Blackstone Commercial Real Estate Services

Sales, Property Management, and Leasing of Retail, Industrial, Office, and Residential Real Estate.

Our Property Management Team offers a hands-on approach to day-to-day management of our client’s real estate. Blackstone’s capacity as a Property Management company ranges in property types from Retail, to Industrial, Office, and Residential, with services ranging from Financial Records & Reporting, Preventative Maintenance, Facility/Property Operations, Design/Construction Development, Leasing, Renewals, and Disposition.

Sales & Leasing

  • Databases of recent lease and sale transactions to facilitate renewal negotiations
  • Marketing teams specializing in retail, office, and industrial leasing
  • Up-to-date market information on all comparable available premises
  • Template leases, offers to lease, letters of intent, renewal agreements
  • In-house review of current and acceptable market standards for varying lease terms

Property Management

  • Rent collection
  • Payment of budgeted expenses
  • General maintenance
  • Management of contract employees
  • Monthly reporting of tenant and maintenance issues/concerns
  • Monthly review report by building operator of building systems
  • Annual operational cost budgeting
  • Re-measurements of premises using current BOMA standards

Asset Management

  • Competitive bidding process
  • Argus run cashflow analysis
  • Detailed information package & presentation
  • Offering memorandums
  • Completed dispositions of +/- $500,000,000 worth of commercial properties to pension funds, REIT’s, public and private real estate companies

Construction Management

  • Obtain Development and Building Permits systems reports
  • Contract and coordinate trades
  • General drafting design
  • Coordination of engineering and architectural professionals
  • Submission of plans to governmental and planning authorities
  • Ground up construction
  • Facade renovations
  • Re-paving of parking lots
  • Roof replacement
  • Tenant improvements
  • Common area and washroom upgrades