About Us

PAAI provides commercial property management and leasing services to a varied client base of institutions, partnerships, corporations, family trusts and individuals that own commercial centers located in the Puget Sound Region. (See References).

Located in Bellevue, Washington, PAAI's geographical scope is from the Canadian Border to the north and the Oregon Border to the south. PAAI is a member of The Master Builders Association and The International Council of Shopping Centers (ICSC), participating in the annual conventions as well as all periodic NW Idea Exchanges.

Our Services:
Property Management
We invoice for and collect all income from each property: rents, Common Area Maintenance (CAM), percentage rents; administer lease clauses, resolve disputes cost effectively through intelligent and fair negotiations learned from a combined 50 years of retail management and leasing experience among the partners of PAAI. Our reputation for hands on, detail oriented face to face property management and our 100% accountability for our actions are distinct from our peer group competitors. We competitively bid each element of CAM annually to insure that the pricing we receive for our clients and their tenants is the best available in the marketplace. We will not sacrifice quality for pricing; we are consistently within 3% of our annual budget at reconciliation time. We visit each property regularly and inspect each with digital photo documentation for our use as well as for the ownership's information

Leasing
We also act as exclusive listing agents for many of our clients because we are pro-active with respect to leasing vacant space. We perform shopping center customer surveys to learn what the community desires within "their" center and propose tenant mix ideas when leasing opportunities arise. In this way we can anticipate trends and share pertinent community input with prospective lessees or their brokers in order to best represent the property. Our daily familiarity with each property's economics, its environs, tenant base, and our commitment to the subject property insures that our leasing efforts are highly effective. We will provide property management services without being involved in leasing, but most owners prefer us to being in the "hot seat" when it comes to portfolio vacancies!

Community Involvement:
Our Principals and Asset Managers have varied experience as advisors to Economic Development Councils within our market area, regularly attend city council hearings that pertain to properties under our stewardship and we financially support the Jewish Federation of Greater Seattle, Boys & Girls Clubs of America, YMCA, Young Women in Need, Young Life, and Corporate Council for the Arts. We each give our personal time to support family and religious organizations as we prioritize them. We are a fortunate group to be in a position to give our time and energies to improve the living conditions of others.

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