Commercial Real Estate Operations

The quiet work of running a commercial portfolio.

Meridian Gable runs lease administration, CAM reconciliation, and back-office operations for independent owners of commercial portfolios. The work fits owners of roughly eight to twenty buildings most closely, and serves five to twenty-five. We are not software. We are not a brokerage team. We are an operations discipline.

OPERATING RECORDTenant 04 — Harbor PointeLEASE ABSTRACTSuite300 / NNNTermJan 2024 — Dec 2028Escalator3.0% annualPro-rata8.4% of poolCRITICAL-DATE LADDER180Insurance COI refreshCLEARED120Renewal option window opensNEXT ACTION90Estoppel certificate duePENDING60Notice deadlinePENDINGCAM RECONCILIATIONPool$400,000Share8.4%Recovery$33,600
Illustrative operating record. Figures are representative, not client data.
Section 02
What the engagement protects

Three outcomes, measured.

01

NOI protection

Every misstated CAM charge and missed escalation is a permanent NOI loss. Structured lease logic and quarter-close controls keep recoveries where they belong.

02

Critical-date control

Renewal windows, estoppel deadlines, insurance, and expirations tracked on a 180, 120, 90, and 60-day cadence. No window closes unwatched.

03

Audit-ready records

Every reconciliation traces to a source document. Every lease abstracted into a structured record. Operating questions answered in seconds, not rereads.

Section 03
Positioning

Operations, not software.

Enterprise platforms are built for REITs. Spreadsheets leak NOI. Meridian Gable is the middle ground: a discreet operating partner for owners who need rigor without enterprise overhead.

Your attorneys still draft your leases. Your CPA still prepares your returns. Your broker still sources your deals. We run the work between signing and renewal with measurable controls, review discipline, and complete records.

$8,000
What a 2% CAM error costs on a $400,000 pool

A small reconciliation miss is rarely small in total. Over-refunds and under-recovery both erode NOI. This is exactly where structured lease logic, gross-up discipline, and quarter-close controls matter.

Section 04
Operations lifecycle

One continuous operating cycle.

Every portfolio runs the same five-stage cycle. We run all five, on cadence, with records at each handoff.

i.Abstraction
ii.Critical dates
iii.CAM reconciliation
iv.Tenant billing
v.Reporting
Section 05
Service lines

Five disciplines, one engagement.

i.

Lease administration

Escalators, options, stops, caps, reimbursement clauses, and guarantor obligations in one operating source of truth.

ii.

CAM reconciliation

Deadline-accurate reconciliations with line-item support and audit-ready documentation.

iii.

Critical date tracking

180, 120, 90, and 60-day notice cadence for renewals, estoppels, insurance, and expirations.

iv.

Tenant correspondence

Professional owner-approved outreach under your name, with consistent tone and complete records.

v.

Lease abstraction

Structured abstracts for every tenant so operating questions are answered in seconds, not rereads.

Open full service detail

Section 06
Portfolio profile

Independent owners, 8 to 20 properties.

The work fits owners of roughly eight to twenty buildings most closely. We serve five to twenty-five.

8–20Core fit
$1M–$8MRent roll
Self-managedor lightly-managed
LLC · Family LP · S-corpTypical ownership
Section 07
Illustrative example

Harbor Pointe Holdings

Illustrative

Based on typical 12-building portfolio economics

A representative economics model used to pressure-test operating value before engagement.

Recovered prior-year CAM under-billings
$10,000
Captured renewal rent increase (prorated year one)
$9,000
Avoided write-offs from late or disputed reconciliations
$5,000
Total annual financial value (conservative)
$24,000
Section 08
Pricing · published, not requested

Transparent monthly pricing.

Starter
5–10 properties
$1,800/month
+ $2,500 onboarding
Core
11–20 properties
$2,800/month
+ $4,000 onboarding
Portfolio
21–30 properties
$4,200/month
+ $6,000 onboarding
Section 09
Scope clarity

What we do. What we do not.

What we do

  • Lease administration and abstraction
  • CAM reconciliation prep and support
  • Critical date alerting and controls
  • Tenant correspondence drafting
  • Portfolio operating reporting

What we do not

  • Draft leases (your attorney does)
  • Prepare tax filings (your CPA does)
  • Broker transactions (your broker does)
  • Collect rent or hold trust funds
  • Execute documents on your behalf
Section 10
Trust signals

Operating under clear standards.

Principal

Charles Ashe

Office

4000 S. Faber Place Drive, Suite 300, Charleston, South Carolina 29405

Coverage

E&O: $1M per claim / $2M aggregate

License

SC license number published on issuance

Section 11
Thirty minutes. No pitch.

Bring one CAM schedule, one renewal option, or one tenant problem.

We tell you what we see, what matters now, and what can wait. No proposal is sent without your request.

Book discovery call

No proposal sent without your request. No follow-up sequence.