Commercial Property Management Services
Suntide manages commercial real estate throughout the greater Twin Cities area including the suburbs surrounding it; such suburbs as Rochester, Otsego, Cottage Grove and more. Our portfolio consists of over 2 million square feet of retail strip centers, office, industrial, medical and mixed-use buildings. We manage and lease real estate for many third-party investors, including individuals and families to large REIT investors. Suntide also manages and leases our own real estate; this is how we’re able to treat each property we manage as if it were our own!
Our property managers pay attention to the details; from aesthetics to construction, making sure the property is clean and presentable to ensuring that the structures and mechanicals are maintained and in good condition. We perform frequent site visits to inspect each property from top to bottom. During our tours we visit with the tenants, walk the property and meet with vendors and maintenance personnel. Our management services include:
- Responsive, prompt and conscientious communication with tenants and clients
- Perform preventative maintenance programs
- Quick responses to building issues
- Emergency on call systems: 24 hours a day, 7 days a week
- Complete site inspections performed bi-monthly, or more frequent, if needed
- Working relationships with vendors who perform quality work at reasonable rates
- Maintain current insurance certificates for both tenants and vendors
- Complete in-house Notary services for our Tenants and Clients
Our 30+ years of experience has taught us a great deal about tenants, their business, what makes tenants successful and what we can do to help. We work closely with clients to ensure that their property is being maintained and managed to their expectations. Our ability to manage a building from top to bottom continues to provide local and out of state owners’ peace of mind.
We carry an “A+” Rating through the Better Business Bureau to help support our claims. Suntide also enjoys the coveted Accredited Management Organization certification which provides additional security and peace of mind for the many property owners and tenants we work with.
Our financial services stand above the rest. We dedicate one accountant to each property so that we can provide our clients with the most current and accurate information regarding their investment. Suntide’s accounting services are all inclusive, from daily rent collection and paying bills to analyzing financial statements and creating budgets. We distribute a complete set of financial statements and property management reports to each client monthly; this detailed book includes:
- Balance sheets and operating statements
- Accounts receivable and payable reports
- Detailed general ledger
- Variance reports
- Bank and mortgage statements
- Budgets compared to actual
- Rent rolls, lease expires, occupancy and vacancy reports
- Property tax details
- Insurance summary
- Property management summary
Suntide provides complimentary accounting services to our clients that other firms charge for, such as processing annual 10-99’s and compiling and paying sales/use tax. We also work closely with your annual auditors and year-end tax preparation accountants, balancing our books to theirs. In addition, we will begin the real estate tax appeal process and correspond regularly with your tax appeal attorney, fighting for you to obtain tax credits and reductions on your properties.
Suntide’s maintenance team far exceeds others in our field. We are unique in the fact that we have framers, painters, mudders, tapers, tile specialists, HVAC technicians and general building maintenance on staff. From Tenant and building improvements to general overall building repairs and maintenance, our team is highly skilled and very conscientious. Being investors ourselves we understand the importance regular building maintenance and getting the job done efficiently; we’re able to keep costs down on the project to impact your bottom line. Our maintenance team has been imperative in our efforts to reduce energy costs, which allowed our buildings to receive the prestigious awards such as Energy Star and the mayor’s award for the #1 building over 100,000 sf in the City of Minneapolis with the lowest energy consumption.
Let the day to day worries of stress of your investment rest in our hands; it’s what we do! Give us a call at 612-603-0321 or send an email to email@example.com for a free quote.