Smart building technology is changing how many new buildings operate, but it’s the “nuts and bolts” software of property management – the accounting and maintenance functions – that every landlord can benefit from.  It provides financial and operating data to owners in real time, leaves an accurate “paper trail”, and ensures that maintenance is budgeted for and completed on schedule.

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Learn what you should consider before you begin to negotiate a commercial lease renewal: when to start negotiating, the information you need at your fingertips, and examples of lease term errors that can make a big difference to your bottom line. 

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Some owners question the need to invest in tenant retention when it’s a landlords’ market. But at some point the market will change – it always does – and when it does, if you haven’t invested in your building, you will suffer a double-whammy: you’ll need to upgrade to attract new tenants, and you’ll have less money to do it with due to an increased vacancy rate. Even with an older building, creative thinking and a 7-year plan can keep you competitive…

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In this market, when all buildings are being closely scrutinized by insurers at renewal time, it’s more important than ever to improve your building’s risk profile to negotiate the best available terms. We break down some of the reasons behind the high cost of premiums, and give you some pointers on how to improve your rating.

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Not every property manager has the same skills and training – and many landlords don’t know this. If you’re not getting the results you need from your property management company, it may be because the property manager they’ve assigned to your building doesn’t have the right skill set to optimize your asset…

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Transpacific was featured in a January 2021 article in Western Investor that explains what a commercial property manager can, and should, be doing for you… “Top Benefits of hiring a commercial property manager: They approach your company with a business mindset – driving assets and revenues They offer unbiased leasing advice Property managers provide an …

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