LOS ANGELES, Aug. 24, 2017 /PRNewswire/ -- National Asset Services (NAS), one of the Nation's leading commercial real estate management companies, has expanded its nationwide portfolio with the addition of a multifamily property in Dayton, Ohio and a retail property near Houston, Texas.
Dayton, Ohio--NAS has assumed asset management responsibility for a 351-unit, 302,755 square-foot multifamily property located about 4 miles northwest of downtown Dayton, Ohio. NAS executives will oversee the latter phases of an extensive property redevelopment project to lease-up and beyond. Recently re-named The Bridges of Pine Creek, the property consists of 351 units, with over 85% of the living spaces being two bedroom flats or townhomes.
Uniquely designed to feature three distinct neighborhoods, the low-rise garden apartment community includes a bark park, fitness trail, new playground, on-site laundry, secured entry and 24-hour emergency maintenance.
Baytown, TX--NAS has been named the commercial real estate management company for a 30,038-square-foot, big box retail property occupied by Best Buy, a multinational consumer electronics corporation headquartered in Richfield, Minnesota. NAS assumes property management and asset management responsibilities for the property located approximately 25 miles east of downtown Houston in Baytown, Texas. The building, constructed in 2005, is situated on a five-acre lot with 216 parking spaces.
"We look forward to maximizing performance at both properties. Both assets are a perfect fit with our management team's core experience and skillset," commented Karen E. Kennedy, President and Founder of National Asset Services. "Investors will benefit from our company's strong position to strategically leverage our nationwide resources in the commercial real estate industry."
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. NAS manages a wide range of diverse commercial real estate: Office, medical office, multifamily, retail, student housing, assisted living and industrial flex properties and a championship golf course. The company manages solely owned and multi-owner properties and offers a wide-range of asset management capabilities. They include: 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 Chicago, Illinois, and Austin, Texas.