Information contributed by Laurie A. Peters, Senior Property Manager of NAI Ruhl Commercial Company
Property Management is the foundation of profitability and value of a real estate investment.
With over 1.6 million managed square feet of office, retail, institutional and industrial space throughout the Quad Cities and surrounding area, our property management team is recognized as the leading commercial management firm by a wide variety of individual and institutional clientele.
With a unified team, we are able to harness the combined creativity and drive to produce superior quality service and results as proven through one of our many case studies.
The 120,500 square foot property was purchased by a large national real estate landlord based in Dallas, Texas, in June 2016. At the time of purchase, Ruhl Management Services was brought on to do an extensive examination of the five-building property. Our management team discovered numerous deferred maintenance items, along with many tenants disgruntled about the deteriorating property conditions.
Our management team acquired bids from knowledgeable vendors in order to show immediate improvement to the facilities. Maintenance updates included extensive landscape enhancements, repairing and resealing the parking lot, as well as power washing the exterior of the building and cleaning all windows. Life safety equipment also had been neglected. Our management team installed exit signs and emergency lighting in common areas, along with exterior lighting, repaired time clocks, and replaced light bulbs throughout.
Currently, Ruhl Maintenance is on-site twice a week to ensure the property is kept to proper standards. Working closely with the Ruhl brokerage side of our company, the ownership enjoyed the signing of two new leases, along with several lease renewals including a major 9,100 square foot tenant. Additional improvements are planned for the property in 2017, as management and brokerage work closely with the ownership.
Call 563-355-4000 today for a quote on how we can help make your property more profitable. We are here, so you don’t have to be.