As a natural outgrowth of our work in the construction industry, Parker, Smith & Feek has a long history of providing risk management services to the real estate industry. Our involvement began in earnest in 1959 with the construction and occupancy of Seattle’s Norton building, the city’s first modern skyscraper. Today, commercial office buildings, universities, schools, hotels, condominiums, hospitals and warehouses make up the multi-billion dollar portfolio of property we arrange insurance for each year.
We are specialists at analyzing and reviewing leases and the insurance provisions they require. Our staff works with property owners to develop a strategy for establishing loss limits and deductibles. Risk management is high priority for our property management clients, and our resident loss control engineer provides assistance in establishing facility maintenance schedules, review fire suppression and alarm systems, and interpret the loss control recommendations of insurance company safety engineers. We know and understand the individual risks associated with owning and managing real estate and have cultivated the risk management techniques and the insurance markets to provide owners, tenants and the general public the best personal and property protection available.
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