Commercial Property Management
Commercial Assets Optimized
Property owners need to meet thier goals for their asset. The experienced associates at DJL Commericial can improve asset value, increase cash flow and improve the property for the future and the anticipated needs of tenants to come.
Good tenant relations are very important for the over all health of a property. A good working relationship with a tenant allows us to match their needs with the owner's goals providing a lasting tenant who will add value to the property. Keeping in contact with the tenants helps us identify potential problems and concerns from structure problems to rent collection.
Customized Financial Reporting
A part of the process of DJL Commercial's property management program is to help the owner maintain an understanding of the financial performance of your asset. Depending on the level of reporting you will need, we can customize or help you develop reports that will give you the best understanding of the value of your asset.
Standard financial components, but not limited to:
- Annual CAM Reconciliation's
- Monthly Receivables
- Annual Operating Budgets
- Tax Documentation
- Expense Reconciliation
- Monthly Budget Preparation and Review
- Loan Covenant Compliance
- Monthly Rent Roll
Maintaining the Property
DJL Commercial presently manages buildings with corporate users, medical office buildings (MOB), general office and light retail. Our hard earned reputation has been established by maintaining beautiful and well tended properties. This is all done while retaining an expense budget that is competitively lower than any other property in the region and not costing the owners anything out of pocket.
Our role in maintaining your commercial portfolio can include and not limited to:
- Skilled Building Engineers
- Response to Tenant Service Calls
- Hurricane and Emergency Management
- Critical Construction Repairs
- Routine Maintenance Check
- Service Contractor Administration
- Cleaning
- Utility Efficiency Monitoring
DJL Commercial, on a monthly basis, monitors vendor costs. Multiple bids from reputable vendors is paramount when assessing the stability of budgets.
Project and Construction Management
Managing how a property will be constructed before, during and after completion is important for maximizing the property's highest and best use. From our Development Department to tenant build outs, remodeling, building renovation or expansion, DJL Commercial can bring the careful coordination of all parties. There really is no small project when multiple tenants are involved. Creating a plan with both the tenants and the owners on the same page is the only way for work to be done right.
- Controlling Design and Space Planning
- Financial Planning and Coordination
- Bid Solicitation to Licensed Contractors
- Working with Government Agencies of All Levels
- Routine Construction Meetings
- Engineer and Architect Planning and Follow-up
- Punch List Follow-up
- Warranty Monitoring and Enforcement