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.

“I was looking for a new business space and needed a real estate broker with a keen understanding of the Los Angeles market. Lee Segal understood what we were looking for and what was important to us; he even took the extra step of anticipating how the situation might serve us in the long run. Thanks to his professional advice, we found the perfect space for the company. I will definitely work with him again if I have real estate needs in Los Angeles.”  
Joachim Wekenmann, General Manager for Weckerle Cosmetics USA