$10,000 to $49,999
Jan. 2020 - Ongoing

5.0

Quality: 5.0

Schedule: 5.0

Cost: 5.0

Willing to Refer: 5.0

"Their responsiveness to my clients and the tenants' needs impressed us."

Aug 31, 2020

Broker, Douglas Commercial

Scott Douglas

Real estate
Annapolis, Maryland
1-10 Employees
Online Review
Verified

Innovative Properties Inc. oversees the client's 80,000 square feet shopping center to allow them to reduce their expenses and maximize their total income.

Innovative Properties Inc. was able to manage the shopping center effectively and efficiently which allowed them to secure an ongoing engagement with the client.

The client submitted this review online.

BACKGROUND

Please describe your company and your position.

I am a commercial real estate broker specializing in the sales and leasing of commercial real estate

OPPORTUNITY / CHALLENGE

For what purpose did your company hire Innovative Properties Inc.?

To manage my client's 80,000 sf shopping center

What were your goals for this engagement?

To help my client manage the shopping center my minimizing expenses and maximizing income

SOLUTION

How did you select Innovative Properties Inc.?

I have been working with Innovative Properties for several years now and they have a good handle on how to manage properties. That is because they have their own portfolio as well.

Describe the engagement in detail.

They met with the client and then had an extensive onboarding process

What percentage did Innovative Properties Inc. take in commission?

The value of the leases were about $500,000 and their commission is 6%

What was the team composition?

One principal and one associate

RESULTS & FEEDBACK

Can you share any outcomes from the engagement that demonstrate progress or success?

The shopping center is running much smoother now

How effective was the workflow between your team and theirs?

Very effective

What did you find most impressive about this company?

Their responsiveness to my clients and the tenants' needs impressed us.

Are there any areas for improvement?

None.

RATINGS

5.0

Innovative Properties Inc.

Innovative Solutions for Management & Leasing

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