Diversified Properties LLC announced on Wednesday the expansion of its property management division, which will offer real estate services to third-party property owners.
“Our mission at Diversified Properties is to create living and employment spaces that enrich the lives of our tenants,” said Nicholas W. Minoia, managing member of Diversified Properties. “We have a talented management team and have opportunities that we are actively pursuing. This expansion is a natural progression of our long-term vision.”
Minoia said the decision to extend services to third-party owners came in response to demand from industry partners. “Our brokers, attorneys, and development partners have been asking us to provide real estate services beyond our own portfolio,” he said. “As an owner and operator ourselves, we understand what makes property management, planning and construction truly effective—and cost-efficient.”
Diversified Properties’ expanded property management services are aimed at the following asset types: flex industrial, multi-family, office, and retail properties. Diversified Properties plans to hire additional property managers and superintendents as the portfolio of managed properties continues to grow.
The company said the executive team at Diversified Properties has more than 75 years of combined experience in residential and commercial development in the Northeast.
