Capital Asset Management and Phoenix-based MODE Commercial Property Management have joined, combining teams and portfolios to strengthen their footprint in the Southwest and expand their medical, office and industrial portfolio under the Capital Asset Management brand.
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The merger builds on Capital Asset Management’s established expertise in retail, office, association and industrial properties. Along with MODE’s 70+ Phoenix-area properties the combined team now includes 74 real estate professionals overseeing more than 10 million square-feet of commercial space.
Founded in 2009 by husband-and-wife team Aaron and Rachelle Strole, Capital Asset Management has evolved from a retail-focused firm to managing more than 181 properties across Arizona, Nevada, Colorado, California and Hawaii. The company emphasizes tenant retention, customer service and innovation under its guiding principle, “Commercial Real Estate, Better.”
Aaron Strole said the merger marks a pivotal moment for the company.
“I am incredibly excited about this union, which brings together a highly skilled group of management professionals, the strategic expansion of our office portfolio, and the enhancement of our engineering team,” he said. “This represents a significant milestone in advancing our long-term vision to deliver professional, personalized service to our clients across all asset classes.”
That shared vision is echoed by Rachelle Strole, who notes that the merger builds on an already strong working relationship between the two firms.
“MODE has long been a respected name in commercial property management, and we have always valued the collaborative relationship we’ve shared,” she said. “Joining forces with their team and portfolio was a natural next step, and we are excited to leverage our combined expertise to deliver even greater value to tenants and clients.”
For MODE, the merger ensures stability while creating new opportunities. Property owners, tenants and employees will benefit from combined resources of both organizations, including Capital Asset Management’s portfolio team and accounting staff.
“Partnering with Capital Asset was a significant decision, but one we know will benefit our people, our clients, and our properties,” said Patty Hartley, Co-founder of MODE Commercial Property Management. “Aaron and Rachelle’s commitment to excellence and long-standing integrity in the industry, along with David Verwer’s continued leadership, made this partnership the right choice for the future.”
With the union complete, Capital Asset Management is reinforcing its position as one of the fastest-growing commercial real estate firms in the Phoenix metro area and the greater Southwest. Through continued strategic expansion, the company is positioned to deliver even greater value to its clients and strengthen its role as a market leader.
To learn more about Capital Asset Management, visit www.camcre.com or follow the company on LinkedIn, Instagram or Facebook.
