Do all property managers operate alike? No! Who pays for the lackluster attitude of many property managers? First the tenants, and then the owner through increasing vacancy rates. How is Summit Team different? Summit Team has been in the commercial property business for over forty years, with additional experience as developer/owner and manager of company owned commercial properties. It is the first-hand insight and decision-making based upon "the owner’s best interest" that sets Summit Team apart from most management firms.
Our experience covers every aspect of the business: site selection, development (over $150,000,000) and construction, finance, leasing, property management (over 6,000,000 square feet), rehabilitation, redevelopment, and sales. This experience has taught us that by far the most important aspect of commercial property management is leasing and tenant retention. Without a dynamic leasing and tenant retention program, cash flow to the center decreases and, as a result, the value of the center diminishes. More importantly, it is because of our extensive experience that Summit Team and/or its principals have been selected or approved for the following distinctions:
► Chosen by Bank of America to manage at one time eight shopping centers valued at more than $50,000,000.00.
► Selected by the Superior Court in Orange, Riverside, Los Angeles and San Bernardino Counties as a court-appointed “receiver.”
► Picked to manage shopping centers by the following institutional owners: Wells Fargo Bank; Crossland Savings; California Federal Bank; GMAC; J.E. Robert Company; Amresco; Archon Group; Koll Company.
► Approved by financial institutions such as Greenwich Capital Market, Deutsche Bank, Key Bank, Union Bank of California, and Bank of America to manage commercial real estate.
While keeping the owner’s best interest as the utmost of importance, we have been able to develop programs that keep tenants happy with the commercial property management team. We address the difficult questions, such as:
“Business is slow, what can I do?”
“Why are your CAM charges so high?”
“We have no money to advertise. What are our options?”
At Summit Team, we understand that each commercial property has a different set of circumstances that makes it special, and it is through our many years of dealing with tenants from an owner's perspective that have given us the insight on the best possible way to solve these problems. Furthermore, we want the owner, especially, to regard us not simply as the manager of his or her property but as a member of his or her team he or she can trust to create a mutually successful shopping center for both the owner and the tenants.
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17165 Newhope St., Ste., H, Fountain Valley, CA 92708 - (714) 241-1550 -
summitteam@summitteam.com | Copyright 2009 Summit Team, Inc.