MANAGEMENT PRINCIPLES

Profitability

The chief purpose of a real estate asset is to provide its owner with consistent, predictable and maximized profits.

Leasability

Good tenants are the lifeblood of any commercial property. A properly managed asset attracts good tenants and therefore minimizes expenses that come with vacancy and excessive tenant marketing.

Salability

With an optimized balance sheet, an enhanced physical appeal and satisfied tenants with long term leases, a properties valuation is maximized.

Terrafirma takes a unique approach to property management. With our hands on, relationship centered management style, we are truly connected to the properties we serve.

SCOPE OF SERVICES

Services will be tailored to fit your needs as an owner.

Accounting & Reporting

Highly detailed accounting covering all aspects of your property and routine customizable reporting on a monthly basis.

Association Management

Complete management of Board of Directors for office, retail or industrial associations. Administer board/annual meetings, enforce Condo Declarations, provide budgeting etc.

CAM Reconciliation

Common Area Maintenance, operating expense and property tax reconciliations on an annual basis.

Tenant Relations

Personalized approach to tenant management equates to higher tenant retention, satisfaction and property leasability.

Tenant Portal

Provide property specific online tenant portal for rent payments, maintenance requests and property documents.

Routine Property Inspections

Conduct monthly property inspections, guided by a property specific checklist. Items are documented and tracked.

Construction Management

Plan, manage and report all construction projects from tenant & capital improvements, to preventive & deferred maintenance.

Investment Performance Evaluation

Key Performance Indicators for your investment such as IRR, Cash on Cash, Equity Multiple, Cap Rate etc.

Acquisition, Leasing, Disposition

As managers, we become the expert of your property. This puts us in the best position to market, lease or sell your asset.

SOME OF OUR FAVORITES

Bahia 101

40,000 sq.ft. of new construction, 101 Freeway 3 story class A office suites with interior common lobby areas, covered parking and state of the art technology.

Union Hills Square

Investment asset management 12,000 sq.ft. of prime retail space in Glendale. Terrafirma has facilitated a physical and financial makeover resulting in a beautiful and profitable investment for our clients.

arrowhead grill retail property management

Claremont Center

Investment asset management for 10,000 sq.ft of new retail office hybrid space in Phoenix.

Park Lee Plaza

Property Management for 75,559 SF of credit tenant retail space in the heart of Phoenix

Scottsdale Ridge Business Center II

Association management for 70,000 sq.ft. of industrial/flex space in North Scottsdale.

Arrowhead Corporate Center

Developed by Terrafirma in 2007. 67,000+ sq.ft. of professional office and medical space. A unique corporate campus resulting in one of the most desirable office properties in Peoria, AZ.

Union Hills Professional Center

Association Management for 34,019 sq.ft of Medical/Professional office space on Union Hills Drive in Peoria.

hoa management for medical office peoria

The Offices at Sundown Ranch

Association property Management for 16 professional/medical office buildings in North Scottsdale.

Additional Properties, Addresses and Referrals available upon request.