Developers as Property Managers

[Account Closed]

Is it customary for the developer to also be the property manager? 

Recently closed on a commercial property (part of a larger shopping center development) and the developer of the property is also the property manager. Based on the CCR's, it appears that they manage the entire shopping center and then bill each parcel owner their separate piece of CAM charges and property tax. Also based on the CCR's, it seems like we don't have the option of electing to choose another property manager or manage the property ourselves.

I was just wondering it is this common in these large developments.