Leasing comparables help commercial property owners operate the properties they own efficiently and maintain maximum occupancy rates. Pacific Rim's years of experience and relationships with other local leasing professionals, enable us to provide our clients with accurate rental comps. Accurate rental comps and local market expertise empower us to attract quality tenants, minimize vacancies and maximize the return on investment of your property.
Tenants do everything online today. Searching for commercial property is no exception. Over 88% of tenants report they search for their next rental location online. Pacific Rim utilizes the best online listing services to advertise your property to connect with our next tenant faster, minimizing the time on market and maximizing the occupancy rate.
Selecting tenants for your property is one of the most crucial decisions that you will make to protect your investment. Count on Pacific Rim's elaborate tenant screening process to help select tenants that are:
Representing a legitimate company
A good fit for the building/property
Selecting outstanding tenants is crucial for investment property owners. Retaining quality tenants is just as important. Some of the benefits we provide for our clients via our tenant retention program are:
Income stability: Increasing or sustaining stable cash flow without the undue pressure of excessive vacancy risk.
Keeping the better tenants in the property: We are a firm believer that good tenants attract good tenants. There are some real costs to relocation, and most tenants would like to avoid those costs. Pacific Rim is proactive with our lease offerings to existing tenants as they near the end of a current lease. Maintaining professional tenant relationships and open communication are an important part of how Pacific Rim keeps tenants in the properties we manage.
Reduce turnover costs: Practically every commercial property turn-over is associated with tenant improvement costs and leasing fees. Keeping the better tenants at the property helps eliminate unnecessary expenses for the property owner, and for the tenant as well (ie, relocation and letterhead costs).
Professional, fast and reliable business maintenance services are essential for every commercial office and business owner. Our goal is to ensure our clients and our tenants are 100% satisfied with the work we perform, whether it be a minor repair or a turnkey tenant improvement project. Pacific Rim Maintenance Solutions provides a wide range of handyman services to keep your property operating at its full potential.
Property inspections are vital for any type of property. Pacific Rim's commercial property inspections are utilized to.
Document the Condition of the Property: We examine and document the overall condition of the property to document any lease violations, maintenance needs or recommended improvements.
Protect your Investment: Real estate, in any form, is never a minor investment. Though there are many benefits to investing in real estate, it doesn’t change the fact that real estate investments involve substantial sums of money. Regular commercial property inspections can go a long way toward protecting your investment.
Save Money: Problems with the building that aren’t caught in the early stages can escalate to significant proportions. The larger a problem is allowed to grow, the more expensive it will be to repair. Our thorough property inspections help to catch potential issues that enable us to make necessary repairs while they remain relatively inexpensive and rather minor.
Accessing and interpreting accurate data is essential to running any business. Pacific Rim teamed up with the industry-leading property management software provider Appfolio to provide our clients with accurate real-time data. We offer an owner portal that facilitates 24-hour access to the reports and insight you need when you want it. In addition, we provide monthly statements, year-end statements, and 1099s for tax reporting purposes.