As developers, owners and managers of real estate, F.H. French understands what it takes to create, improve and maintain the short and long-term value of an asset. Third party owners benefit from the lessons we have learned in managing and improving our own portfolio of office, medical and industrial properties since 1935.
With 1.0+ million square feet of assets currently under management, F.H. French offers asset management, investment management and leasing services to owners of corporate as well as investment grade commercial real estate. [Our effective and efficient management of properties, for example, 195 Collyer Street in Providence, R.I., is the foundation of investment success for our clients. Owned by several Doctor groups, the University Medical Center partnership located in Providence Rhode Island has hired us to manage not only the physical building and grounds, but also to perform all of the financial reporting and business functions for the owners. They rely on our years of experience, contacts and honest approach to take the very best care of their asset and maximize their investment.
Experience has taught us that improving and then maintaining a property’s value begins with a focus on creating the best possible experience for the tenants. Our properties have an average tenant retention rate of 82%, as well as occupancy rates that consistently exceed the market average.
Our management team carefully evaluates a property’s operations, physical condition and tenancy from the perspective of a long-term owner. We only make recommendations for improvements that we know will increase occupancy, achieve the highest rents and ensure the maximum return on investment for owners. We have reduced our owners operating expenses by an average of 6% over a two year period following the date in which the project was undertaken.
F.H. French’s property management division is known for its creative approach to problem solving, innovative ideas in the workplace and the integrity of our organization. Our team of professionals has an average of 18 years experience in the industry and works with the highest quality technology and systems to effectively and efficiently manage our client’s properties