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Property & Asset Management

Our Goal: "To provide our clients with the highest possible return on their investments, considering both the goals of ownership and the economic life of the property." Professional property management today requires a well-trained, motivated, experienced and educated staff of professionals with the most modern back-up and support group available. At Property One, Inc. we dedicate the necessary resources and up-to-date management techniques and technologies available.

Featured Projects

4141 VETERANS

1201 CANAL

FEDERAL FIBRE MILLS

MARINA VISTA

ALGIERS PLAZA

Case Study

Office
4141 Veterans

Metairie, LA

PROJECT OVERVIEW

Yale St. Investors purchased this 33,000 square foot office building complex that was still showing signs of damage from Hurricane Katrina. The Property One team quickly assessed the maintenance/construction needs of the property and embarked on a $400,000 retrofit to restore the property to full functionality. Improvements to the building included new HVAC equipment, upgraded elevator system, roof repairs, fenestration water proofing, lobby upgrades and added parking. As a result, and with a strong leasing and marketing plan in place, the building quickly jumped to 100% occupancy.

  • As a result of Property One’s outstanding management practices we were able to negotiate a below market rate for non-recourse financing.
    John Sibal / Mortgage Broker

Case Study

Multifamily
1201 Canal

New Orleans, LA

PROJECT OVERVIEW

Formerly home of the Krauss department store, this historic property, located on world famous Canal St. is adjacent to the French Quarter. It was transformed with 200 units of prime residential living in 2008 by KFK Development. With a roof top pool providing stunning views of the city and Mississippi River, 1201 has quickly become a favorite for locals and out-of-towners looking for a second home in New Orleans. KFK Development retained Property One during the initial lease up phase to provide asset and property management services.

  • Property One has provided strong management oversight of this complicated property since its opening in 2010.
    Lee Cuicchi

Case Study

Condominium Home Owner Association
Federal Fibre Mills

New Orleans, LA

PROJECT OVERVIEW

Built over one hundred years ago, this incredible property was used during the 1984 World’s Fair to house the Beer Garden Restaurant. After the fair, the building was converted to 142 condominium units. Property One was retained to manage the property. Since that time, a comprehensive management plan was initiated including recommendations for security, concierge services, housekeeping, maintenance, equipment replacement, accounting, finance and human resources.

  • Property One staff and oversight at this property has consistently been solid!
    David Federico, Board President

Case Study

Retail
CocoWalk

Coconut Grove, FL

PROJECT OVERVIEW

CocoWalk is a 200,000 square foot, four-level, open-air lifestyle, mixed use development located in Coconut Grove, FL (South Miami). It also includes an 840-space attached parking garage and a 20,000 sq. ft. office building. For several years, it suffered from loss of tenants, poor management and deferred maintenance.

In 2005 PMAT, a New Orleans retail development group, purchased the property and retained Property One to provide property management, accounting, physical asset assessment, budgeting and project administration. A comprehensive renovation plan totaling over $10 million was launched. With a strong marketing and leasing plan and an exciting grand opening event, CocoWalk once again became “the” development in the “Grove”.

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