adding value while reducing risk

advertisement
ADDING VALUE WHILE REDUCING RISK
ADDING VALUE WHILE REDUCING RISK, ORR PARTNERS PROPERTY MANAGEMENT
EXCELS AT COMMERCIAL PROPERTY MANAGEMENT
OVERVIEW
Orr Partners recognizes the importance of providing
construction of over $3 billion worth of new and renovated
property owners with the best level of service. Our unique
projects that span the full range of building types.
process includes working closely with you to identify and
implement strategic solutions designed to streamline your
facility operations to save costs.
FOCUS ON FINANCE
Orr’s detailed accounting software and financial analysis
equip you with the tools to make informed decisions based
We have a special talent for fine tuning the countless,
on a deep understanding of the impacts various options
interconnected variables of the property management
may have on your property. Our customized reporting and
process, achieving just the right blend of building
operating budgets capture all operating costs with reports
amenities, sustainable concepts, and operating costs.
specifying monthly
More importantly, we listen to you and deliver solutions that
and cumulative
meet your required functions, schedule and budget.
expenditures.
Orr PM manages a commercial portfolio just under 3 million
square feet across all asset classes valued at over $600
million in the Washington DC metro area. Orr Partners is
one of the Mid-Atlantic's best known owners’ representation
firms. Since 1988, Orr has managed the development and
We can provide
SERVICES
• Industry Standard Accounting
the short and
• Timely Transparent Reporting
long term
• Efficient Utility Management
projections that
• Sustainability Management
are invaluable in
• Preventative Maintenance
decision making.
• Owner’s Mission Support
1
PRIMARY PROPERTY SERVICES
At Orr, providing outstanding service is our property
management staff’s primary goal. These services include
the following:
• Maintaining continuous communication with your staff on
all building-related issues
• Developing and implementing a comprehensive facility
operation plan and manual
• Creating Annual Operating and Preventative Maintenance
Budgets
• Employing all persons necessary to properly maintain
and operate your building
• Ensuring maintenance and repairs are performed by
trained technicians
• Managing leases and tenant relations
• Providing emergency services 24 hours a day, 7 days a
week, as needed
• Managing A/R and A/P processes and providing monthly
budget reports
• Employing industry financial controls and practices
endorsed and approved by large U.S. institutions,
ensuring the best financial practices are in place
• Providing institutional quality reporting with detailed
insight into the performance of your building
• Establishing and maintaining orderly books, records and
files containing all documents and papers pertaining to
the building and operational maintenance
• Conducting annual Operating Expense (OPEX)
reconciliations
• Soliciting competitive bids, making recommendations
and entering into contracts on building-related service
contracts including, but not limited to:
̶ Lighting Systems
̶ Pest Management
̶ Janitorial Services
̶ Exterior and Interior Landscaping
̶ Automatic Doors
̶ Recycling Program
̶ Refuse Removal
̶ Building Generator
̶ Fire Life and Safety
̶ Electrical Switchgear
̶ Electrical Systems
̶ Elevator Maintenance
̶ Parking Lot Maintenance
̶ HVAC Systems
̶ Window Cleaning
̶ Security
̶ Painting
OPTIONAL ADVISORY SERVICES
• Managing construction of major capital and tenant
improvement projects
• Analyzing Capital Expenditure (CAPEX) needs and Return
on Investment (ROI)
• Conducting acquisition and disposition analysis
• Performing debt and financing analysis
• Producing Net Present Value (NPV) analysis
2
CORNWALL MEDICAL OFFICE BUILDING
The property owner retained Orr Partners as property
LOCATION
Leesburg, VA
manager due to the level of customer service the
SQUARE FT
100,000
company provided during the development process. Orr
DESCRIPTION
Medical Office Building
uses the latest technology to support the tenants including
a web-based facility maintenance program that
MANAGED SINCE 2008
provides a direct link to the maintenance department for
submitting and tracking service requests and accounting
systems that customize financial reports for each tenant.
We provide an expert team of building specialists, including highly trained on-site building engineers that have a
reputation for prompt, responsive service with tenants and owners. Orr’s building systems experience and integrated
solutions allow us to effectively address
maintenance and lifecycle needs. The
property is comprised of over 20
individual practices ranging from 1,000
to 6,300 SF, including requirements for
outpatient surgery, wet and dry labs,
diagnostic imaging, and dialysis. Most
of the suites contain special sound
attenuating construction as well as
radiation protection, electromagnetic
frequency shielding, 24/7 constant
temperature, and conditioned power
supply.
3
CULTURAL MISSION OF THE ROYAL EMBASSY OF SAUDI ARABIA
LOCATION
Fairfax, VA
property prior to building commissioning based on the
SQUARE FT
80,000
level of customer service Orr demonstrated through the
DESCRIPTION
Class-A Office Building
MANAGED SINCE
2011
The owner engaged with Orr Partners to manage the
development process. Day-to-day operational procedures,
cost management practices and benchmarking are used to
provide the owner with state-of-the-art, detailed
information and reports that expedite and enhance their
decision-making process. This property consists of three
levels of underground parking with a five-story building
above that includes hard offices with systems furniture, a
café with seating for 50, a theatre, a ballroom, and an
museum.
4
HOUSE OF SWEDEN
Orr Partners was retained by the Swedish government to
manage House of Sweden, which houses the Embassy of
Sweden and the Embassy of Iceland, along with an
Event Center. As Property Manger, we provide regular
on-site engineer services and maintenance, along with
capital improvement plans. In addition, Orr provides
LOCATION
Washington, DC
SQUARE FT
87,300
DESCRIPTION
Embassy & Event Center
MANAGED SINCE
2014
guidance to embassy/event center staff
in navigating a positive relationship with
neighboring buildings, as well as
mediating with U.S. government
organizations, such as Department of
Consumer and Regulatory Affairs
(DCRA). This high-profile embassy and
event center requires the careful
attention to detail at which Orr excels.
5
1920 ASSOCIATION DRIVE
This property, built in 1971, presents Orr Partners with the
LOCATION
Reston, VA
challenges of maintaining an aging asset and its
SQUARE FT
51,000
DESCRIPTION
Class-B Office Building
MANAGED SINCE
2012
building systems. Despite this, our experienced building
engineers and on-site facility managers have provided the
client with an immaculate, sustainable property. Orr
Partners is providing the best level of service while
working closely with the owner to identify and
implement strategic solutions designed to streamline
their facility operations, while providing exceptional
service for their tenants.
6
4443 BROOKFIELD CORPORATE DRIVE
Upon selection as the new property manager for this
building, Orr Partners provided a seamless transition
from the former property manager. This building provides
us with another challenge in managing an aging asset
and its building systems. We’ve worked closely with the
owner to identify and implement strategic solutions to
streamline operations and ensure the building’s age is not
a hinderance to the owner or tenants. Orr’s experienced
staff copntinually provide the highest level of service.
LOCATION
Chantilly, VA
SQUARE FT
46,000
DESCRIPTION
Class-B Office Building
MANAGED SINCE
2012
7
GENERAL DYNAMICS HEADQUARTERS
Orr Partners managed the development, budget, schedule
LOCATION
Falls Church, VA
SQUARE FT
360,000
Partners facilitated the submission and approval of all
DESCRIPTION
Class-A Office Building
entitlements, including the public hearing process and final
TOTAL COST
$89M
and procurement of all services and contractors to
construct the 360,000 SF class-A office building. Orr
development plan approval. Orr also managed the
brokerage services to lease the building
while establishing a new company to provide
property management services and staffing for
the project.
8
FEDERAL DEPOSIT INSURANCE CORP. (FDIC)
Orr Partners provided project design and construction
LOCATION
Arlington, VA
SQUARE FT
450,000
included two nine-story office towers with a building
DESCRIPTION
Class-A Office Building
linking to the existing seven-story facility, 6,000 SF of
TOTAL COST
$105M
management for FDIC’s campus expansion, overseeing
every aspect of the project. This urban in-fill project
retail space and 250,000 SF of below grade parking on
three levels.
Orr provided leadership on 4.1 site plan approval
and coordinating the monitoring program with
local transit. The project won the Award of
Excellence Best Building from the NAIOP No. Va.
Chapter in 2006.
9
GEORGE MASON UNIVERSITY FOUNDATION 3434 WASHINGTON BLVD
The GMU Foundation engaged Orr Partners to manage the
LOCATION
Arlington, VA
design and construction of a 6-story, 206,000 SF office
SQUARE FT
206,000
DESCRIPTION
Class-A Office Building
TOTAL COST
$60M
building, with 13,500 SF of retail space, and a parking
garage for over 670 vehicles. The unique challenges of
this project included: submission of a General Land Use
Plan Amendment; the relocation of existing utilities
under Washington Boulevard; a significant site
remediation effort coordinated with Exxon and
management of 190,000 SF of tenant
improvements and multiple retail fit-outs.
10
U.S. PHARMACOPEIA
Orr Partners provided development management
services for the design and construction of U.S.
Pharmacopeia’s sustainable corporate headquarters
and consolidated laboratory facility at their existing
campus. This award-winning project included state-of-the-
LOCATION
Rockville, MD
SQUARE FT
169,500
DESCRIPTION
Consolidated Lab Facility
TOTAL COST
$33M
art analytical and wet chemistry labs, a 16,000 SF
meetings center with a 273-seat auditorium,
a volunteer lounge, five meeting rooms, a
training center and a below-grade parking
structure for approximately 365 cars.
11
MORTGAGE BANKERS ASSOCIATION (MBA)
MBA engaged Orr Partners to provide overnight services
for this 230,000 SF build-to-suit Class-A office
building and to manage the design and construction of
70,000 SF of interior office space for MBA. The
balance of the building, five additional floors of office and
LOCATION
Washington, DC
SQUARE FT
230,000
DESCRIPTION
Class-A Office Building
TOTAL COST
Confidential
11,071 SF of retail, will be leased by MBA to third parties.
The below grade parking includes three and a half
levels with 94 spaces. The base building design was
revised to incorporate LEED Certification and the building
has been certified LEED GOLD by the US Green
Building Council.
12
“The staff at Orr are both good listeners and effective
managers. They communicate in a timely and effective manner
and are diligent in addressing issues that arise daily on the
property. Their budgeting and accounting procedures are
accurate and produce the critical information that allows
the property’s owners to make informed decisions.”
John H. Cook, III, MD, Secretary/Treasurer, Cornwall Medical Development, LLC
“We have been extremely pleased with the level of
customer service Orr provides. Their experience and
attention to detail are second-to-none. They handle every
issue that arises in a timely manner and with a great attitude.
All of the financial reporting is 100% accurate.”
Dr. Musaid Assaf, Assistant Cultural Mission Attaché
for Technical Affairs, Saudi Cultural Mission – U.S.A.
“Orr’s staff has diligently worked to resolve problems and to
assist Grubb and Ellis in its leasing efforts [at McLean Village]. Their
work has added value to the property and helped reduce
investment risks. We appreciate the staff at Orr and their quick
and effective responses. This extends to the management, the
billing, oversight of repairs, or help with tenant relations.”
Rob Meeks, Senior Vice President, Grubb & Ellis Company
“The [Orr] team is the best property management company
I have ever encountered. They are competent, professional and
extremely reliable. I cannot be happier with the job they have done
and continue to do for us and would highly recommend Orr.”
Joel White, Manager at Richard B. Wirthlin, LLC, Owner of 1920 Association Drive
11180 Sunrise Valley Drive, Suite 300 Reston, VA 20191-4376
T 703-289-2100 F 703-289-2101 info@orrpartners.com www.orrpartners.com
Download