Property Management

Our commitment to our projects doesn’t end once the property is completed. Lockwood Development stays involved by professionally managing our entire portfolio with a strong dedication to our tenants as well as our partners. Lockwood strives for detail and quality for our developments and feels the management of these properties needs to be the same. Our philosophy remains consistent whether we are managing for our portfolio or third party owners.

Our management expertise ranges from Class ‘A’ and ‘B’ office properties to retail, flex space and residential. Today, we manage over 500,000 square feet. Our primary focus is to maintain a high tenant retention rate through our commitment to our valued tenants. Our services include:

  • Regular communication with the owners
  • Strong tenant relations
  • Preparation of annual budgets
  • Financial reporting
  • Maintenance and repairs
  • Rent collection
  • Administration of real estate taxes
  • Capital forecasting and cash management
  • Year-end reconciliations and billing
  • Vendor services bidding and selection
  • Rent valuations and negotiations