Why Priority Properties?

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Rosanna Bond
10 years ago
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1 Why Priority Properties?

2 Agenda Experience Benefits Focus Economics Innovation Compatibility Services Available Sample of Locally Managed Assets Site Plan Example Key Objectives The Answer: Priority Properties

3 Priority Properties Office Locations STL STL CIN CIN

4 Priority Properties 52 properties in 10 states exceeding 2.5 million square feet! Ranked in the top ten in the St. Louis region. Representing individual owners, investors, and institutions. 40 Properties in 8 states totaling approximately 4.0 M SF of retail. Ranked in the top tenth in the St. Louis region. Representing individual owners, pension funds, developers, and institutions. Established in 1999 by Bart J. Margiotta.

5 Experience Qualified, trained, and experienced Asset Managers. Owner owned and operated, with over 32 years of commercial retail management experience. Knowledge of institutional owner management structure, and familiarity of corporate policies and responsibilities. Providing dedicated real estate professionals, able to find real estate opportunities.

Benefits Asset knowledge and understanding of ownership s expectations. Annual budgets and monthly property/financial reporting. Long-term tenant relationships. End-of-year recoveries.

6 Benefits Asset knowledge and understanding of ownership s expectations. Annual budgets and monthly property/financial reporting. Long-term tenant relationships. End-of-year recoveries. Accounting expertise and time-proven procedures. Emergency services available 24/7. Flexibility allowing for ownership to achieve financial goals. Intermediary between public interference and ownership s best interest.

7 Benefits (Cont.) Managing retail tenants concerns. Brokerage services. Rent collection. Maintenance and repair. Establishing best operating practices. Insurance. Emergency procedures.

Focus Placing ownership s economic interest as primary objective. Ability for owners to focus on additional projects and primary modes of business.

8 Focus Placing ownership s economic interest as primary objective. Ability for owners to focus on additional projects and primary modes of business. Increased on-site visits with economic and market condition comments from a consulting point of view for complete asset management. Diversification of risk. Increased controls for project owners. Single source of responsibility for all projects.

Economics Reduction in overhead, travel, and human resource expenses (training, benefits, disciplinary functions, etc.). Intangible benefits of best practices and flexibility.

9 Economics Reduction in overhead, travel, and human resource expenses (training, benefits, disciplinary functions, etc.). Intangible benefits of best practices and flexibility. Local influences and community involvement. Vendor, control, and risk management for ownership. Leasing capabilities and multiple brokerage house connections. Accounting and financial services. Objective business point of view to balance sound business decisions. Ability to manage budgets effectively.

10 Innovation In-depth knowledge of industry trends and activity. Updated industry software and technology. Creativity to effectively market and lease each property. Ability and experience to achieve financial goals. Flexibility for special assignments.

11 Compatibility A mutual understanding of functions to be outsourced. A service provider with verified credentials and references, whose performance is audited and randomly monitored for the desired outcomes. A long-term commitment for continual process improvement and state-of-the-art technology. A proven track record, expertise, resources, experience, and facilities. A compatible corporate culture. An overwhelming commitment to quality control and security.

12 Services Available Asset Management Facility Management Construction Management Renovations Expansions Relocations Brokerage Accounting Consulting Special Assignments

13 Sample of Locally Managed Assets

14 Cottleville Landing Cottleville, MO

15 Mid Rivers West St. Charles, MO

16 Clarkson Square Chesterfield, MO

17 Key Objectives Goal 1 Goal 2 Goal 3 Goal 4 Goal 5 Increase asset value. Provide focused, operational efficiencies. Provide objective consulting to ownership. Invest in our partnership for long-term commitments. Risk management/ diversification for owners.

18 The Answer: Priority Properties Partnership, Trust, and Commitment to Excellence! Experienced Personnel, Upgraded Technology, and Tailored Service! Pride of Ownership, Dedication and Accountability for Financial Success of Each Property! Thank you for the opportunity!

experience matters our services

experience matters our services commercial REAL ESTATE experience matters While no two clients needs are exactly alike, we at Levrose have been working with landlords, tenants, buyers and sellers in helping with their specific requirements