These are truly uncertain times. But then, they have always been!!! These words are a perpetual reality for the investors in commercial and multi unit residential assets.
The effective management of investor assets takes a dedicated team with the expertise to address the varied attributes to balancing tenant and landlord issues. Martek has compiled the people, honed the skills and enhanced the expertise in this industry sector. For 27 years, it has strengthened its history as managers of choice. This has been recognized through exceptional strategic turnarounds, value enhancement programs and intense management efforts to effect positive change.
The managed portfolio of Martek comprises some 84 assets. This includes 1.25M square feet of space in 23 buildings, comprising 935,000 sq. ft. of office space, 130,000 sq. ft of warehouse/industrial space and 185,000 sq. ft. of retail space. There are also 23 condominium corporations housing approximately 1,100 units, as well as 1,577 units of rental stock in 38 different assets.
Throughout its tenure as owners’ representative on this diverse portfolio of real estate assets it has crafted a mix of strategies, communications, and accounting systems that quite easily can be defined as ‘industry’ leading!!!
The challenge in asset management is to harmonize the maximization of revenue with the most effective costs. To keep vacancy low while netting optimal rents. Success at retaining our managed assets in this ‘sweet spot’ has led to Martek as being a strong and the largest independent manager in Newfoundland.
Trust your assets to Martek. Managed as if we own them!!!
c. 2017 Martek