Younan Properties Establishes Corporate Services Program
LOS ANGELES, November 9, 2010 —Younan Properties, Inc., a privately held, fully‐integrated real estate owner and manager of Class A office properties in five major U.S. office markets announced that it established a Corporate Services Program as part of its Tenant Care Division to provide the Company's large corporate tenants with a single point of contact at the corporate level. Brian Hennessey, Vice President of Leasing for Younan has been named to this new position and will serve as the national contact for Younan tenants who lease 20,000 square feet or more in one of its 35 office properties.
According to Zaya Younan, Chairman and CEO, this program provides a direct line of communication to large corporate tenants that often have specialized requirements. "Our corporate tenants manage the complexities of a large workforce on a day‐to‐day basis. By designating an experienced professional at our Corporate office who personally knows the tenant requirements and priorities, we can deliver immediate solutions in the areas of lease administration, space build‐out or simply navigating the daily issues that arise from managing a large organization in an office environment.
"As a senior level executive with Younan, Brian has significant knowledge of our assets and he will provide a single point of contact to ensure that tenants needs are being expedited. An added benefit is immediate feedback from the tenant, which is invaluable to our continuous improvement process. As we find more ways to support our tenants and focus on their requirements, we will continue to increase these resources," he noted.
Hennessey rejoined Younan Properties in January of 2010 as Vice President of Leasing. From 2003 to 2006, he served as Senior Vice President for Younan Properties where he oversaw acquisitions and dispositions. During his tenure, Younan's portfolio grew to more than 8 million square feet of Class A office space. Currently Younan Properties serves more than 850 tenants in a variety of industries including professional, scientific and technical services, information technology, finance and banking, national resources, and legal services.
About Younan Properties
Headquartered in Los Angeles, Younan Properties, Inc., a privately‐held real estate investment and management company, specializes in acquiring Class A office properties in high‐growth markets throughout the United States. Known for its detailed, hands‐on approach to improving operational efficiencies while maintaining top building standards for tenants, the company is recognized for its success in turning around undervalued assets and maximizing the value of stabilized assets. Through the application of proprietary technologies and proactive management, Younan has accumulated approximately 11 million square feet of well‐located Class A office buildings valued at more than $1.5 billion in key markets in California, Texas, Illinois and Arizona. www.younanproperties.com.
Contact: Denise Davis