Released on: April 3, 2008, 10:59 pm

Press Release Author: Luna

Industry: Real Estate

Press Release Summary: The only way to ensure that leases are being enforced is to
complete a thorough lease review and lease abstract. Each lease is reviewed with
emphasis placed on tenant/owner options, common area maintenance expenses, billing
procedures and the pass-through of expense stops or expense base years.


Press Release Body: Tip#1, Proper Lease Administration

One of the most important tips of real estate management and maximization of real
estate value is proper lease administration. The only way to ensure that leases are
being enforced is to complete a thorough lease review and lease abstract. Each lease
is reviewed with emphasis placed on tenant/owner options, common area maintenance
expenses, billing procedures and the pass-through of expense stops or expense base
years.

Tip#2, Seek Overall Tenant Satisfaction

Operating a property effectively and efficiently is one of Neil Walter Company\'s
greatest strengths. It is vital to the success of the property and overall tenant
satisfaction. NWC has developed policies and procedures that streamline
administration, guarantee smooth facility operations and often reduce expenses for
the owner and tenants.

Tip#3, Continuous communication with maintenance, tenants and vendors.

Neil Walter Company ensures consistent and well-managed operations by continually
communicating with maintenance personnel, tracking tenant calls and providing
follow-up, and completing thorough lease reviews and procedures. NWC also manages
and often reduces expenses by taking advantage of strong vendor relationships,
conducting annual tax reviews and appeals, and investigating risk management
expenses and alternatives.

Tip#4, Have it managed professionally, monitored correctly, and completed within an
acceptable cost structure.


Neil Walter Company currently manages over 2,500,000 square feet of commercial real
estate in Tacoma, Lakewood, Gig Harbor, Puyallup, Port Orchard, Fife and Kitsap,
enabling strong relationships with local vendors in place, as well as a good
understanding of market costs and the impacts of these costs relative to Tenant
Lease agreements. Neil Walter Company will work to ensure that the required services
are implemented in a professional manner, monitored correctly, and completed within
an acceptable cost structure.

Neil Walter Company prides itself on tenant relations and its efforts to reduce
downtime and capital expenses while increasing the performance of the property. To
meet our commitment to quality tenant relations, our entire office is focused on
servicing tenants in each of the properties we manage.

NWC\'s commitment to every project is dedicated local real estate services. In
addition to the company\'s focus on property management and marketing, project
management and construction management experience is also available should these
services be needed.

Since 1995, NWC has completed over $100,000,000 in sales transactions in the South
Puget Sound area and is currently involved in marketing approximately 5,000,000
square feet of existing projects with overall occupancy exceeding 90 percent. Neil
Walter Company has also been involved in the development of over 2,000,000 square
feet of buildings in the same area, with value in excess of $90 million.

Based on this experience, it is safe to say that any project we encounter will be
professionally managed utilizing proven business principles and practices.

Neil Walter Company provides a full range of services including commercial real
estate leasing/sales, tenant representation, property management, investment
analysis, project management, Seattle Commercial Real Estate, Commercial Property
Consultants, Real Estate Investment Analysis and Commercial Real Estate Brokerage.
You can contact Neil Walter Company at www.neilwalter.com for more tips to manage
your Real Estate.

Web Site: http://www.neilwalter.com

Contact Details: Luna
for more details please visit http://www.neilwalter.com