Property Management

Submitted by SC-admin on September 30, 2013

Industrial or commercial real estate property management can be handled by the owner of the property or contracted out to a third party property management company.  In either case, the management has a duty to act in a professional manner and provide clean, safe and habitable premises for the tenant.  Also, the property manager is usually responsible for collecting the rent and expenses not included in the base rent.  In addition, the management is responsible for employing contractors for the maintenance of the premises.  As a result, the many responsibilities that are part of property management may have the potential to get the parties involved into a dispute.

"Lee Segal was employed to assist our company in the acquisition of two industrial manufacturing facilities in Mexico.  I worked with him closely for several months, and I came to depend heavily on Lee for his technical knowledge and business acumen in commercial real estate.  He is absolutely my first choice as a consultant when I am faced with similar acquisitions.  In addition, he is the first person I recommend to colleagues and clients.Lee‘s capability and professionalism in commercial real estate matters make him the best addition anyone can have as a lead member of a critical team."
Sheldon Campbell, Corporate Facilities Manager, Compass Plastics Technology/AB Plastics; General Manager, Quality Laminates de Mexico, S.A. de C.V.