We Make It Easy to be a Real Estate Investor
Commercial Property Management
At LBPM, we believe that properties ought to consistently thrive–no matter the condition of the real estate market. That’s why when it comes to your Los Angeles commercial property, our team of experts and professionals treat it more than just any other premises, but rather a bona fide real estate investment. We offer a full range of services for Commercial Property Management Los Angeles designed to meet all of your property management needs. Since 1989, LBPM has managed the growth and success of countless commercial property investments throughout the Los Angeles area. Whether you own an office building, shopping center, or industrial/manufacturing site, our team ensures the following while your property is in our hands and under our care. With more than three decades of experience in Los Angeles Property Management, LBPM is one of the premier commercial property management companies in Los Angeles.
For commercial property owners, your goals and success is our priority. In an especially competitive and segmented market such as Los Angeles, our team of professionals remain committed to running your property efficiently while also increasing the value of your real estate investment. At LBPM, our hands-on, client-centric approach to commercial property management guarantees satisfied tenants and stress-free property owners–so you can focus on growing your overall investment portfolio, equity, and wealth. To help you choose commercial property management company, our certified commercial property managers has compiled a list of tips and insights for a commercial property management.
Our Los Angeles Commercial Property Management Services
Let’s have a more in-depth look at some of our most popular commercial property services throughout the San Fernando Valley and Los Angeles County:
Expand Occupancy + Cash Flow:
At LBPM, our team specializes in creating targeted strategies that reduce vacancies and maximize occupancy for your commercial property. With our help, your commercial real estate investment will attract reliable tenants and tap into new markets with prospective tenants that are overlooked by more traditional methods. We combine cutting-edge digital tactics with proven efforts to guarantee ads and listings that secure stable occupancy and cash flow for your commercial property.
Conduct Lease Surveys + Market Research:
In Los Angeles, it’s important for your commercial property to not just remain relevant but stay ahead of the curve. That’s why our team of property management and commercial real estate experts consistently research your property’s market and surrounding areas for competitive lease rates that improve your bottom line while also remaining attractive to target demographics and prospective tenants.
Full Suite Of Property Maintenance + Makeover Services:
When you choose LBPM as your property management team, your commercial property gains access to our trusted partners and general contractors for renovations, add-ons, and even new construction projects! We’ve offered remodels and makeovers to a plethora of commercial properties throughout the Los Angeles area, increasing the value of a real estate investment while saving our valued clients time and money.
Financial Reporting + Bookkeeping:
In addition to on-site operations and construction, LBPM also provides administrative services that encompass accurate bookkeeping as well as monthly financial reports that give property owners a thorough breakdown of their real estate investment. Your finances matter to us. That’s why we’ve developed an online portal for property owners to gain access to information regarding payments, repairs, and other financial documents–anytime they’re needed!
Manage Employees + Vendors:
As your trusted commercial property management team, LBPM works closely with hired vendors to ensure that your commercial property benefits from skilled labor and cost-effective services that don’t exceed your budget. We take care of screening and monitoring employees while they’re onsite, evaluating completed jobs, and renegotiating contracts and/or fees to ensure that your real estate investment gains value.
Evaluations + Financial Advisement:
At LBPM, we don’t just take care of the minor details involved in managing your commercial property, we also look at the big picture when it comes to your real estate investment. Our savvy staff of professionals will evaluate your property and also recommend additional income opportunities for property owners to expand their real estate portfolios. Additionally, our evaluations will provide insight on how to cut operating costs and reduce any overhead to make your current properties for profitable.
The Challenges Of Commercial Real Estate + Property Management In L.A.
These days, both property managers and property owners can’t deny that commercial real estate is a tough and challenging market–especially in an ultra-competitive, urban area like Los Angeles. Commercial property owners are currently experiencing the following:
- Unprecedented vacancy rates
- Escalating costs and expenses
- Rising lease rates
However, at LBPM, we believe that your commercial property should be able to stand successfully on its own–no matter the market condition or forecast. That’s why we remain committed to providing the best property management services tailored to each and every property owner. Now more than ever, efficient and effective property management can set your commercial real estate investment apart.
Increase Your Commercial Property Value With Us!
Most of our new clients come to LBPM for the same reasons. The most common, of course, is pervasive vacancies and little hope of finding new prospects anytime soon. While leasing agents try their best despite challenging market forces, it really comes down to the product property owners offer their tenants. In fact, tenants should be considered “customers.” At LBPM, we fully understand that all customers and tenants need to be “sold” a valued product every day. That product is the property itself, and the services provided to tenants by management is tried and true “customer service.” Our team of professionals is aware that taking good care of the tenants and maintaining the property to the highest possible standards is the best strategy when it comes to tenant retention and growing overall value. Fewer lease terminations means less space to lease, and a well-managed property can give your real estate investment just the competitive edge it needs in the Los Angeles market.
Los Angeles Commercial Property Management Case Study:
We were selected for management of Fallbrook Office Plaza, West Hills after our client purchased this property. There was notable deferred maintenance upon close of escrow. We did complete refurbishment of the building, landscaping and re-skinning exteriors of aging infrastructure. Click here to read case study.
Satisfied Clients Throughout Los Angeles
Our Commitment to Customer Satisfaction in Los Angeles, CA
LBPM continues to manage the Fallbrook Office Plaza, which boasts occupancy and collectability of over 95% in a market that has been plagued by persistent 20% vacancy rates and collection loss.