Property Management

Brekke Real Estate, Inc. provides property management services for office buildings, shopping centers, light industrial projects, medical office and mixed-use properties.  Our services include the following:

Financial

  • Budget preparation and review

  • Reserve analysis and planning

  • Rent rolls

  • Rent collections

  • Accounts Payable

  • Monthly financial reporting

  • CAM and Triple Net reconciliations

  • Bank reconciliations

  • Capital expenditure forecasting

  • Variance analysis

  • Owner distributions

Administrative

  • Annual business plan

  • Records and file maintenance

  • Collections and legal liaison

  • Insurance (coverage, claims, inspections, tenant/vendor compliance)

  • Property tax (assessed value review and appeals)

  • Sign criteria and compliance

  • Enforcement of CC & R's, REA's and exclusive use provisions

  • Building code and zoning compliance

  • General correspondence and communication

  • Certificates of occupancy, estoppels, lien releases, notices of non-responsibility, amendments, assignments, terminations, etc.

  • Lender reporting

  • Credit reports

  • CPI and scheduled rent adjustments

  • Plan review and approval of proposed alterations and improvements

Maintenance and Operations

  • Administer and supervise all service contracts

  • Perform regular property inspections

  • Preventive maintenance services

  • Supervise tenant improvements and capital projects

  • Respond to emergencies as needed

  • Maintain updated records on repairs, maintenance and/or replacement of mechanical equipment, electrical, plumbing and storm drainage systems, roof and parking lot

Brekke Real Estate, Inc. currently manages over 1,195,135 sq. ft. of commercial space. Examples of these properties include:

  • Central Valley Plaza Shopping Center 388,000 sq. ft.

  • Oakdale Plaza 40,220 sq. ft.

  • Scenic Plaza Shopping Center 140,000 sq. ft.

  • Vineyard Square 47,585 sq. ft.