Commercial Property Management Covina CA – 14 Unit Multi-Family Complex KNL Group took over the management in September 2017 the property was plagued with unsafe & delinquent tenants, regularly past due rents, much-deferred maintenance, and under-market rents. In the first 90 days, the problem tenants were evicted and 7-10% rent increases were passed along to all tenants. All but one …
Industrial Business Park | Pomona, CA
Industrial Business Park Pomona, CA When KNL Group took over the management of this asset in February 2016, the property was being managed by the elderly owner, vacancy was more than 10 percent, existing lease rates were 50 percent under market rate. Nearly all tenants were month to month on outdated leases, and existing tenants were regularly delinquent on rent …
Retail Strip Center | Newport Beach, CA
5,000 SF, 4 Unit Retail Strip Center When KNL Group took over management in February 2016 from the long time owners, the rents were 20% under market, NNN fees were not being charged to the tenants, the building facade exterior was in need of updating and the landlord was at a disadvantage due to the poorly written leases from the …
Retail Building Portfolio | Covina, CA
5 Building, 13 Unit Retail Portfolio +/- 17,000 SF of Multiple Retail Buildings When KNL Group took over the management in May 2015 the properties were 15% vacant, with all tenants paying under market rents without any NNN fees. Since being under the management of KNL Group, all vacancies have been filled, and all of the leases have been reworked …