5 Property Management Tips From an Office Pro

MIAMI—Whether you’re managing an office tower, a multifamily community, an industrial park or some other commercial real estate asset, there are some general rules of thumb that will help you compete with other properties in your region without breaking the bank. Although it’s daunting when neighboring properties launch multimillion-dollar capital improvement campaigns that you can’t match, there are baseline tips to make the most of your property even with budget constraints. It’s a balancing act.

JLL‘s Steven Froot manages buildings like Southeast Financial Center, 701 Brickell, 810 Brickell, Miami Tower and 1221 Brickell in South Florida. He starts his recommendations with a focus on amenities and tenant relations.