Shopping Center Property Management
S.L. Nusbaum Real Estate Co.'s Shopping Center Property Management Division's goal is to increase property values, while maintaining clean and safe shopping centers.
This goal is achieved by a team of shopping center property management professionals whose focus is to provide the highest level of service to the shopping center tenants and owners.
With a portfolio of more than 54 shopping centers that the company owns or manages for its clients, S.L. Nusbaum Realty has the unique ability to draw from its own development experience to provide a higher level of shopping center management services for its clients.
S.L. Nusbaum Realty Co.'s shopping center property management services include:
- Daily oversight of shopping center daily operations, include vendor coordination, preventive maintenance, and tenant relations.
- Billing and collection of all rents.
- Coordination with owners legal counsel regarding litigation.
- Payment of all shopping center expenses.
- Review of mortgage and real estate tax payments.
- Assistance with real estate tax assessment protests, if necessary.
- Production of monthly operating statement and owner distribution checks by the 10th of each month.
- Provide annual budget with recommendations for capital expenditures.
- Property insurance procurement
- Rent relief and lease restructuring negotiations