Commonwealth Real Estate Services
Services
Property & Asset Management | Marketing / Leasing | Acquisition / Disposition
Property & Asset Management
- Real Estate & Market Assessments
- Strategic Planning/Project Positioning/Repositioning
- Acquisition/Sales Coordination
- Project Financing
- Budgeting/Accounting/Control
- Property Management
- Marketing/Leasing
- Project Development/Redevelopment
- Public Relations
- Tenant Relations
- Construction Management
- Energy Management
- Security
- Tax Analysis/Administration
- Parking Administration
- Preventative Maintenance Programs
- Risk Management
- Vendor Contract Negotiations
As real estate specialists with approximately 2 million square feet of commercial property in our current portfolio, Commonwealth has extensive experience dealing with every facet of building ownership, leasing, management and development. The firm has assisted a number of property owners in developing strategic plans to maximize the value of their assets. Our extensive experience in marketing, management and development as well as repositioning, acquisition and disposition, has given the firm the ability to resolve complex real estate challenges, provide objective counsel to clients and add value in the process.
The CRES team believes in long-term relationships with both the owners and tenants of our managed projects. Every day our managers balance ownership goals with tenant expectations. Owner-clients and tenants alike take advantage of these services with our locally based property management team.
Marketing / Leasing
- Market Assessment
- Project Assessment
- Investment Market Assessment
- Repositioning Strategy
- Marketing Plan Development
- Broker Relations
- Tenant Prospecting
- Lease Negotiations
- National Tenant Program Coordination
- Public Relations
Commercial real estate held for investment purposes achieves maximum value and liquidity only when it is well leased.
Leasing represents the most significant area of risk for most property owners. Commonwealth has a proven track record of successfully negotiating thousands of new and renewal leases representing an aggregate rental stream in the billions of dollars. Our in-house marketing professionals have the kind of hands-on experience that leads to incomparable leasing and marketing success. From developing effective marketing materials, advertising and events to structuring and negotiating leases and brokerage agreements, closing transactions and coordinating tenant move-ins, the Commonwealth leasing team provides property owners with a fully integrated marketing and leasing program.
Acquisition / Disposition
- Property Evaluation
- Market Analysis
- Strategic Planning
- Risk Analysis
- Building Pro Forma
- Cash Flow Pro Forma
- Investor Pro Forma
- Financing
- Closing
Commonwealth has an active property acquisitions program that targets quality real estate with significant development, leasing or property management risks to which the firm's development and management expertise can be successfully applied.
Commonwealth also offers clients the opportunity to tap into the firm's cumulative market and product knowledge in evaluating and structuring real estate acquisitions and/or dispositions. Representing a full range of disciplines from financial engineering, marketing and leasing to construction, engineering and property management, the Commonwealth team works closely with clients to assess their acquisition/disposition goals. The team fully evaluates the potential of individual properties to determine whether they meet the clients' stated objectives with regard to risk and return parameters. Commonwealth identifies capital expenditures, leasing risks, pro forma investment returns and recommends a purchase price.