Property Management for Industrial Buildings

As any industrial building owner knows, the challenge in leasing and managing industrial commercial property lies in its inherent versatility. A potential tenant could require a combination of office and retail-showroom with a large production or processing space. It could require special security, upgraded electrical requirements and have varying parking needs.

Hannay Realty Advisors brings its unique owner’s perspective to industrial/flex building management and leasing. Having owned and operated many industrial buildings over several real estate cycles, has enabled Hannay to develop a comprehensive industrial building management and leasing platform that will insure you maximize the returns on your real estate investment.

Whether the industrial project is large or small, single-tenant or multi-tenant, Hannay Realty Advisors has the diverse experience in industrial building management to effectively customize management and operational parameters to fit specialized uses of individual tenants.

Our value added services include:

• Outstanding customer service to both owners and tenants.
• State-of-the-art accounting and operational reporting to property owner-investors.
• Fostering tenant relationships that promote tenant retention.
• Full In-house maintenance capability utilizing 24-7 rapid response, effective prioritization and economical resolution.
• Bid, hire and consistent monitoring of all vendors.
• Property insurance and tax appeals at group rate discounts.
• Economical tenant improvement, use permits and construction management.

Leasing Management

Distribution center or high-tech manufacturing? A conditional use permit or hazardous waste removal? In today’s challenging Industrial real estate market with high vacancy, falling lease rates and real-estate-savvy tenants pushing landlords as far as they can, it takes a special combination of aggressiveness, flexibility and industry knowledge to entice tenants to lease at a particular industrial building.

At Hannay Realty Advisors, our lease management team has this unique combination of skills coupled with years of industrial leasing experience to retain tenants, attract new ones and to maintain overall property values by maximizing occupancy. Our lease management services include:

• Current market knowledge of lease rates, concessions and prospects.
• Creative & flexible lease negotiations that meet owners’ fiscal goals.
• Relationships and alliances with key area office brokerages.
• Comprehensive space planning, use permit applications & tenant improvement cost estimates.

As the industrial building market will surely get more challenging, having a company that can balance effective building property management with a leasing strategy that maximizes occupancy to meet an owner’s fiscal goals will require a unique combination of experience and expertise that only Hannay Realty Advisors can offer.