Price Edwards and Company is one of the largest, most knowledgeable and experienced commercial real estate service firms in the Southwest.
Our clients have included financial institutions such as John Hancock Life Insurance, Cornerstone Real Estate Advisers, General Electric Capital Corporation, Teachers Insurance and Annuity, pension funds, local partnerships, investment groups as well as corporate owner occupants looking to maximize the operating efficiencies of their real estate assets.
Price Edwards and Company's greatest resource is its ability to balance owner objectives and tenant needs. This facilitates turning a stale investment in to a healthy venture and transforms a liability into a viable asset. The result is one which maximizes the immediate yield and promotes long term capital growth. The keys to our success in property management are effective planning, careful cost/benefit analysis, prudent handling of expenditures and creative approaches to enhancing revenues.
The retention of tenants is one of our most important goals. This is the "acid test" in determining property management effectiveness. To date, Price Edwards and Company has a tenant retention ratio of over 90%. This critical aspect avoids the interruption of revenue streams as well as the retrofitting expense associated with a new tenant. By responding to tenant needs promptly and courteously we earn their respect and loyalty. By keeping the property attractive and well maintained we promote the attraction of new tenants as vacancies do occur.
Another critical aspect of our modern property management approach is our effort towards energy conservation. Price Edwards and Company is a leading force in the institution of thorough preventive maintenance programs. Our supervisors and on-site engineers have the experience, training and certification to deal with almost any mechanical problems which may arise. This ensures uninterrupted heating and cooling to the building, peak operating efficiencies, the longest possible life of the equipment and lowest utility costs in commercial real estate.
Communication with the owner is an integral part of our formula. By creating thorough, accurate and timely financial reports our owners are assured of knowing exactly where their investment stands. Our staff is experienced at all facets of the reporting process and has the flexibility and expertise to meet any specific reporting requirements.
In summary, Price Edwards and Company offers the very best in first-class commercial real estate property management services. We have the training, the personnel and, above all, the track record to assure the property receives the attention it deserves and yields the maximum investment returns.