Between the lines: profitable garage management. (includes related article on security measures in multistory parking facility): An article from: Journal of Property Management

This digital document is an article from Journal of Property Management, published by Institute of Real Estate Management on May 1, 1998. The length of the article is 2091 words. The page length shown above is based on a typical 300-word page. The article is delivered in HTML format and is available in your Amazon.com Digital Locker immediately after purchase. You can view it with any web browser.

From the supplier: The management of parking facilities is a challenging task for property managers. However difficult this responsibility can be, property managers have no choice but to deal with this issue because tenants or residents need to park their vehicles somewhere. In fact, the demand for parking has been increasing despite the emergence of telecommuting and virtual offices. Nevertheless, this task can also be a profitable venture for managers, especially if the parking facility is properly operated. There are three options for property managers regarding parking facilities. One is to lease the parking facility to a parking operator. The second is to outsource parking management via an employment contract with a parking operator. The final option is to manage the facility themselves. Each has its own advantages and disadvantages that managers should consider when deciding on an approach.

Citation Details
Title: Between the lines: profitable garage management. (includes related article on security measures in multistory parking facility)
Author: Jane Adler
Publication:Journal of Property Management (Refereed)
Date: May 1, 1998
Publisher: Institute of Real Estate Management
Volume: v63 Issue: n3 Page: p58(5)

Distributed by Thomson Gale