The Loughlin Management Group, Inc. is a full
service commercial property and asset management company based in
Annapolis. The company is owned and headed by its president, David
P. Loughlin.
A track record of attaining superior financial
results for property owners such as Bank of America, Manufacturer's
Life Insurance (Manulife) and Motorola, Inc. over the past twenty-three
years establishes us as one of the premier real estate management
companies in the area.
For example, in a three year period as manager of
Metro-Plex, a first class, 300,000 sf office complex in Landover,
Maryland, Loughlin increased the annual net income from $106,000 to
over $1,000,000 by reducing operating costs while simultaneously
achieving and then maintaining an occupancy level of 97% with over
seventy tenants including General Motors, General Electric, NYNEX,
Siemens and New York Life.
Other examples include: 60
West Street, a 50,000 sf building in Annapolis, which has increased
its occupancy level from 40% to 100%. Tenants include Merrill Lynch,
IBM and Senator Barbara Mikulski. Ritchie Court, a 40,000 sf
building in Severna Park, which has increased its occupancy level
from 50% to 100%.
We believe that this success in attracting and
retaining tenants while simultaneously maximizing the property's
income is attributable to a management philosophy that emphasizes
(1) pride in performance coupled with a passion for service and
people-oriented work, (2) accurate, comprehensive budgeting that is
adhered to throughout the year, (3) meticulous, hands on attention
to detail and cost containment in operating the properties, (4)
aggressive rent and bill collection, (5) constant, intensive
interaction with current tenants and the brokerage community, (6)
immediate, professional response to tenants' needs with their total
satisfaction as the foremost objective, (7) creative leasing
proposals that specifically respond to prospective tenants'
requirements, (8) direct supervision of lease space construction to
assure reasonably priced work completed on time and with limited
disruption, (9) a unique tenant retention program including
newsletters, seminars and social events and, (10) thorough, timely
financial reporting to owners.