TRI Property Management Services

TRI Property Management Services, a subsidiary of TRI Commercial Real Estate, one of the area’s largest regional commercial real estate companies, was founded in 2000 and is incorporated and licensed in the State of California.

TRI presently manages 3.5 million square feet of commercial properties including: multi-family residential units, mobile home parks, office, retail, owners associations and industrial facilities in California. TRI maintains six office locations throughout Northern California consisting of property management offices in Rocklin and San Francisco and commercial brokerage offices in San Francisco, Oakland, Walnut Creek, Roseville Rocklin and Sacramento. TRI’s comprehensive, professional property management can make the difference between a marginal real estate investment and a successful one. Our “value added” capabilities extend beyond the traditional functions of property management, staffing, marketing, leasing, collections, maintenance and financial reporting to include: asset management, construction management, compliance administration and real estate advisory services.

Since our inception, TRI has continually focused on serving the property management needs of individual and institutional owners. Our proactive, hands-on approach to management ensures unsurpassed attention to property performance with a focus on revenue maximization and expense minimization. TRI’s management staff meet one-on-one with owners to establish ownership objectives, address critical issues and provide timely, cost effective measures to overcome any property concern.

TRI is committed to client service and is continually refining its technology to meet the changing needs of today’s real property owners. The utilization of industry leading computer software (Yardi Voyager) provides accurate and timely management reporting which is critical to proactive real estate management. TRI Property Management provides commercial tenants and multi-family residents a secure on-line website portal which allows them to view their accounts, make payments and initiate maintenance requests. Prospective residents can search for available apartments and apply on-line. The portal can be accessed at: portal.tricommercial.com.

TRI is a member of BOMA® (Building Owner’s and Manager’s Association) and ICSC® (International Council of Shopping Centers) and participates in educational forums and seminars to remain on the leading edge of our industry. TRI’s personnel roster contains seasoned real estate professionals including CPM® (Institute of Real Estate Management’s Certified Property Manager) Designee and Candidate Members, CCIM® (Commercial Investment Real Estate Institute’s Certified Commercial Investment Manager) Designee and Candidate Members and RPA® (Building Owner’s and Manager’s Association’s Real Property Administrator) Designee and Candidate Members. Choose experience and integrity. Choose TRI.

To contact us about Property Management please call John Gallagher in Sacramento at 916-960-5700 Karen Smith in San Francisco at 415-268-2270 or and review the experience and qualifications of our professional Property Managers. http://ow.ly/kAr52

TRI Commercial Real Estate/CORFAC International is broadening its reach in the Sacramento region, having brought aboard nine new agents within the last few weeks at offices in Roseville and Point West.

This week, the company announced Steve Griffin, Greg Redman, Graham Clemons andRichard Smith, formerly of Grubb & Ellis, have joined the company, with plans to look for more, said company senior vice president and regional manager Ed Benoit. “In business, one thing I’ve learned is you always have room for good businessmen,” Benoit said, adding TRI’s structure is a good fit for veteran agents and brokers who have been with larger firms with a national presence. “Great agents attract great agents.” Benoit said a newly opened office in Point West, which has five agents with Griffin as head, could have as many as 20 eventually.

The company’s focus there and at offices in Roseville and Rocklin will be regional business and strong relationships with clients, he said. “If we have a good idea, we can execute it quickly,” he said. “We’re a destination for agents who look to themselves and their client relationships to be successful.”

In addition to the four agents from Grubb & Ellis, TRI Commercial/CORFAC International has
added Dennis Shorroch and Bruce Wirt of Cornish & Carey Commercial Newmark Knight
Frank, Drew Wheatley of Cassidy Turley, Bryan Wirt of Ethan Conrad Properties and Daniel
Dabkowski of Commercial Realty Group in Sausalito in recent weeks to its Sacramento-region
offices.

TRI also added two former Grubb & Ellis agents to its San Francisco office this week.

No, not really, but there IS news here.

The Claremont Hotel & Spa is on the market – again! This time, for $80 million. It’s only been less than a year and a half since the resort was acquired by investors Paulson & Co. and Winthrop Realty Trust.

So, any takers?

For more, read here!

According to the San Francisco Business Times, the Bay Area is doing well… but could crash at any time if some key problems aren’t addressed.

Yikes.

So what are these areas of pains? We’ll go with bad news first.

A study was held by McKinsey & Co (we’ve all heard that name someplace or another) that showed some of the following problems:

• Unemployment remains above the national average at more than 9 percent;
• The K-12 education system has seen mild test score improvements but ranks in the bottom five of states;
• California has cut nearly 40 percent of the University of California system’s funding since 2002;
• Infrastructure spending is not keeping pace with needs; and
• California’s business climate remains among the most challenging in the country.

Let me pause here. Notice number two: “The K-12 education system has seen mild test score improvements but ranks in the bottom five of states”. That’s ridiculous. Looks like we’re in need for some change?

• The Bay Area economy continues to display a remarkable resilience and innovativeness
• Information technology and high-end manufacturing have grown more quickly and productively than in the rest of the nation;
• The region’s universities and research institutions remain among the nation’s highest-ranked;
• Local venture capital deals continue to account for roughly one-sixth of the world’s total, and 40 percent of the national total; and
• The composition of the Bay Area’s top companies is diverse and balanced, spanning energy, networking, communications, consumer products, food and financial services.

For more info, read here!