Cervelli Real Estate & Property Management | Cervelli Real Estate & Property Management is pleased to Announce a Successful Transition of Two Strip Centers of 130,000 square feet in Morris & Passaic County into an Appreciating Asset

Cervelli Real Estate & Property Management is pleased to Announce a Successful Transition of Two Strip Centers of 130,000 square feet in Morris & Passaic County into an Appreciating Asset

March 15, 2017
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Cervelli is pleased to announce a successful transition  of two strip centers of 130,000 square feet  in Morris and Passaic County into an appreciating asset. The under performing  properties are corporately  owned and were managed by a national property management company.

 

We immediately performed a comprehensive investigation and created a plan to address Ownership concerns. In less than 12 months income has been maximized and expenses are under control. The properties are now generating a positive income and are an appreciating asset . This was accomplished based on our expert staff and the development and implementation of a comprehensive plan.

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