Driving Value Via Asset and Property Management

SAN DIEGO—Asset and property management each provide different services for owners, but they can work together to drive value for a commercial property. Trigild recently took over property- and asset-management services for nearly 700,000 square feet of industrial and commercial property valued at $130 million, including the Genesee Executive Plaza in the Golden Triangle area of San Diego; Aero Business Center, a San Diego office/industrial complex; and the Atrium at Empire Lakes in Rancho Cucamonga, CA. We spoke exclusively with Brian Morelan, Trigild’s COO, about the similarities and differences between asset and property management and how they can work in concert to drive property values.

GlobeSt.com: What are the core differences between traditional property management and asset management?