Smith/Packett’s Asset Management division initially was created to provide professional asset management services capability for the properties it owns. These services are also available to investors who prefer to use Smith/Packett’s professional asset management services to oversee their properties.
Smith/Packett’s main objective in providing professional asset management services is to increase property value, safeguard its investment, and keep its tenants satisfied. Smith/Packett can support commercial property owners with a comprehensive range of services that include:
Collect rents and other income from tenants, maintain tenant files, produce monthly financial statements, formulate annual budget, maintain security deposits and pay vendors, utilities and other expenses in a timely fashion.
Oversee routine maintenance and evaluate vendors, equipment and supplies to ensure the property is operating in a safe and efficient manner.
Continually and aggressively market available space. Prompt responses to tenant needs, questions, concerns and emergencies.
Provide timely updates and recommendations on rental rates, analyze market trends, and lease negotiations.
Supervision of capital improvements and space planning consultation.