Services:

Development: Stanmore relies on a modified design build process. We feel this is an excellent approach that can result in the best possible product at the best possible price for the owner or tenant. We feel this is so because our process involves the trades, contractors, and designer who actually install and maintain what they design. When the experience of installation and maintenance is considered in the design phase, the design usually ends up being that which can be efficiently installed and economically managed. In other words, the people installing it will make sure the design is something they support and are willing to stand behind when it comes to performance.

This efficiency comes from several sources. It comes directly from the trades involved such as plumbing, electrical or HVAC. It also comes from the synergy of the trades interacting for a design that is free of conflict. Conflict arises when the trades design in isolation of each other, when they do not know what the next trade is designing. HVAC ductwork can interfere with sprinkler lines; electrical feed can interfere with fire-rated walls. In bringing all trades together, it allows the synergy of their cooperative effort to make sure their design is not in conflict with others.

Property Management: Stanmore believes that proactive property management is a necessity in the medical industry to provide our tenants and their customers with a feeling of wellness when they are present at our facilities. We achieve this through strict attention to such details as landscaping, janitorial services, HVAC maintenance, and tenant contact/feedback programs.

Our property management team has unbundled the physical management from the financial management. We can do both or just one, whichever compliments your needs. Our team is normally responsible for collecting rents, maintaining individual tenant information, and supervising the operating expenses incurred to run the properties. This includes preparation of budgets and monthly reports, review of monthly and year-end reports and invoices, and approval of the payment of all invoices. The property manager works closely with the accounting department to verify expenses and make accurate projections of expenses for year-end accounting.

Special emphasis is placed on interaction with and feedback from the leasing agents. Weekly maintenance and physical plan improvement meetings are held to keep the properties looking their best. A significant portion of maintenance items is derived from leasing agent comments and discussions.

Brokerage: Our brokerage philosophy is based on traditional marketing principals combined with real estate brokerage fundamentals that Jim Baker learned from Trammell Crow in the mid-1980s.

We pay special attention to the strengths and weaknesses of the assets and prepare marketing materials which present both factors in the best possible manner. Additionally, we identify the universe of potential tenants from local sources as well as our relationships with large healthcare provides. Once we distribute the marketing materials to the established universe of tenants, we COLD CALL on each group on the list to determine their level of interest. While this premise seems simple, we find that many brokers are now relying solely on project signage and the Internet to passively solicit tenants. We rely on shoe leather, charm and our insatiable desire to quickly lease-up our buildings.

Tenant Representation: TBD