SPRINGDALE, Ark., Feb. 5, 2019 /PRNewswire/ -- National Asset Services, (NAS) one of the Nation's leading commercial real estate companies, has assumed asset and property management of a Class-A, single-tenant, 30,339 square-foot industrial office property located in the heart of Northwest Arkansas, one of the Nation's most economically-thriving regions.
Recently built in 2015, the property serves as the North American Headquarters of an international freight transportation solutions company and is a wholly owned subsidiary of Burlington Northern Santa Fe Railroad, which is a wholly owned subsidiary of Berkshire Hathaway. The Company operates more than 30 offices throughout North America.
The property was recently purchased as a sponsored investment by NAS Investment Solutions (NASIS). The investment property was underwritten by NASIS and features a credit tenant rated "A+" by S&P Global as of March 2018. The tenant is on a long term, triple net lease and the property is projected to deliver a strong return with steady, monthly cash distributions.
Investment positions in the property are still available for a very limited time through NASIS. Interested accredited investors may contact Karen E. Kennedy, President and Founder of NASIS, at firstname.lastname@example.org or at 310-988-4240 for more information or to request a no-obligation investment brochure. The investment offering is structured as a Delaware Statutory Trust (DST) and is eligible for a 1031 exchange.
"This Class-A property is a perfect fit with our proactive management style," commented Ms. Kennedy, President and Founder of National Asset Services. "We have a high level of expertise in managing single-tenant properties, along with a successful track record of optimizing expenses while maximizing returns for investors throughout an investment's hold period. We look forward to delivering an unparalleled level of management services to the property's tenant and our investment clients."
The location in Springdale is the second property-managed location in the Northwest Arkansas area for NAS. The company also manages a 30,829 square foot, Class-A office building in Bentonville.
The Springdale location expands NAS' office property management portfolio to 50 properties. The Company's total nationwide management portfolio expands to over 90 properties, comprised of nearly 10.5 million square feet of commercial real estate in 25 states.
About National Asset Services (NAS)
NAS is a commercial real estate management company that works with over 90 investment groups in properties of a nationwide portfolio valued at over $2 billion. The company manages a wide range of diverse commercial real estate: Office, medical office, multifamily, retail, student housing, assisted living and industrial flex properties. The company manages solely owned and multi-owner properties. NAS offers a wide range of asset management capabilities. They include: Property management; project management; lease administration; acquisition and disposition services; real estate strategy analysis; long-range business objectives; monitoring changing market conditions; investor relations; real estate and investor accounting; loan modification and workout solutions; exit and hold strategies; leasing & marketing; tenant retention plans; research studies; site selections; feasibility studies; insurance risk management; capital improvement planning and tracking; property tax appeal services and cost segregation services.
Headquartered in Los Angeles, California, NAS operates regional offices in Orlando, FL and Austin, Texas.
About NAS Investment Solutions
NAS Investment Solutions was established to leverage the company's vast experience in investment property management by identifying, acquiring and enhancing commercial real estate investments across all sectors of the real estate industry.
For more information about National Asset Services and NAS Investment Solutions, visit nasassets.com or nasinvestmentsolutions.com
SOURCE National Asset Services