and proactive account review and communication process that conveys concern for tenant business owners’ success and nurtures open communication. This approach incorporates an ongoing assessment, and early intervention if necessary, of tenant payment amounts and timing in order to minimize the occurrence of delinquencies and maintain a forecast on month-to-month individual tenant and overall property trends related to total rent payments.

Commitment to continuing education.

Progressive Property Management supports its staff by providing continuing education in real estate courses, property management, computer/technology and personal development courses.