Property and Facility Management
Property and Facility Management as a discipline represents the “action phase” of what our people do. Podolsky Northstar’s “action phase” includes strategic planning, organization, coordination, motivation, communication, record keeping, design and operating expense control – everything you require and should expect from a superior property management team. As a testament to our top-quality property management team, Podolsky Northstar was once again named to Crain’s Chicago Business’ list of the “Largest Property Management Firms.

Management is maximum service and tenant relations. Our main focus is to maintain the lowest possible operating costs while delivering the maximum possible services to your tenants. This, along with our construction administration, accounting, and leasing expertise protects the residual value of the property. We understand that a qualified, experienced and interested individual must maintain the relationship between the tenant and the owner. Podolsky Northstar’s Property and Facility Management staff creates strong tenant relationships that have resulted in high tenant retention and maximum return on equity.

Management is operating costs. One of a property manager’s primary concerns is to exercise preventive practices, rather than “putting out fires.” Constantly putting out fires is a disturbance to the tenants and creates higher operating costs and risks. Although each property is unique, to be competitive, it is essential to know your strengths and weaknesses in each facet of operating costs. Our state-of-the-art data management systems are put to good use comparing the buildings we manage to average costs in the area served. This analytical work helps to support our Property Management staff with goals to achieve, and our Brokerage Divisions with selling tools easily demonstrating the best features of our managed properties.

Management is maintenance and repairs. Among our many responsibilities regarding the overall management of the property, particular attention is paid to the implementation and administration of all building operations. Podolsky Northstar strives to develop and maintain positive relationships with vendors, supervise the quality and scope of work on all contracts and review, on an on-going basis, all tenant spaces to assure tenant compliance with lease responsibilities. Vacancies, when they do occur, are treated with diligence to assure prompt showings, competitiveness and lease-up.

Property Management
• Class "A" Operation Services • Preventive Maintenance Programs • Tenant Services/Relations • Operating Budgets
• Lease Renewals • Customized Monthly Accounting Reports • Construction Administration Services

Facility Management
• Service Contract Negotiations • Employee Comfort • Project Management • Operational Budgets & Financial Reporting
• Property Evaluation • Growth Requirement Review • Capital Improvement Evaluation & Implementation