Retail, Office, and Medical Portfolio Management

In May 2016, Bradley Company was contacted to provide property management and brokerage services for a large portfolio of properties which included five (5) retail shopping centers, two (2) office buildings and one medical building located in seven (7) cities throughout the state of Indiana.

The client needed someone to take over the property management and brokerage services of these assets simultaneously with a single point of contact. They also needed a firm bid within two weeks as the agreements with their current provider were expiring.

Location

Northeast / Northwest / Central Indiana

Property

Portfolio of Properties

Services

Commercial Management

SOLUTION

Bradley Company’s management, maintenance and brokerage teams from three branch offices (Fort Wayne, South Bend and Indianapolis) devised a plan to inspect each of the client's properties. The team determined the strengths and weaknesses of each property and compiled a comprehensive proposal for property management and brokerage services. This was accomplished with a detailed proposal sent to the client within ten (10) days.

RESULTS

The client's executives, impressed by the speed and quality of Bradley Company’s proposal, turned over the entire eight (8) property portfolio to Bradley Company for property management and brokerage services. Each of the three Bradley Company branch offices worked together efficiently by selecting a single point of contact for the owner, which saved time and eliminated duplications. The partnership between our two companies has been both rewarding and effective in generating results to bring the greatest possible return on the client’s assets. In the following months:

Bradley Company used their technical knowledge and expertise to inspect each property to determine the condition of the mechanicals, electrical systems, roofs, parking lots, building exteriors and devised a five (5) year capital improvement plan.
Analyzed all existing vendor contracts to ensure the properties were getting the best service and pricing.
Performed a complete market study of each region to determine what the market rates for similar assets were and to ensure that the client's properties were properly priced to bring in the best possible rental rates.