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 have relied solely on Lee Segal to handle the assets of two charitable trusts for the past 18 years. As a real estate broker with nearly three decades of experience, I can honestly say that Lee Segal is incredibly ethical and easy to work with, and has always done his best to represent me and my interests without interjecting his own opinions or doing anything for his own gain. His outstanding communication skills make everyone involved feel like they’ve won.” Kimberley Olson, Commercial Real Estate Asset Manager
Kimberley Olson, Commercial Real Estate Asset Manager