Lease Administration in Maryland, Virginia & the DC Area
Lease administration services eliminate the time and effort it takes to manage leases, leaving you free to embrace other business opportunities.
If you own commercial property, you likely don’t always have the time or experience to handle day-to-day tenant issues like lease administration. Coakley Realty offers commercial property management services in Northern Virginia, Washington, DC, and Maryland that are tailored to your specific needs.
What to Expect From Commercial Property Lease Administration Services
One of the most essential elements of commercial real estate management is proper lease administration. Coakley Realty takes the pain out of lease administration by staying on top of every lease detail, ensuring your lease records and legal documents are current and accurate. Clients and tenants alike can rely on us to help them understand the intricacies of commercial leases, including various areas of responsibility.
Commercial property lease administration services we offer include:
- Lease abstracts
- Collection of rents, security deposits, and other tenant charges
- Monitoring of compliance issues
- Legal document collection
- Certificates of insurance
- Tracking lease options and renewal dates
- HVAC maintenance contracts
- Grease collection contracts
- Assessment of late fees and rental increases
- Common area operating responsibilities
- Parking allotments
- Interpretation of responsibility
- Legal notices and enforcement, including tenant default notices
- Fund disbursements
- And more
Coakley Realty’s years of experience and depth of knowledge in lease administration services enable us to clarify, negotiate, and resolve commercial lease issues efficiently and effectively.
Why Use Commercial Property Lease Administration Services?
As every commercial property owner knows, the obligations go far beyond renting space and collection rents. There are insurance requirements, operating expenses, maintenance, repairs, parking, signage, termination rights — and the list goes on. A licensed, reputable, and well-established lease administrator for your Northern Virginia, Washington, DC, or Maryland based commercial real estate property is the right choice to manage tenants and mitigate potential risks. If you have multiple leases, well-placed lease administration can get and keep you organized so that lease adherence is maintained.301-340-8700
Broad Commercial Property Management Experience
If you have commercial lease obligations that are vital to your organization’s operations, they must be managed thoroughly. Lease administration ensures your rights and obligations are met and maximized.
Based in Rockville, MD, Coakley Realty is a reputable property management company with proven processes for a wide range of commercial property management services. For nearly a century, our agents have offered Northern Virginia, Washington, DC, and Maryland based commercial property owners the assistance they need through every stage of the commercial property management process, including lease administration. We have the experience and expertise it takes to make smart commercial lease decisions on your behalf.
Are you looking for a property management company with the expertise and experience necessary for your Washington metropolitan area commercial property? Contact Coakley Realty online or call us at 301-340-8700 today.