Founded over 20 years ago, Canon Business Properties, Inc. is a privately held firm specializing in property management, real estate development and investment opportunities.
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Commercial Property Management in Riverside, CA
- Commercial Property Management in Riverside, CA
- The Best Commercial Property and Construction Management Company for Elite Clients in California
- Canon Business Properties, Inc.: A Reputation for Excellence
- The Only Partner You'll Need for Commercial Property Management in Riverside, CA
- Full-Service Commercial Construction Management in Riverside, CA
- Close On-Time with Commercial Brokerage Services in Riverside, CA
- Will the Los Angeles Real Estate Market Recover After Recent Wildfires?
- Canon Business Properties, Inc.: The Premier Choice for Commercial Property Management
Experienced commercial property owners know that one of the most important decisions after acquiring an asset is selecting a top-tier property management firm with years of high-level experience. This crucial choice helps ensure the property is well-maintained and appreciates in value over time. Anything less can present owners with a series of challenges that negatively impact their ROI.
Unfortunately, just about anyone can claim to be a property manager these days. However, savvy property owners understand the importance of vetting and securing services from a reputable commercial property management company in Riverside, CA.
We are not talking about unreliable LLCs. We're talking about established firms with a track record of excellence, like Canon Business Properties, Inc., who deliver real results to long-term clients. Unlike less reputable companies, Canon Business Properties, Inc. is a privately held firm with unrivaled expertise that offers custom services to an elite client base.
Whether you own commercial, retail, industrial, or office real estate in The Golden State, our team is ready to show you why we are the best.
Canon Business Properties, Inc.: A Reputation for Excellence
When you want to try Le Chat Noir French Restaurant in Riverside, CA, you don't go to a mid-tier chain restaurant and expect to be impressed.. You drive to the Mario's Place in Riverside, CA. Similarly, when you are in search of the most sought-after property management company on the West Coast, you do not settle for mediocrity. You choose Canon Business Properties.
Founded over 20 years ago by Alexander Radosevic, Canon Business Properties, Inc. is a privately held firm specializing in commercial property management, commercial construction management, real estate development, and investment opportunities. Property owners and managers around the world look to us to provide them with expert advice on commercial and industrial property management. They also look to us to initiate and manage comprehensive commercial building plans and property sales. That is especially important in California, where wildfires have ruined hundreds of commercial properties since January of 2025. With a portfolio valued at over $1.5 billion dollars, owning, investing in, and managing industrial, commercial, office, and retail properties is our bread and butter.
The Canon Business Properties, Inc. Difference
With more than two decades of experience in commercial property management, commercial construction management, and commercial brokerage services, no two companies are quite like Alex Radosevic's Canon Business Properties, Inc. We take pride in cultivating personal, long-term relationships with our clients built on integrity, trust, and mutual respect.
Here are just a few reasons why our clients rely on us to provide real ROI:
Our Expertise
With a diverse portfolio exceeding $1.5 billion in value, we specialize in the management of various property types, including industrial complexes, commercial centers, office buildings, and retail spaces. Our expertise allows us to navigate the unique challenges and opportunities presented by each sector, ensuring optimal performance and value enhancement for all properties under our care. Whether it is overseeing the operations of bustling retail environments or maintaining the efficiency of modern office spaces, our commitment to excellence drives our success
Our Clients
Our clientele is diverse and includes a range of sophisticated groups and individuals. Some of our clients include families seeking to secure their financial future, sovereign wealth funds, seasoned real estate investors looking for commercial property management in Riverside, CA, and high-net-worth individuals who need tailored investment solutions to meet unique goals and family legacies. Each of these clients brings distinct needs and aspirations, allowing us to provide customized strategies that cater to their specific circumstances.
Our Values
It does not take a graduate from UEI College Riverside in Riverside, CA, to know that personal client relationships are most often built on integrity, trust, and mutual respect. That is why we prioritize open communication and transparency. When we work with a new client, we want a deeper understanding of their needs and aspirations. This commitment allows us to build not just professional connections, but meaningful partnerships that stand the test of time.
Now that you know more about what separates Canon Business Properties, Inc. from other companies in Los Angeles, let us take a closer look at a few of our specialties: commercial property management, commercial construction management, and commercial property sales.
The Only Partner you will Need for Commercial Property Management in Riverside, CA
At Canon Business Properties, Inc., we focus on managing commercial properties for owners who demand the best. Most of our new clients come to us as referrals from satisfied business owners, family offices, sovereign funds, and high net-worth individuals who trust us and our long-term relationships.
Canon is a leading firm in managing commercial, office, retail, and industrial properties. We earned our reputation by consistently exceeding expectations and providing returns on investments that perform better than the market average. We currently manage a commercial portfolio worth over $1.5 billion, which includes some of the world's most valuable and prestigious properties. Over our many years in business, this proven track record of success has made Canon the go-to firm for "in the know" clients demanding the best.
Our elite, white-glove property management services cover all the essential needs for managing high-end properties and more. With strong relationships in Silicon Valley and a reputation for cutting-edge technology, we deliver excellent results at prices that others are envious of. Having our own commercial construction management team and extensive local market knowledge does not hurt, either.
Some of the most common commercial property management services we offer include:
Tenant Screening and Selection
It does not take a graduate from University of California Riverside Extension in Riverside, CA, to know that personal client relationships are most often built on integrity, trust, and mutual respect. That is why we prioritize open communication and transparency. When we work with a new client, we want a deeper understanding of their needs and aspirations. This commitment allows us to build not just professional connections, but meaningful partnerships that stand the test of time.
Capital Improvements
To preserve and increase the value of real estate, it is important to consistently and carefully assess its physical state and all capital upgrades. We offer budget-friendly resources to help assist in this critical step. Our experienced team meticulously oversees every aspect of each project, from negotiating bids to maintaining budgets and schedules. Jump to the commercial construction management section of this page for more information on how Canon improves your property investments in California.
Financial Reporting and Accounting
We provide tailored accounting services using Yardi Voyager, a sophisticated yet user-friendly property management software platform. Clients and their advisors can view accounting, leasing, and maintenance information, as well as every facet of their portfolio, in real time via a highly secure and reliable portal. Our robust internal controls, backed by a system of checks and balances, ensure precision and offer assurance.
Financial reporting and accounting from Canon Business Properties, Inc. can include:
- Collection and Dues
- Expense and Monthly Income Reporting
- Forecasting and Budgeting
- Delinquency Stabilization
- Accounts Payable and Receivable
- Reserve Analysis and Valuation
- Bank Reconciliation
Maintenance and Repairs
We work with the vendors our clients prefer and can provide a trained local maintenance staff for each property if needed. These experts will collaborate to create plans that can anticipate and address maintenance needs. Our maintenance and property management teams offer effective solutions by handling many important tasks that other companies outsource at a higher cost. This leads to better operational efficiency, higher quality tenants, and improved performance.
While other property management firms might cut costs by delaying necessary maintenance, we recognize the long-term problems that can arise from such choices. In worst-case scenarios, maintenance issues can be hazardous, leaving tenants injured in The Gardens of Riverside in Riverside, CA. That is why we take a proactive approach by managing maintenance contracts and providing monthly service reports.
The above is only a sampling of our comprehensive commercial property management services in Riverside, CA. We also offer:
- 24-Hour Emergency Response
- Unlawful Detainer Actions
- Property Inspections
- Vendor Bid Management
- Code & Regulation Compliance
- Licensing and Permitting
- Commercial Construction Management
- Commercial Brokerage Services
- Much More
Full-Service Commercial Construction Management in Riverside, CA
When you have developed over 1 million square feet of real estate, it is safe to say you know how to source and guide skilled craftsmen for efficient construction management. At Canon Business Properties, Inc., we only work with quality contractors and subcontractors who are highly conscientious, follow building codes, and have the skills and resources to deliver great results. From the first bids to the ribbon-cutting ceremony, we take care of everything for you - which is particularly important for those recently affected by California's wildfires.
If you own an apartment complex or building that has been compromised due to a natural disaster like wildfire, you are probably thinking about what steps to take next. If your goal is to build back better and stronger than ever, look no further than Canon Business Properties, Inc. to help. We have a special place in our hearts for those affected by the recent wildfire tragedies. As such, we will do everything in our power to help you rebuild your apartment complex or commercial property.
Our long-term relationships with contractors help us get competitive bids for high-quality work. Plus, we offer bespoke construction management through our staff and a network of construction professionals. By leaning on Canon, you can focus on caring for your family while we handle the hard work and resurrect your investment.
Construction Management Phases
Typically, a commercial construction project includes three phases and can take years or more to complete, depending on the scope of the project. The three phases of construction include:
Design Phase
The main tasks of this phase include selecting architecture and engineering consultants, developing the engineering scope while coordinating with the building engineer, and preparing the budget and schedule. It also involves issuing drawings for permits stand reporting progress to the property owner.
Bidding Phase
During the bidding phase, we will first prepare a request for proposal and select suitable contractors to bid on the project. Following this, a pre-construction meeting will be held to discuss the project scope and review the relevant building rules, regulations, and requirements.
Once bids are received, we will thoroughly evaluate and qualify them, preparing a bid comparison to facilitate the contractor selection process. After selecting the most qualified contractor, we will report the results and progress to the owner, ensuring transparency and alignment with their expectations.
Construction Phase
The construction process begins with closely monitoring the demolition to ensure compliance with building regulations, followed by the creation of a construction progress meeting schedule. It is essential to resolve any field conflicts that may arise, alongside reviewing change orders to keep everything on track.
Throughout the construction phase, we monitor all ongoing work and maintain effective communication with the tenant regarding their needs. We also help coordinate important aspects like telephone and data services, furniture arrangements, and the tenant's move-in date. Additionally, a thorough review of payment applications and supporting documents, including lien waivers, is necessary to maintain financial transparency. As the project nears completion, preparing a punch list and managing the contract close-out, along with providing onsite supervision, ensuring quality control, and finalizing finishing details, sets the stage for a smooth move-in process
Close On-Time with Commercial Brokerage Services in Riverside, CA
When you need an aggressive marketer and negotiator for commercial real estate, look no further than Alexander Radosevic and Canon Business Properties, Inc. Our expertise in the industry and knowledgeable brokers offer many advantages for investors, developers, landlords, and tenants. In fact, we offer tailored strategic planning for each property and develop personalized solutions to address a range of nuanced client needs. At the end of the day, we work as a team to successfully lease, acquire, and dispose of properties on behalf of our clients - and we do it much better than your average agent with a "big box" brand.
Some of our commercial brokerage services include:
Marketing for Commercial Sale or Lease
Prior to promoting a property for sale or lease, Canon assesses its fair market value using our in-depth expertise and comprehensive market information. After finalizing the value, we establish a multi-faceted marketing plan aimed at potential buyers, tenants, and investors through a range of highly effective methods, including:
- Local and National Media Advertising
- Local and National Broker Cooperation
- Direct Mail
- Brochures
- Signage
- Online Digital Marketing Services
Transaction Services for Commercial Real Estate
To ensure successful transactions, we closely monitor expenses and collaborate with your financial and legal advisors. We provide support with due diligence, escrow services, business permits, construction oversight, and financing options, including take-out and bridge loans, purchase money financing, and refinancing. As skilled and seasoned negotiators, we formulate and present offers and counter offers and are happy to prepare closing transaction documents. Of course, we keep you and your advisors updated throughout each stage of this process. That way, you know exactly what is happening and how your transaction is progressing.
Will the Los Angeles Real Estate Market Recover After Recent Wildfires?
If you just read the headline above, chances are you or someone you know has been affected by the recent wildfires in Los Angeles County. They have left an enduring and depressing mark on our region's commercial real estate scene. In fact, the recent fires obliterated over 16,200 buildings and devastated more than 57,000 acres. This devastation has had a profound effect on commercial real estate in sectors like office, industrial, and multifamily properties.
Let's take a closer look at the short and long-term impacts of these wildfires, as well as recovery resources for those affected and what the future looks like in LA commercial real estate.
The Aftermath
The fires caused significant damage, with property losses estimated between $30 billion and $45 billion, affecting crucial commercial hubs like office parks and retail spaces. Insurance premiums in high-risk areas have surged, prompting many property owners to seek limited coverage through the California FAIR Plan after insurers decline renewals. This disaster has led businesses to reconsider leasing in high-risk locations - a trend that could disrupt the existing commercial property market.
Long-Term Impact
Some of the long-term impacts of the recent California wildfires may include:
Revival of the Industrial Market
The rebuilding process is anticipated to create substantial demand for industrial space, especially for industrial outdoor storage (IOS) properties. This could help fill current vacancies and encourage new development, although it may not immediately reduce decade-high vacancy rates.
Construction Costs and Regulatory Challenges
Tighter fire safety regulations and escalating construction expenses will make the rebuilding process more challenging. These elements could postpone projects and raise costs for both property owners and developers.
Small Business Recovery Resources
The California government has mobilized resources to support businesses and individuals affected by the Los Angeles wildfires. The California Office of the Small Business Advocate (CalOSBA) has created a list of recovery resources on the Outsmart Disaster website, including Disaster Recovery Centers (DRCs) and Business Recovery Centers (BRCs) for federal and state assistance. There are also grant programs available, like the LA Region Small Business and Worker Relief Funds and tax relief from the California Department of Tax and Fee Administration. These initiatives aim to facilitate the recovery process for those impacted by the wildfires.
The Road Ahead
The path ahead will be complicated and will include regulatory obstacles, rising construction expenses, and changes in investor confidence. In spite of these difficulties, rebuilding initiatives present an opportunity to rejuvenate the industrial sector and tackle current market disparities. That's where Canon Business Properties, Inc. comes in. If your commercial or industrial property has been compromised by the LA wildfires, know that our commercial construction management services in Riverside, CA, can help. As property owners in LA recover, we'll be there by their side to help rebuild and navigate the nuanced interplay of economic, regulatory, and environmental factors affecting our market's future.
Canon Business Properties, Inc.: The Premier Choice for Commercial Property Management
At Canon, we have learned over time that having an intimate knowledge of virtually every specific investment product - and the resources to bring those products to the table for our clients - allows us to be full service in every conceivable way. And that, in a nutshell, is what separates Canon from all the others: handling just about every aspect of your commercial property management, construction, and brokerage needs.
After all, caring for real estate requires complete transparency and honesty on all fronts. That's exactly what you will get from Alexander Radosevic and Canon Business Properties, Inc. Contact us today to schedule your discovery call and to learn more about why so many business owners, families, real estate investors, sovereign wealth funds, and high-net-worth individuals choose our firm.
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Latest News in Riverside, CA
$200M proposal aims to transform defunct Riverside Golf Course into outdoor sports destination
Leticia Juarezhttps://abc7.com/post/200m-proposal-aims-transform-defunct-riverside-golf-course-outdoor-sports-destination/15952352/
The $200 million proposal would turn the dormant Riverside Golf Course into an outdoor sports center for rafting, surfing and more.RIVERSIDE, Calif. (KABC) -- For nearly two decades, the Riverside Golf Course has sat dormant, its once-manicured fairways overrun with weeds. Now, the city is looking to transform the 126-acre property into a town center and an outdoor adventure destination.Riverside City Manager Mike Futrell ...
The $200 million proposal would turn the dormant Riverside Golf Course into an outdoor sports center for rafting, surfing and more.
RIVERSIDE, Calif. (KABC) -- For nearly two decades, the Riverside Golf Course has sat dormant, its once-manicured fairways overrun with weeds. Now, the city is looking to transform the 126-acre property into a town center and an outdoor adventure destination.
Riverside City Manager Mike Futrell said the plan, which is part of the city's Northside Specific Plan, aims to create a mixed-use space that blends recreation, retail and hospitality.
"Our vision is a vibrant area that would include a grocery store, high-end retail, a hotel, but also large outdoor activities and amenities that the community can enjoy," Futrell said.
The largest component of the project is the Riverside Adventure Center, an 85-acre public park with hiking and bike trails along with an action-sports facility.
"It is going to bring whitewater rafting, surfing, boogie boarding all kinds of exciting adventure activities to the Northside," said Mayor Pro Tem Sean Mill.
The proposed $200 million project will be privately funded, with no cost to taxpayers. The city plans to sell the land to developers at market rate.
"The way this is structured currently, it will cost the city nothing," said Futrell. "This is a pure private development."
Adrenaline Sports Resorts (ASR) is set to lead the development if the Riverside City Council approves negotiations. The company will have six months to submit a detailed proposal. One goal would be to have the Riverside Adventure Center up and running by June 2027, and offer it up as a site for one of the world's biggest sporting events.
"The Olympics would be the cherry on top, and we think it is absolutely going to be Olympic-quality," said Futrell. "But it is a long-term investment in sports and opportunity for local athletes and local residents."
While it will cost visitors to enjoy Riverside Adventure Center's main amenities, residents will be given a discount.
The City Council is expected to meet at City Hall on Tuesday to vote on the agreement with ASR.
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