Property Management

We offer a dedicated lease administration and property management department with a suite of services that can be customized to suit the specific needs of the client.

Property management services include:

  • Rent collections and commission distributions
  • Review and analysis of lease terms and conditions
  • Tenant up-­‐fit and building renovation projects
  • Preventative maintenance and site inspections
  • Vendor contracts and renewals
  • Monthly cost reporting summaries and annual expense reconciliations
  • Capital expenditure planning
  • Tenant work orders, ledgers, and correspondence

Recent News

Mount-It! to Invest $7.45MM in Prince George Operation

October 2

Mounting solutions distributor Mount-It! will invest $7.45 million to establish its first East Coast warehouse and distribution facility in Prince George County, creating 85 jobs.  Headquartered in San Diego, the company recently purchased the 50,880-square-foot facility at 5851 Quality Way in the Southpoint Business Park for $2,350,000.  Virginia competed with Delaware, Kentucky, North Carolina, and…

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RVA Industrial Market Review: Market Maintains Momentum

September 20

Porter Realty Company was selected to contribute the industrial market review for the August 2020 issue of Southeast Real Estate Business.  Click the “press release” link below to view the entire article. “At the mid-year mark, industrial occupancy in the greater Richmond area remains strong, closing with an overall occupancy rate of 92 percent in…

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Ashland Industrial Building Sells for $2.7MM

August 3

The 52,000-square-foot industrial building at 11250 Hopson Road in Hanover County has sold for $2,756,000.  The building sits on more than 3.6 acres of land.  Green Air Inc. purchased the property with plans to relocate its operation into 28,000 square feet of the building.  Porter Realty’s Kevin Cox handled the marketing and sale negotiations on…

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“While incorporating your real estate expertise with your affiliation with CORFAC, we have been able to complete transactions in North Carolina, Atlanta, California, Pennsylvania, Richmond and Maryland.”

Director, Cadmus Communications