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

Becknell Industrial Closes on Land Parcel in Richmond

July 28

INDIANAPOLIS, July 27, 2021 (GLOBE NEWSWIRE)—Becknell Industrial is pleased to announce it has purchased an 83.37-acre parcel at the Sauer Industrial Center in the Airport submarket of Richmond, Virginia. The partnership between Becknell and Ares Management intends to construct two Class A industrial buildings totaling approximately 726,000 square feet. Building 1 will be a 446,692…

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VUU Acquires Warehouse Across from Football Stadium

July 7

News from RichmondBizSense: Virginia Union University has added to its real estate holdings in Northside, recently purchasing an industrial warehouse across the street from its Hovey Field football stadium. VUU paid $2.5 million for 1221 Admiral St., a 23,300-square-foot building between Admiral and School streets at their intersections with Currie Street. The transaction closed June…

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Blackstone VA Industrial Facility Sold for $1.9MM

June 17

Indian Oak LLC has acquired the 111,235-squafe-foot manufacturing/warehouse facility at 1033 Church Street in Nottoway County from Showbest Fixture Corp for $1,900,000.  The fully conditioned building includes 65,000 square feet of manufacturing space and 42,000 square feet of warehouse space on more than 18 acres with expansion potential. Robert Porter III handled the marketing and…

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“Your attention to details, and your persistence made a huge difference in making this transaction finally happen and close.”

Chief Financial Officer, Diamond Hill Plywood Inc.