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

RVA Industrial Market Review: Buyers, Developers Attracted to Market As Local Users Expand

September 5

Porter Realty Company was selected to contribute the industrial market review for the August 2018 issue of Southeast Real Estate Business.  Click “press release” link below to view the entire article. “Local expansion has remained strong, a trend consistent with the Richmond market, and regional and national companies with an existing presence in the area have also announced expansions. The metro…

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Becknell Industrial Plans New Airport Area Warehouse Complex

July 10

From Richmond Times-Dispatch:  A four-building industrial warehouse complex is being planned for South Laburnum Avenue in eastern Henrico County. Becknell Industrial, the Indianapolis-based developer of warehouse distribution centers across the nation, is developing the four-building site totaling 805,190 square feet at 6101 S. Laburnum Ave. — on property across the street from the Mondelez International…

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Former Southside Builders Supply Facility Sold

June 25

The 40,242 SF office/warehouse complex at 20 Westover Hills Boulevard, formerly home to Southside Builders Supply, has sold to Azul Properties LLC for $1,750,000.  The Richmond City complex includes a total of five buildings on 8.75 acres, and is located just north of Route 60/Midlothian Turnpike.  Porter Realty’s Byron Holmes handled the marketing of the…

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“We were delighted to have your strategy on pricing help us to sell the building for 27% over the appraised value.”

Executive Vice President, Medical Society of Virginia