Rainier Property Management Co, LLC offers comprehensive commercial property management services, providing a single point of contact for owners, investors and tenants. Our current portfolio includes approximatly $100 million in investment properties—ranging from office, retail and industrial to mixed use properties—in Whatcom, Skagit, Pierce, King and Snohomish counties.
Our property management services are tailored to the unique needs of each client. We understand that financial and market conditions, along with property characteristics, affect the management of each investment. By looking at all of the relevant details and taking into account the ownership objectives, we are able to formulate a management agreement that will have a positive outcome for the client. Depending on the client’s specific scope of work, the agreement may include the following:
Property Management Services
- Preparation and implementation of annual operating budgets
- Reconciliation and administration of annual CAM budgets
- Preparation of monthly income and expense reports and financial statements
- Income collection and reporting
- Negotiation of new leases, lease extensions, and renewals
- Expense administration
- Negotiation and administration of service contracts
- Project/construction management
- Establishment and monitoring of building standards, rules, regulations, policies, and procedures
- Management of onsite personnel
- Property Inspections
- Establishment and maintenance appropriate property records
- Coordination of owner’s property insurance
- Tracking of tenant and vendor insurance certificates
- Monitoring and coordinating appeals of real estate tax valuations and assessments
- Purchasing and tracking building equipment, supplies, and fixtures
- Energy management
- Emergency preparedness planning
- Maintain Tenant relations
Marketing Services
- Annual market rent surveys
- Preparation and implementation of effective marketing plans
- Marketing and negotiating the sale or lease of commercial real estate
- Cashflow analysis of negotiations
Asset Management Services
- Coordination of financing
- Analysis and negotiations involving the acquisition of commercial properties
- Provide market analysis studies
- Valuation of assets
- Development of long-range property management plans
- Facilitation of entitlement acquisition and planning
- Property development feasibility studies
