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Industrial property management is similar to managing other types of properties. The tenant needs to receive excellent service, leasing and tenant retention are crucial, and the manager must work to control operating expenses.
During this module the various subtypes of industrial properties will be identified, and the similarities and differences will be highlighted.
Learning objectives:
- Discuss the various subtypes of industrial properties
- Describe the major factors tenants consider when evaluating industrial leasing options
Laura Nelson
Property Manager, Cushman & Wakefield
Laura Nelson currently coordinates property management functions at Cushman & Wakefield relating to industrial assets throughout the Central Florida area.
Ms. Nelson was previously a property manager with Colony Industrial where she managed along with her team over six million square feet of industrial assets throughout Florida. Prior to joining Colony, she worked as a property manager with Cushman & Wakefield managing a mixed portfolio of office, industrial and medical assets throughout the Central Florida. Her responsibilities included physical property management, vendor selection, contract administration and tenant relations. She was also responsible for training and managing support staff, assisting in the creation of annual budgets, maintaining accounts payable and receivable, and performing operating expense reconciliations utilizing multiple accounting systems.
Ms. Nelson has over 20 years of experience in commercial real estate with a proven track record of improving assets curb appeal, reducing delinquencies, contract negotiation and accurate budget preparation.