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Updated over 9 years ago,
Office Building Maintenance Contract
Hello all,
I'm currently in the process of helping an owner with due diligence for a 10 story office building. I've had several management/maintenance companies walk through. I know this is a complicated building mechanically, however I have no clue what to expect in a yearly contract for a management company.
310,000 sq ft.
(1) Property Manager
(1) chief engineer
(1) Lead Engineer
(1) General Maintenance Engineer
All vendors and contracts are to be handled by management company.
Can anyone help me out that has experience dealing with or is with a property management company? I don't know what a good number is for this yearly. I've done duplexes but nothing this big. The numbers I've gotten so far are quite drastically different. I made sure that the same scope was presented to each.
Can anyone help me...
Sincerely,
Jeremy