July 30, 2010  
 

 

The Property Management Equation

by Charles F. Thomas, CPM

The Krauss Organization believes effective commercial property management is central to maximizing property value for the owner/investor. Included within our property management philosophy are the leasing and marketing disciplines required to provide the property owner with a complete synergistic and personalized approach to maximizing property valuation.

Our property management services are personalized and systematic, and include components such as diligent rental collection efforts, tenant satisfaction and retention programs, comprehensive budget and pro forma production, preventative maintenance programs, rehabilitation and construction management, responsive service vendor management and oversight, full-service property accounting and financial reporting, and lease and contract negotiation expertise.

Property management is people providing service to people. The Krauss Organization's philosophy is to identify and employ experienced management and support staff, personnel focused on providing service to the client. In our business, the client is both the owner/investor and the tenant. The property management department is headed up by a Certified Property Manager with over 15 years of experience managing office buildings, office parks with flex space, shopping centers, warehouse/distribution facilities, and industrial property. We utilize the Timberline Property Management Accounting System. Our documentation and reporting delivers accurate, on-time reports that are formatted to the clientıs specifications.

Our goal is to focus our management expertise to add value to the investment property by increasing its net operating income. The leasing program focuses on achieving optimum occupancy by obtaining qualified tenants at the maximum attainable rental rate based on local market conditions. Diligent operational management focuses on providing quality service to the tenants and achieving cost-effective property operating expenses. The end result is an increase in net operating income and, therefore, a higher capitalized property value.

 

 

NOTICE TO BROKERS AND PROSPECTIVE PURCHASERS/TENANTS:
THE MATERIAL CONTAINED IN THIS OFFERING IS FURNISHED SOLELY FOR THE PURPOSE OF YOUR CONSIDERATION TO PURCHASE/LEASE THE PROPERTY CONTAINED HEREIN, AND IS NOT TO BE USED FOR ANY OTHER PURPOSE WITHOUT THE EXPRESS WRITTEN CONSENT OF THE KRAUSS ORGANIZATION OR THE OWNER. THE MATERIAL IS BASED ON INFORMATION OBTAINED BY OWNER AND ON INFORMATION OBTAINED BY THE KRAUSS ORGANIZATION FROM SOURCES THEY DEEM RELIABLE. THIS IS A SUMMARY OF PERTINENT FACTS ON THE PROPERTY AND IS NOT INTENDED TO CONTAIN ALL OF THE INFORMATION DESIRED BY A PROSPECTIVE PURCHASER/TENANT. PROSPECTIVE PURCHASERS/TENANTS SHOULD MAKE THEIR OWN INVESTIGATION AND CONCLUSIONS WITHOUT RELIANCE UPON THE MATERIAL CONTAINED HEREIN. NEITHER OWNER NOR THE KRAUSS ORGANIZATION, NOR ANY OF THEIR OFFICERS, EMPLOYEES OR AGENTS MAKE ANY REPRESENTATION OR WARRANTY EXPRESSED OR IMPLIED AS TO THE ACCURACY OR COMPLETENESS OF THIS OFFERING.

Phone: 813.885.5656
Fax: 813.281.2356
Email:tampa@thekraussorg.com
711 N. Sherrill Street
Tampa, Florida 33609
Website: www.thekraussorg.com