PMA’s principals are involved with each property’s performance. Our size enables us to adapt our platforms to stay ahead of ever-changing trends, technologies and market conditions. PMA delivers an extensive understanding of real estate coupled with a personalized level of service, resulting in long term and successful relationships.
- Property & Asset Management
- Construction Management
- Property Renovation & Repositioning
- Capital Improvement Programs
- Security & Parking Programs
- Energy Management Programs
- New Leasing Management
- Renewal Leasing
- Acquisition Due Diligence
- Operational Reviews
- Lease Administration
Property Management Associates continuously strives to maximize the value of each asset under management. Value is derived from various components of each property.
Oftentimes it is achieved through rehabilitation and repositioning; in other instances, value is achieved by establishing and growing additional profit centers. Additionally, value is enhanced by addressing expense components and proper lease administration.
Increased parking income by obtaining offsite parking thereby increasing parking ratio and attracting a broader base of higher paying tenants. Assessed, developed and installed automated parking systems to reduce labor costs and improve revenue control.
Performed ongoing market analysis to address and implement transient parking rates and time period adjustments resulting in substantial increases in transient parking income.
Developed scope of work with ownership team. Engaged architects, engineers, contractor and designer to remodel and reposition the property. Replaced all major mechanical systems, upgraded structural components, interior and exterior common areas, designed, built and leased all tenant suites.
Created additional value by successfully improving site lines and worked with City to permit an advertising wall.
Cactus, Moreno Valley
Directed implementation of new energy management system, including conversion from pneumatic to direct digital controls and HVAC system equipment upgrade. Administered new solar panel system installation. Re-stabilized 61,000 square foot office property with long-term governmental tenants.
Hamilton Plaza, Torrance
Managed 67,000 square foot tenant improvement installation while occupied. Completed property upgrades to HVAC and fire, life safety systems and common areas for long term governmental tenant lease.
Bank of America Tower, Valencia
Managed installation of new energy management system, upgraded HVAC equipment, LED lighting upgrade, elevator modernization and parking upgrade.
Overland, San Dimas
Negotiated and managed 33,500 square foot lease for a long-standing vacancy, bringing the property to 100% occupancy. Increased parking ratio by adding stalls and instituting valet assist to meet lease requirements, to secure long-term tenancy.