LOS ANGELES, CA (May 23, 2006) Younan Properties, Inc. (YPI), has promoted Tricia McQuinn to Vice President of Operations. From YPI's Dallas, TX office, Ms. McQuinn will be responsible for overseeing and managing Younan Properties' fastest growing regions in Texas with over 4,000,000 sq. ft. of holding today. In her new position, she will report to Larry Blankenship, YPI's Senior Vice President.
Tricia has been very instrumental in our growth and in maintaining excellent operational standards in Texas, commented Zaya S. Younan, Chairman and CEO of Younan Properties, Inc. She has been able to achieve higher tenant satisfaction and retention while operating the buildings at lower cost and higher efficiency. Noting that all property managers in Dallas and Houston will report to her, he added, Tricia is bright, experienced, effective and hard-working. In her new position, she will play a critical role in implementing YPI operational discipline and developing new ways to run our buildings more efficiently while maintaining the highest standards of tenant satisfaction and retention.
Larry Blankenship, Younan Properties' Senior Vice President of Asset Management, echoed these sentiments, noting, Tricia brings a great depth of property management experience to our executive team, he said. She will be a tremendous asset in maintaining superior operational efficiencies, as well as top tenant services and amenities, in all of our Texas properties.
Formerly Director of Property Management in Younan Properties' Dallas office, Ms. McQuinn brings 20 years of property management experience to her new position. Prior to joining Younan Properties in 2005, she served as Property Manager for Equity Office Properties Trust (NYSE: EOP) in Dallas for seven years, where she oversaw 800,000 square feet of commercial property.
Younan Properties is an innovative, forward-thinking firm that truly supports the development of new strategies for superior building operational efficiency and top tenant services, Ms. McQuinn commented. I'm very pleased to be part of a team dedicated to serving the best interests of both tenants and investors.
Ms. McQuinn earned an RPA designation from BOMA and a B.S. from Louisiana State University at Baton Rouge. At Younan Properties, she is part of a management team with more than four decades of experience in developing and managing commercial real estate in high growth markets throughout the United States.
Younan Properties' holdings in Dallas and Houston, TX include a total of more than 4,000,000 sq. ft. of Class A space. Earlier this year, the firm strengthened its dominance in the Southwest office market with the recent acquisition of Norfolk Tower, a 206,680-square-foot Class A high-rise in Houston. In Dallas, Younan Properties is the second largest office landlord and has plans to be the largest office owner in Texas within the next three months.