{"id":273,"date":"2025-11-04T15:18:00","date_gmt":"2025-11-04T15:18:00","guid":{"rendered":"https:\/\/primesitecre.net\/?page_id=273"},"modified":"2025-11-04T15:25:50","modified_gmt":"2025-11-04T15:25:50","slug":"cut-cam-costs","status":"publish","type":"page","link":"https:\/\/primesitecre.net\/?page_id=273","title":{"rendered":"Cut CAM Costs"},"content":{"rendered":"\n
\n\n

\n Cutting CAM Costs Without Cutting Corners\n <\/h1>\n

\n By Karen E. Matroni, CSM
\n Prime Site Management LLC\n <\/p>\n

\n\n

Shopping center and office building owners know the number one way to increase your NOI is through cutting your common area maintenance, or CAM, costs. I\u2019m going to outline some simple and effective ways to cut CAM while still maintaining a healthy and vibrant property. Prime Site Management<\/strong> is the company to hire for your commercial real estate needs \u2014 and here\u2019s how we can help.<\/p>\n\n

Bid Out Your Services Annually<\/h2>\n

The number one way to reduce CAM is by bidding out your recurring services every year. Like most property managers, I have my favorite contractors that I enjoy working with \u2014 but I still get annual bids because market prices change with market conditions. If another contractor underbids my current one, I\u2019ll offer my preferred contractor a \u201clast look\u201d to see if they can beat the price.<\/p>\n

If I find a contractor who\u2019s hungry for work, I can usually secure an under-market rate for the services I need. Starting at a lower base price means smaller contract escalations over time.<\/p>\n\n

Vetting Contractors Carefully<\/h2>\n

Vetting your bidders is crucial. Online reviews, letters of recommendation, and conversations with current clients provide valuable insight into a contractor\u2019s responsiveness and professionalism.<\/p>\n

Don\u2019t overlook smaller contractors! They often have lower overhead, which lets them underbid larger companies \u2014 and their owners are typically more hands-on. You may not get all the bells and whistles, but you\u2019ll likely receive better oversight and service. At Prime Site Management<\/strong>, we maintain an extensive contractor database capable of handling every property management challenge that arises.<\/p>\n\n

Budgeting for Predictability<\/h2>\n

Realistic budgeting is key to keeping CAM costs low. I aim to stay within 2.5%, plus or minus, of budget projections. Large CAM reconciliations can cause friction with tenants at renewal time, so knowing which projects belong in CAM versus capital budgets keeps both tenants and your financials healthy.<\/p>\n

Effective budgeting requires both knowledge and experience. Seeing \u201caround the corner\u201d is one of Prime Site Management\u2019s<\/strong> strengths. With over 29 years of experience in commercial property management and leasing, we know how to allocate funds to avoid major surpluses or deficits. Emergencies are handled efficiently because we plan ahead \u2014 evaluating each property\u2019s physical systems and budgeting for likely repair or replacement needs as they age. This proactive approach keeps your property stable and financially sound.<\/p>\n\n

Let\u2019s Talk About Savings<\/h2>\n

If you\u2019d like to learn more about cutting your CAM costs, reach out to me directly at \n 561-530-2181<\/a> \n or \n Karen@PrimeSiteCRE.net<\/a>. \n Let\u2019s discuss how we can make your property more profitable!\n <\/p>\n\n<\/article>\n\n","protected":false},"excerpt":{"rendered":"

Cutting CAM Costs Without Cutting Corners By Karen E. Matroni, CSM Prime Site Management LLC Shopping center and office building owners know the number one way to increase your NOI is through cutting your common area maintenance, or CAM, costs. I\u2019m going to outline some simple and effective ways to cut CAM while still maintaining […]<\/p>\n","protected":false},"author":1,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"footnotes":""},"class_list":["post-273","page","type-page","status-publish","hentry"],"_links":{"self":[{"href":"https:\/\/primesitecre.net\/index.php?rest_route=\/wp\/v2\/pages\/273","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/primesitecre.net\/index.php?rest_route=\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/primesitecre.net\/index.php?rest_route=\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/primesitecre.net\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/primesitecre.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=273"}],"version-history":[{"count":2,"href":"https:\/\/primesitecre.net\/index.php?rest_route=\/wp\/v2\/pages\/273\/revisions"}],"predecessor-version":[{"id":282,"href":"https:\/\/primesitecre.net\/index.php?rest_route=\/wp\/v2\/pages\/273\/revisions\/282"}],"wp:attachment":[{"href":"https:\/\/primesitecre.net\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=273"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}