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PMPM Firms

Commercial property management firms

Commercial managers operate office, retail, industrial and mixed-use assets, handling leases, CAM reconciliations, capital planning and tenant relations.

Firms
5,479
States
51

Commercial property management: offices, retail and industrial

What the work includes

Commercial property managers operate income-producing assets such as office buildings, retail centers, industrial properties and mixed-use projects. The work can include lease administration, rent and CAM collection, common-area maintenance, vendor contracts, tenant relations, budget preparation, capital planning and coordination of tenant improvements. The complexity rises with the number of tenants and the lease structures involved.

How fees usually work

Commercial management fees are usually negotiated and may be based on a percentage of income, a per-square-foot rate or a flat monthly fee. Construction management, leasing commissions, project management and capital work are often separate. Ask how fees are calculated during vacancy, how CAM reconciliations are handled and whether there are minimum fees.

What to ask before hiring

Ask for examples of CAM reconciliations, lease abstracting, capital plans and vendor bid processes. Confirm who handles tenant improvements, after-hours calls, security and life-safety compliance. Ask how the firm reports on occupancy, collections, work orders and budget variances, and how it coordinates with the owner's leasing team.

Updated 2026. The firms below are ranked by public review volume by default. Use the state links to narrow the list, or open a firm profile to compare ratings, contact details and local alternatives.

California 841Florida 594Texas 455New York 216Illinois 198Washington 190Ohio 181Georgia 175Virginia 172North Carolina 166Pennsylvania 146Michigan 126

Picone Realty Inc

Farmingdale, NY 11735

+1 631-293-0003

www.piconerealty.com

1815 Broadhollow Rd, Farmingdale, NY 11735

CommercialCommercial real estate agencyDetails →

Common questions about commercial property management firms

What does a commercial property manager do?+

Typical work includes lease administration, rent and CAM collection, common-area maintenance, vendor oversight, tenant relations, budgeting, capital planning and reporting. The exact scope depends on the asset type and lease structures.

How much do commercial property managers charge?+

Fees are usually negotiated and can be a percentage of income, a per-square-foot rate or a flat fee. Leasing, construction management and capital projects are often billed separately. Compare the full scope and fee schedule, not just the headline rate.

What should I ask a commercial property manager?+

Ask for sample CAM reconciliations, lease abstracts, capital plans and vendor bid processes. Confirm how tenant improvements, after-hours calls, security, life-safety compliance and reporting are handled, and who coordinates with the leasing team.