Martello has been creating trouble free real estate ownership experiences for families and private investors alike for over 25 years. Our collaborative method of managing client assets allows us to provide the highest level of advisory services, customized to each client’s unique and individual ne.... ID: 35737 Download Pdf
Martello has been creating trouble free real estate ownership experiences for families and private investors alike for over 25 years. Our collaborative method of managing client assets allows us to provide the highest level of advisory services, customized to each client’s unique and individual needs. Whether already experiencing difficulties, or just looking to prevent anything from coming up in the future, Martello has become one of the most trusted real estate advisory firms in Western Canada because of our pride of management and commitment to our code of Ethics. Over 90% of our new clients come to us through referrals. If you haven’t been referred to us directly, have a look at our extensive library of case studies that show not only what we have done, but also what our clients have to say about us.
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Presentation on theme: "Property Management Vancouver BC"— Presentation transcript:
Property Management Companies Bc
Founded in 1988 by President, Wayne Smithies, under the trade style of CB Commercial and CB
Richard Ellis Property Management and later privatized and established as Martello Property
Services Inc. in 1998.
has been a trusted and accountable real estate advisory and
management firm for more than 25 years and operating under its original trade style since 2007.
Martello is a standalone fee management company that provides consulting, asset management and
rty management services to the retail, commercial, industrial, residential
rental and strata
markets for clients who wish to hand off the operational and often financial decision making to
With three offices to serve you in Va
ncouver, Edmonton and Calgary, we manage more than 6
million square feet of floor space throughout Western Canada.
Our portfolio includes all types of
real estate from strip shopping centers, regional shopping centers, small office buildings, large
wn complexes, industrial portfolios, residential rental buildings, mixed use buildings to
various types of strata properties.
Our staff includes
portfolio managers, strata mangers, technical service advisors, operations
managers, administrators and account
All of our managers maintain and update their licenses
annually as required by the Real Estate Act.
Our in house accounting team is lead by a seasoned
Chartered Accountant from our Vancouver office, where industry specific software is utilized to
repare detailed reports to meet the specific requirements of each owner.
The Company is active in
the Building Owners and Managers Associations, and maintains current membership with CHOA,
ISCS, NAIOP and the Real
Estate Institute of British Columbia.
tello has become one of the most trusted real Estate advisory firms in Western Canada as a
result of our pride of management and commitment to our Code of Ethics.
Our clients include
private investors, syndicators, strata corporations, family estates and i
90% of our new Clients come to us through referrals.
If you haven’t been referred to us directly
have a look at the rest of our site for industry specific information as well as our extensive library of
case studies that show no
t only what we have
done, but also what our clients have to say about us.
Families & Investors
Whether an individual or a family, as someone who recognizes the many benefits of
investing for the future through the acquisition of real property, knowing how
the value and return on investment can be complex and daunting.
Assisting the transfer of assets between generations, reducing familial conflicts and
improving financial performance are just some of the services and experienced portfolio
er can help you with.
Corporations and Syndicates
Corporations and syndicates alike have
recognized for years the value in real property as both an
inflation hedge and a potential profit centre within their well diversified portfolios. In a recent
nown as the “Grosvenor’s Resiliency Index” which measures the resiliency of various
economies, it was stated that “Canada as whole is doing exceptionally well. The top 3 most resilient
cities in the world are Vancouver, Toronto and Calgary. For investors i
n investment grade real
estate, Canada continues to be a very sound long
term investment market. Thorough and functional
the many pieces of legislation and reporting requirements that regulate the way
these types of assets are managed are
a necessity to ensure that shareholder or investor’s gains are
If you are more of a “do it yourself
er” or have decided to take a “hands on” approach to
managing your property of portfolio, you may still want to consult with
a professional on
certain matters. Market analysis, tenant relations, lease negotiations, construction and
development, redevelopment, refinancing or large scale building
upgrades and renovations
are just some of the areas a real estate professional can he
lp guide you through.
A managing and consulting agent will have the practical experience and knowledge base to
help you better understand all of the inner workings of leasing, maintenance requirements,
and important up to date legislation that can affect t
he outcome of your endeavour.
Code of Ethics
In my daily activities, I will:
Ensure the interests of clients and the real estate industry are placed above my personal
Act with honesty and integrity towards collegaues
real estate management and
advisory professions and others participating in the real estate industry.
Exercise autonomous, professional judgment in the analysis of real estate management
and advisory decisions.
Increase my professional knowledge
and expertise by engaging in ongoing education
pertaining to industry topics and issues.
Lead by example in encouraging others to act ethically so as to further the integrity of the
real estate management and advisory professions.
Prime Capital Place
This 79,500 square foot office building at the corner of Hastings and Howe
was acquired by a
private family trust in the mid 1990s. At the time, the downtown office market was experiencing
high vacancy rates, and the owners were having problems leasing vac
ant space as the lower quality
design was not attracting ten
ants. The family ownership had a long term vision and needed an
astute asset and property management company that could effectively reposition the prop
ensure it’s success.
The Asset Str
At the outset, Martello spearheaded remerchandising the retail units to adapt to the diminished
presence of ladies fashion along the
West Hastings corridor. Na
tional retailers such as Starbucks,
Iris Optical and Flight Centre were quickly at
to the high profile corner. Previously known
as the Atrium Building, Prime Capital Place was notable for it’s 11 storey lobby atrium. Between
2009 and 2012 Martello developed and imple
mented an atrium infill plan, costing over $5 million,
the leasable area of the building by 15%. During this period, Martello also
undertook a com
plete upgrade of the mechanical systems, thereby reducing utility costs by 50%.
This strategic development
allowed Martello to secure a long
term government lease
for 58% of the
building, and also attract new professional firms to the build
ing including accountants and
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