Locally owned property management and real estate advisory, 380 Broadway, Providence

Looking up at office buildings in downtown Providence

Lenox Property Management Commercial property management

Commercial property management in Providence and across Rhode Island

Office, retail and mixed-use buildings run by a locally owned Providence team: rent and CAM charges billed and reconciled, space leased, and the building kept in shape, with a report every month.

Request a management proposal

Tell us about the property. We'll look it over and send you a proposal with the scope and fee.

Rather talk? Call 401-572-3322.

  • Locally ownedBased at 380 Broadway in Providence
  • Our own crewManagement and maintenance are handled in house
  • Always on callSomeone is available 24/7 for building emergencies
  • More than managementSales, leasing, and financing under the same roof

What we do for owners Commercial buildings run on the numbers

Commercial leases put more on the landlord's desk: shared costs to pass through, insurance to track, and tenants who expect fast answers. We handle it and report it every month.

Rent and CAM charges

  • Base rent and common-area, tax and insurance charges billed on schedule
  • Year-end reconciliation with each tenant, backed by the invoices
  • Tenant certificates of insurance tracked and renewed
  • A monthly owner report with the rent roll and arrears

Leasing

  • Vacant space marketed to tenants and local brokers
  • Prospective tenants' financials and business reviewed
  • Lease terms negotiated, and renewals tracked well before they come due
  • Estoppels and tenant paperwork for a refinance or sale

Building operations

  • Preventive maintenance on roofs, HVAC, parking and life-safety systems
  • Vendor contracts bid and managed
  • Tenant requests answered and tracked
  • Capital projects planned and overseen

Mixed-use buildings

  • Storefronts with apartments above, run as one building
  • Commercial and residential leases each handled under their own rules
  • One set of books and one report for the whole property
  • Apartments filled by our residential leasing team

Buying a commercial building? We underwrite and finance deals too. Have us look before you buy it.

Getting started How we take over a property

Whether you're leaving another manager or managing it yourself today, the handoff is our job, not yours.

  1. We walk the property

    With the board or the owner, so we see what you see.

  2. We read the documents

    Declaration and bylaws, or leases, plus budgets, contracts and insurance.

  3. You get a proposal

    Scope and fee in writing, before anything is signed.

  4. We take the handoff

    Records, funds, keys and vendor contacts from the previous manager.

  5. We introduce ourselves

    To unit owners or tenants, with how to pay and how to reach us.

  6. You get the first report

    At the end of the first full month, and every month after.

FAQ What commercial owners ask us

For anything about your own property, call 401-572-3322.

Request a proposal

What kinds of commercial property do you manage?

Office and retail buildings, mixed-use buildings with storefronts and apartments, and commercial condominiums across Rhode Island and Southeastern Massachusetts.

Do you handle CAM reconciliations?

Yes. We bill estimated common-area, tax and insurance charges through the year, then reconcile them against actual costs with each tenant at year end, with the invoices to back it up.

Do you lease commercial space?

Yes. We market vacant space to tenants and local brokers, review prospective tenants' financials, negotiate terms, and track renewals well before they come due.

Can you help with a refinance or sale?

Yes. We keep the rent roll, leases and operating statements in the shape lenders and buyers expect, and prepare estoppels and tenant paperwork when the time comes. Our brokers have sold commercial and multifamily buildings across the state.

Do you manage commercial condominiums?

Yes. We run the association side, from budgets and reserves to board meetings, and can handle leasing for individual unit owners as a separate service.

Can you take over from our current management company?

Yes. We collect leases, records, funds, keys and vendor contacts from the outgoing manager, set up the accounts, and introduce ourselves to tenants, so the owner does not have to run the handoff.

How is the management fee set?

We quote each property on its own after we walk it and read the leases. Size, tenant mix, age and how much of the work you want us to take on all count. You get the scope and fee in writing before anything is signed.

On a condo board?See how we manage condominium associations.

Condo association management

Contact Call, write, or stop by

We're in the office on weekdays. The form at the top of this page reaches us any time.

Office
380 Broadway
Providence, RI 02909
Get directions
Hours
Monday to Friday
9am to 5pm
Phone
401-572-3322
Fax 888-716-2001
Email
info@lenoxmanagement.com