Asset management and lease administration is a major part of Drake’s operations. Operating retail properties efficiently is the key to maintaining occupancy and profitability. Drake’s view of property management is that there is no substitute for hard work. Managing properties is a daily job that requires constant attention. Drake has developed systems to ensure each property has the appropriate amount of on-site management and that the terms of the lease documents are being administered. Drake has created a calendar tracking system and a library of documents that have evolved over a decade of transactions. Drake prepares, negotiates and manages all of its documents internally. This attention to detail gives the company a large competitive advantage. Drake has developed a loyal network of consultants and contractors that can respond quickly to the needs of Drake’s properties.