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Property & Asset Management
A good property management company can mean the difference between a performing asset, and a vacant asset. Property management to us means “keeping our tenants happy, and our buildings proud.” We strive for friendly relationships with our tenants that extends respect past our lease forms. We do Property Condition Assessments on all of our properties by third party firms to tell us how to best prepare for the inevitable boiler that might go down or roof that fails. We do quarterly maintenance on our roofs and mechanical systems as well as yearly maintenance of all of our buildings life safety systems. And we of course can taylor an arrangement to take on as much or as little as you need us to.
Our fees for property management are within market, usually between 5 and 8% of gross rents.
PA+A can also help with managing just an asset. This involves helping with your monthly and annual proforma and cash flow analysis, and best practices for reducing your tax exposure. Fees for this service are between 1% and 2% of the annual income.
A tough market requires an understanding of local trends, and Peter Allen & Associates has consistently provided accurate market analysis for Ann Arbor and the surrounding area. Their knowledge of the market has provided valuable insights into real estate opportunities and emerging trends to developers for over 30 years
President, ASTI Environmental
When our office was hit by 100 year floods earlier this year, Doug Allen was instrumental in ensuring minimal disruption to our business. He has demonstrated exemplary customer service all along. He sets his bar higher than mere customer satisfaction to customer delight.
If you're looking for real estate professionals who know and love the community they work and live in, contact Peter Allen & Associates. Because of their strong connections to the community, their hard work, their genuine interest in our concept, and their belief in us as young business owners, we were able to get our dream retail space.
I have worked on several facility projects for RiskMetrics, but the Ann Arbor relocation was the fastest from time of decision to actual occupancy in the space in a span of less than 10 weeks. That would not have been possible without the team at Peter Allen and Associates.
Principal, Risk Metrics, New York
Peter Allen & Associates is incredibly good at doing the little things that make sales and rental projects special and memorable. They know how to negotiate so that both sides win. They also know how to help you find exactly what you are looking for. 5 stars!
Terry Chappell MD
734.260.0857 | firstname.lastname@example.org
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