SERVICES
Development
Our principals have over 60 years of combined experience in commercial property development including land development, ground-up construction of new product, redevelopment, subdivision, master-planning and entitlements. In the complexity of today’s commercial real estate environment, our execution expertise, and tenant and financing relationships create many advantages in evaluation and implementation of new opportunities.
Our recent development experience includes over 2.7 million square feet of regional and neighborhood retail projects and over 2.2 million square feet of Class A industrial projects.
Whether the project is a build-to-suit, ground up development or redevelopment, we are well equipped to implement a first class project utilizing our substantial experience. Our firm manages the process from conception to completion, delivering each project on time and within budget. How well a building will operate and satisfy its objectives is extremely dependent on the early stages of development. Our attention to detail enhances value and helps to reduce operating costs.
Management
We offer a comprehensive range of property management related services for third party clients. Our property management professionals think like owners and maintain a proactive management style to increase the value of a property and meet the goals of our clients and tenants. We have the capacity to implement a variety of client accounting platforms, reporting requirements and have excellent accounting and cost controls.
At Prism Realty, we take pride in our keen attention to detail, efficiency, and the implementation of effective solutions to minimize costs and increase productivity. Our property management team strives to exceed expectations and deliver superior service for all property-related operations, including:
- Annual and Capital Budgets
- Maintenance & Operations
- CAM Reconciliations
- Cash Flow Analyses
- Financial Reporting
- Lease Administration & Abstraction
- Preventative Maintenance
- Property Inspections
- Insurance Administration & Verification
- Tenant Relations & Retention
- Vendor Management & Contract Administration
Leasing/Sales
Our seasoned veterans pride themselves on their expertise in local markets and long term relationships with owners and tenants. We create strategies to increase building value, secure optimal tenants and support ownership’s leasing goals. At Prism Realty, our goal is to procure deals that maximize long term value, reduce turnover, minimize risk, and create the best tenant synergy.
Acquisitions & Dispositions
Our team is equipped to handle a complicated array of transactional challenges and opportunities. Every transaction, regardless of its scope or size, requires detailed due diligence and a thorough understanding of the local real estate market conditions, including:
- Site Selection Analyses and Review
- Preliminary Assessment of Market Value and Sustainability for Intended Use
- Environmental Review
- Sustainable Construction Practices and Energy Efficiency
- Comprehensive Physical and Legal Due Diligence
- Negotiation of Purchase Agreements
- Funding and Financing Alternative Analyses
- Develop Repositioning Strategy
- Implement Strategy & Manage Property
- Occupancy Coordination
- Disposition Strategy
Our skilled team is committed to providing timely and effective closings. Our experience and network of relationships with various lenders, investors, and consultants allows us to evaluate projects quickly and to close efficiently.
We can offer a creative and flexible approach to deal structures from outright acquisition for our own account to joint ventures or equity investments. Our transactional resume spans across the United States and includes all product types, including retail, office, industrial, multi-family and land. Our principals have proven capabilities of managing successful acquisitions and dispositions investments on assets from as small as $1 million up to $125 million. Our firm has consistently delivered on the investment goals underlying our acquisitions and dispositions strategy.
We are actively seeking acquisition opportunities. Click here to see our acquisitions criteria.