Property Managment on mixed use

[Adam Wigdorski]

Hello all,

So I've acquired a couple mixed use properties. I have a current management company in place for the apartments on my other space. The commercial non apartment spaces will be 5 year NNN leases. Would you still pay the management company the same rate to also manage the commercial spaces on the long term leases ? Right now I pay 8% for the apartments. I'm also very pleased with the management company and don't want to cause heartache over any of this. They are using an outside leasing agent for the commercial space and not taking a cut of the leasing fee