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Mixed-Use Properties

A mixed-use property contains two or more types of real estate uses in the same location. A simple example would be an office building with street-level retail stores. A more typical mixed-use property would be a condominium project with residential, office, and retail uses.

Larger mixed-use properties can be very difficult to manage for many reasons, such as:

  • Multiple stakeholders who often have different or competing objectives
  • Properly interpreting the many legal documents that govern a mixed-use property, and practically implementing them
  • Cost accounting for the multiple use groups, as each group must be its own separate profit center
  • Appropriately and fairly allocating common area costs amongst each use group when the governing documents do not expressly account for them

 

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Trimark Property Management Main Office

6231 Leesburg Pike, Suite 100
Falls Church, Virginia 22044-2102

Ph 703.891.2600

Email Info@TrimarkPM.com

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