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YEARS OF SERVICE: Over 10
SQUARE FOOTAGE:
482,538

The PlayhouseSquare Real Estate Services team was hired in 1999 to perform Asset Management and Property Management services for a 480,000 square foot muti-tenant office building with first floor retail, and to increase the value of the real estate holdings- thus creating and sustaining a positive environment in the PlayhouseSquare district.

SERVICES PROVIDED
Asset Management Services
Property Management Services
Construction Management of Tenant Improvements and Building Improvements
Lease Administration
New Lease Negotiations
Operating and Capital Plans
Financial Analysis and Administration
Emergency and Environmental Risk Management
Tenant Relations
Real Collection and Litigation
Tax and Insurance Management and Appeals

RESULT
PlayhouseSquare Real Estate Services increased occupancy from 60% to 80% and the IRR to over 8%.

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