Younan Properties Inc., headquartered in Los Angeles, with regional offices in Dallas, Houston, Chicago and Phoenix is a commercial real estate investment management company focused on leveraging our expertise to improve underperforming properties. Younan Properties specializes in acquiring, repositioning and managing office buildings within the top 10 markets of the U.S.
Utilizing proprietary market analyses, we combine an understanding of property management, leasing management and specific market insights. The result is our ability to improve underperforming assets. We have the expertise to proactively make value-added property improvements, accelerate leasing efforts to attract tenants, manage operating costs and generate more efficient utilization of acquired buildings.
We have assembled an institutional quality portfolio of office properties in Dallas, Houston, Chicago, Los Angeles and Phoenix, and we believe that the submarkets in which we own properties are among the most desirable in the markets in which we operate. Within these submarkets, we have acquired high quality mid- and high-rise properties in desirable locations with a diverse tenant mix.
Our senior management team has an extensive track record of leasing office properties that were acquired with significant vacancy. The favorable cost basis of our assets allows us to lease our space at competitive rents and mitigates the potential for significant impairments in our portfolio.