6C — August 30 - September 12, 2013 — Shopping Centers — Mid Atlantic Real Estate Journal
www.marejournal.com
S hopping C enterS
Breaking New Ground
re you a property owner who likes to be involved in the day to day activ- By Eric Stankiewicz, ROCK Commercial Real Estate Is property management for you? A off) as you want to be. Property management ser- vices usually include:
The professional team of
B.R. Kreider & Son will work for you during your next building or expansion project: Excavation Paving Site Management Site Utilities
Maybe you are someone who realizes that owning real es- tate is an essential part of an investment portfolio but acquiring tenants and keeping up with maintenance are not your thing. You are a numbers person who enjoys budgeting and paying invoices. Facilities management would be a smart choice for your needs. On the other end of the spec- trum,maybe your background is problem solving. So you are one who likes to discuss the daily activities with a contractor who has been there to fix something for you. You are more hands on, but you don’t know your abacus from a debt-to-equity ratio. Let the professionals handle your lease administration needs and you won’t need to spend your time or energy wrapped up in accounting work. Maybe your goal is to buy a house in the south where your biggest concern each day is what time high tide will be, or when your next tee time is. Of course there are full service op- tions in property management that would be perfect for you. Whether you require a little bit of property management, a full plan, or anything in between, you need a company who can be flexible and work with you to help you achieve your goals. So, is property management for you? Request more details about ROCK Commercial’s property management services. Eric Stankiewicz, ROCK Commercial. n Calkain Cos. closes threepropertyNNN Krystal restaurant portfolio WASHINGTON, DC — Calkain Cos. based in DC, represented the buyer and seller in a three property Tampa, FL Krystal Restaurant portfolio. David Sobelman , executive VP and Emily Cusmano, asso- ciate, represented the buyer, a 1031 client under an agreement with Calkain. Patrick Nutt , managing partner at Calkain, represented the seller of the portfolio. Nutt stated “This transaction was a corporate sale-leaseback, which was just one step in a larger transaction. The Krys- tal Co. bought out one of their franchisees, and in doing so, acquired ownership of the three locations. n
Earn a LEED Innovation Credit by using
ity associated with the as- sets in your portfolio? Or are you the kind of person who wants to invest money in a project and f o r g e t
* Lease Administration * Facilities Management * Asset Management In my experience, I have found that no two clients who own property are alike in their needs and goals. Therefore, it makes sense to customize property management services to allow for maximum flexibil- ity. Instead of trying to make a system work for a client, I am seeing more and more that a company must be flexible and adapt to the client’s changing needs.
B.R. Kreider & Son, Inc.
Over 75 years of experience in commercial and industrial site
managementwill put your new project on a solid foundation. Before you break new ground, visit www.brk reider.com
Eric Stankiewicz
about it – let others handle the details? Either way, the right property management plan can help you achieve your financial goals, while allowing you to remain as hands on (or
63 Kreider Lane Manheim, PA 17545 (717) 898-7651 www.brkreider.com
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