Genuine Expertise
Built on Integrity,
Grit and Dedication
INTERSTATE Management is a full-service property management company that has been providing quality service to clients across the United States for over 20 years. We are a family-owned and operated business, and we take pride in our reputation for being honest, dependable, and hardworking.
We currently manage shopping centers throughout the Eastern US, making us one of the premier property management companies nationwide!
Managed Centers
Merritt Creek Farm
Located off Exit 155 (Gateway to West Virginia University), University Town Centre is just minutes away from West Virginia University and their famous sporting complexes.
University Town Centre’s tenants include: Wal-Mart, Target, Sam’s Club, PetCo, Shoe Dept., Dress Barn, T.J. Maxx, Bed, Bath & Beyond, Old Navy, Dollar Tree, Rue 21, Barnes & Noble, Best Buy, Giant Eagle, Dick’s Sporting Goods, Hollywood Theater, and Home Goods.
University Town Centre
Located off Exit 155 (Gateway to West Virginia University), University Town Centre is just minutes away from West Virginia University and their famous sporting complexes.
University Town Centre’s tenants include: Wal-Mart, Target, Sam’s Club, PetCo, Shoe Dept., Dress Barn, T.J. Maxx, Bed, Bath & Beyond, Old Navy, Dollar Tree, Rue 21, Barnes & Noble, Best Buy, Giant Eagle, Dick’s Sporting Goods, Hollywood Theater, and Home Goods.
Park Place
Totaling over 400,000 square feet of space, Park Place will be home to large anchor stores, retail outlets, and restaurants. Park Place will be an economic boost to South Charleston and the surrounding areas.
The Falls
Anchored by Lowe’s, The Falls will encompass over 1 million square feet of retail space, generating millions of dollars in annual sales for the city of Bristol, Virginia and the surrounding region. The Falls will draw approximately 2 million annual visitors, while projected traffic counts on I-81 and Lee Highway approach 100,000 A.D.T.
Tanyard Station
Building on the site of the historic CSX railroad yard along the Mud River and Tanyard Branch Creek in Barboursville, Tanyard Station will be one of the larger retail developments in Cabell County. Totaling over 200,000 square feet of space, the 50-acre site will be home to large anchor stores, retail outlets, restaurants, a bank, a hotel, a convenience store and a coffee shop. Tanyard Station will be an economic boost to the region, bringing additional jobs and commerce to the I-64 corridor in Cabell County and the Village of Barboursville.
Bluefield Shopping Center
Bluefield Shopping Center is located at the intersection of US-460 & Leatherwood Lane in Bluefield, VA. The center is anchored by Food City and Food City Fuel Pumps. The property also features Pizza Hut, a Carwash, and Check Into Cash.
Shoppes at Roan
Shoppes at Roan is located at one of the busiest intersections in the Tri-Cities. Tenants include McAlisters Deli, CVS, Mattress Firm, Sun Tan City, and Johnny Brusco’s Pizza. 2,545 SF +- currently available.
State of Franklin Shopping Center
State of Franklin Shopping Center is located on North State of Franklin Road in Johnson City, TN. Up to 67,000 sf available. High Visibility with 50,000 ADT Traffic Exposure. Adjoins 62,000 sf Food City grocery store – largest in chain.
Herd Stadium Center
It is currently built and open and has SBX, Smoothie King, Papa John’s, and Qdoba. Directly across from Marshall University, this is an excellent opportunity with high visibility, foot and vehicle traffic.
INTERSTATE Management has been providing valuable property management services to clients nationwide. As a property owner, you want to work with a company that has genuine management skills with the expertise to ensure Landlord’s lease terms and conditions are being met, while maintaining their valued investment.
Our experience has shown that most investors do not have time to stay in constant communication with their tenants. A tenant is less likely to re-locate if their concerns are being addressed in a timely manner, thus resulting in less vacancy and steady rental income stream.
Services Offered
Administrative Management Services
Accounting
- Maintain all tenant ledgers, rent rolls, leases and accounting information utilizing Yardi accounting software specifically designed for property management.
Budgeting
- Create and maintain annual budgets with predicted cash flows for drawing.
Payments
- Monitor cash balances with online abilities and provide for payment of services, including ACH payment of mortgages to avoid the risk of penalties or late fees.
Rent Collection
- Supervise the collection of all rents and other charges.
Utilities
- Coordinate utilities, HVAC contracts and insurance responsibilities with tenants according to their leases.
Liason with Legal
- Administer prompt collection of all delinquent amounts, including defaults, and handle coordination with legal counsel when necessary.
Year-end Reconsiliation
- Handle year-end reconciliation of all CAM, insurance and property tax charges.
Reporting
- Customize financial information and monthly reporting to meet your needs, as well as that of lenders, if applicable.
Maintenance Management Services
Management
- Control and verify all purchases, and ensure that they are properly processed for payment.
Supervision
- Oversee the hiring, training, supervision and dismissal of all on-site personnel engaged in the operation of the property (subject to limitations).
Coordinate maintenance
- Secure bids for, coordinate and supervise all maintenance and/or general repair work to be performed by outside contractors/vendors. (Does not include construction management services for tenant improvements.), training, supervision and dismissal of all on-site personnel engaged in the operation of the property (subject to limitations).
Direction
- Provide overall direction and control of common area maintenance (CAM) and repairs on the property.
Comunication
- Maintain an open line of communication with tenants, and handle all complaints and project-related problems on a 24-hour basis.
Reports
- Maintain frequent contact with property owners, or any consultants of property owners (i.e., attorneys, accountants), to ensure the efficient and correct management of the property.
Administration
- Administer the review, reconciliation and approval of all expenses prior to payment, provided that INTERSTATE Management shall obtain owner’s approval for any unusual expenses not incurred in the ordinary operation of the property.
Reporting
- Customize financial information and monthly reporting to meet your needs, as well as that of lenders, if applicable.