Commercial Property Management & Leasing

Tamarack provides a full range of services required for successful operation of Commercial Real Estate investments. Over the last twenty-five (25) years, Tamarack has served ownership entities of Office Buildings, Retail Shopping Centers, Warehouses & Storage Facilities, and Single Tenant Retail Buildings. Typically our new clients need talented management to preserve and improve the value of their Real Estate Asset.

Tamarack prides itself on the ability to evaluate the lease structure most appropriate for the market in which the property resides, then to optimize revenue generation through negotiated lease terms utilizing “triple-net” or “gross” lease terms with existing and new tenants. Often new or renegotiated leases require tenant improvements that allow for building updates as well as long-term tenant satisfaction. Tamarack has creatively negotiated funding for these improvements through tenant, owner and third party financed avenues. Tamarack’s services, which exceed the scope of basic Property Management Services, may be more accurately described as Asset Management Services.

Services We Provide

Evaluation...

  • Review of the physical structure and identification of strengths and weaknesses
  • Review of building position within the market currently served
  • Review of existing lease structure and potential lease structure
  • Review of current operation expense and potential expense structure

Day-to-Day Operation...

  • Establishment of sound building management staffing
  • Tenant relationship management
  • Physical plant operation and maintenance program
  • Financial reporting according to GAAP

Leasing...

  • Preservation of existing Tenant base
  • Lease negotiation with existing Tenants for mutually beneficial terms
  • Conversion of lease structure to “net” lease terms to optimize asset value
  • Marketing of vacant space to maximize occupancy with appropriate lease terms

Construction Management...

  • Provide services required to identify architects, engineers and other professionals necessary for preparation of scope work
  • Prepare Request for Proposal (RFP) documents and manage the bidding process
  • Award construction contracts and execute contracts
  • Oversee work progression and arrange for inspection
  • Close-out projects and prepare final payments