COMMERCIAL MANAGEMENT
Comprehensive Commercial Real Estate Solutions
Throughout the Greater Triangle Area, Steele Property Management makes it easy for Landlords to own investment real estate. We can help you with an ownership association, office condo, strip center, an office building and everything in-between.
Leasing Services:
1) Provide a Competitive Market Analysis & Lease Price Recommendation
2) Premium Listing Services on LoopNet, CoStar, and Crexi
3) Direct solicitation to potential end users and tenant rep brokers
4) Tenant P&L review and screening
5) Lease drafting and execution
Management Services:
1) Annual financial forecasting and budgeting
2) Monthly financial reporting and distributions
3) Manage OpEx budgets, pass throughs, and resets
4) Ensure accurate rent rolls to capture any escalations
5) Hold trust monies, collect rent, manage tenant delinquency
6) Coordinate vendors, UOA payments, and inspections
What We Do
Why Choose Us
Our #1 goal is to provide our Landlords and their Tenants customer-centric professional services. Our attention to detail and customer service-centric approach helps retain tenants reducing the vacancy for your investment.
Landlord Focus:
Our job is to make owning investment real estate easy for you. Steele Commercial provides the leasing services to get your property leased fast. And Steele Property Management will take care of the rest: reporting, vendor coordination, RFP processes, and maintenance issue resolution, among others. By the 15th of each month, you will receive your financial report and your distribution processed. If you want to check in more regularly, Landlords will have access to their private Owner's Portal on Yardi Breeze - our management software. And when the property needs to be released, we'll manage any vendors required to make it ready for your next tenant.
Tenant Focus:
We want your tenants to have a pleasant and seamless experience so they'll renew and/or expand for subsequent terms. Steele Property Management's associates are here to make sure that happens by quickly and efficiently resolving concerns and requests with minimal disruption. Our list of seasoned vendors and suppliers are trustworthy, honest, and vetted. We make paying rent and submitting maintenance requests easy through Yardi Breeze. Tenant's can create their own portal to pay rent and submit maintenance requests (and pictures) online.
Our Fees
We strive to create mutually beneficial, long-term relationships with our clients. We appreciate your considering Steele Property Management and we welcome your inquiry to discuss your specific needs. You'll find that our rates are competitive in the market.
Typical Leasing Fee: 6.0% on a co-brokered lease
4.0% if no cooperating broker
Typical Management Fees: 4.0 - 6.0% of the Gross Monthly Income
(Compared to a fixed price per square foot, a percentage derivative better aligns leasing and occupancy incentives.)
For more information, please contact Stephen at sdahlem@steelepropertymanagement.com or 919-438-2408.