Property Management
Property Management controls the operations of a portfolio of office, retail, mixed-use, medical and industrial buildings throughout the Carolinas. Merrifield Patrick Vermillion uses these services for its own properties and makes them available to third-party clients. Property Management maintains attractive properties, ensures high tenant retention rates and maintains high building occupancy. This provides property owners with above average returns on their investment and maximizes property values. Property Management:
- Maintains buildings and grounds
- Implements capital improvement programs
- Improves returns on capital
- Collects rent
- Reports finances to the building owners
- Budgets building income and expenses
- Leases available space
The depth and breadth of our expertise enables us to produce innovative and cost-effective solutions to any property management issue. Merrifield Patrick Vermillion currently manages a portfolio with a capital value in excess of $80 million including over forty properties with more than 125 tenants.