Commercial Property Management

FirstService Residential CEO David Diestel discusses how we support board members with community lifestyle and hospitality programs, financial services, sustainability, resiliency, and more.

Whether you are on the board of a homeowner’s association, co-op, condominium, master planned community, or luxury high-rise, we understand that you have a vision for your community. Our unmatched local expertise and world-class resources allow us to provide exceptional service to our communities.

Commercial centers, such as workplaces and retail complexes, can sometimes feel like your home away from home. While creating a safe environment for visitors is critical to the success of these commercial spaces, it also takes a skilled property management company in order to ensure their continued viability.

But what is commercial property management?

Commercial property management is the process of overseeing and caring for a commercial property, such as an office building, shopping center, or industrial complex. The property management company is responsible for a wide range of tasks, from maintaining the property and keeping it in good condition to marketing and attracting tenants. In addition, management must ensure that the property complies with all local laws and regulations.

FirstService Residential is proud of our successful track record for providing full-service commercial property management services across North America, leveraging many of the same successful principles we developed for thousands of residential communities in the U.S. and Canada.
Working closely with each association, we tailor our proven programs and services to streamline operations, maximize curb appeal and enhance ROI and value for a wide variety of commercial properties, including mixed-use developments, business office parks, commercial condominiums, live/work/play communities and master retail centers.   

Our commercial property management services include:

  • Accrual-based financial reports and phased budgets
  • Cash flow statement on a rolling 12-month basis until project completion
  • ACC procedures and build-out planning
  • Evaluating community management structures
  • Review and assessment of condominium covenants and bylaws
  • Creation of policies and procedures for new and future buyers
  • Long-term deferred maintenance issues
  • Combined buying programs and negotiated vendor pricing to lower costs for third-party services

Learn more about how FirstService Residential’s tailored services can enhance your commercial property.

Get the Latest News and Resources

Receive valuable insights and informative resources for your community! Sign up below.