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 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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Power Systems Expands Diamond Area Footprint

March 5

From Richmond BizSense:  Power Systems & Controls, a 53-year-old company that supplies power products to Fortune 500s and federal government agencies, is expanding its operations at 3206 Lanvale Ave. to an adjacent building it purchased in November. The company bought the building at 3106 Lanvale Ave. for $1.66 million. The purchase price included $1.58 million…

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“Dick outperformed his initial recommendation in all categories… His commitment to fair business practices and common sense is reflected in the loyalty he has to his customers.”

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