[WSBARP] Commercial Property Management Contracts construction management
Douglas Owens
dougowens at seattlerelawyer.com
Thu Jun 10 16:43:39 PDT 2021
Dear Listmates, I have a client who has a small professional office building and is looking to hire a property manager. The manager’s standard contract provides for a five percent fee to manage construction such as tenant improvements and 7.5% to manage insurance related construction for repairs. Does anyone know if these rates are usual in the industry? Thank you. Yours truly, Doug Owens
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