Younan Properties is a fully integrated, self-administered and self-managed commercial property management company that owns and manages Class "A" office properties located in five major U.S. office markets: Dallas-Fort Worth, Chicago, Houston, Los Angeles and Phoenix. Our focus on these markets reflects our strategy of investing in high-growth markets with strong and diversified economies that we believe will drive long-term demand for office properties. We are a full-service commercial property management group with substantial in-house expertise and resources in leasing, asset and property management, marketing, acquisitions, redevelopment, facility engineering and financing. As one of the largest and most experienced private commercial property management companies in the U.S., we employ a hands-on operational strategy that revolves around maximizing operating efficiencies. Our operational excellence has allowed us to decrease tenant occupancy costs and increase property cash flow.
- Younan Properties offers investors access to a premier portfolio of Class "A" institutional grade office properties around the United States.
- We believe we distinguish ourselves from other commercial property owner/management companies in a number of important ways and enjoy significant competitive strengths, including the following:
High Quality and Well-Positioned Office Portfolio.
We have assembled an institutional quality portfolio of Class "A" office properties in Los Angeles, Dallas-Fort Worth, Chicago, Houston, Phoenix and Colorado Springs. These assets were acquired as part of our strategy to own highly attractive assets in markets that we believe have diversified economies, strong medium- to long-term growth prospects and favorable office market fundamentals.
Demonstrated Leasing Capabilities.
Our senior management team has an extensive track record of leasing office properties that were acquired with significant vacancy. When we acquire properties, we generally look for assets with positive in-place operating cash flow and below submarket average occupancy, where we can apply our expertise and create value through lease-up.
Operational Excellence - Disciplined Approach to Operational Efficiency and Expense Management.
We believe in a hands-on approach to operational efficiency and expense management to help to enhance operating cash flows from the properties, while maintaining high-quality building services. As an experienced commercial property management company,Younan Properties’ in-depth knowledge of building systems and operations enables us to quickly determine solutions to operational problems and improve utilization of staffing for day-to-day operations. We believe that our expense management expertise translates into lower occupancy costs relative to comparable office space within our submarkets.
Diverse and Stable Tenant Base.
Our tenant base is well-diversified and includes more than 700 tenants in various industries including: professional, scientific and technical services; natural resources; finance and insurance; healthcare; government; education and real estate, with no industry representing more than 15.9% of our annualized rent.
Committed Management Team with Proven Track Record.
Our senior management team has on average more than 25 years of experience in office real estate and substantial expertise in all aspects of leasing, asset and property management, marketing, acquisitions, redevelopment, facility engineering and financing, including significant management experience at publicly-traded REITs.