
Tricera Launches Subsidiary Third-Party Commercial Property Management Company
Miami-based commercial real estate investment firm Tricera Capital is expanding its property management platform. Led by Ben Mandell, the full-service firm will provide a suite of management, accounting and related services for commercial real estate assets through its Tricera Management vehicle.
Previously, Tricera Management focused on managing Tricera Capital’s portfolio of more than 35 office, retail and mixed-use assets. A newly finalized merger with Native Management marks Tricera’s foray into third-party property management. Native Management is an affiliate of Fort Lauderdale-based real estate brokerage Native Realty led by Jaime Sturgis. Native Realty, the real estate brokerage, is not part of the transaction and is an independently owned company.
This new joint venture adds 13 properties totaling ~299,000 square feet to Tricera Management’s portfolio.
Tricera Management’s vertically integrated approach guides clients through all stages of real estate ownership, including property management, maintenance, accounting, budgeting and reporting, project management and risk management.
- ◦Sale/Acquisition