From 2003 through 2006, Hennessey 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.
Before that, Hennessey was a Vice President for the Office Services Group of Grubb and Ellis in Sherman Oaks, Calif. where he was a top producer and served as the landlord representative for 650,000 square feet of Arden Realty commercial space. Hennessey received his California broker's license in 1983 and received a certification in Real Estate Marketing from UCLA in 1987.
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 nearly 12 million square feet of well-located Class A office buildings in key markets in California, Texas, Illinois and Arizona. Additional information about Younan Properties, Inc. can be found at www.younanproperties.com.
Brian Hennessey Named Vice President of Leasing for Younan Properties; New Position Created to Manage National Growth
LOS ANGELES, January 7, 2010 —Younan Properties, Inc., one of the nation's largest privately-held real estate investment and asset management companies announced that it has appointed Brian Hennessey to the new post of Vice President of Leasing. Hennessey will leverage his 25 years of commercial real estate experience in leasing to support Younan's national portfolio of 12.0 million square feet of Class A office space.
According to Zaya S. Younan, Chairman and CEO of Younan, adding this senior executive position and building a cohesive leasing strategy was mission critical to achieving the company's business goals. "Brian brings a background and expertise in commercial real estate and leasing, combined with a knowledge of Younan Properties that is unparalleled."
In his role as head of leasing, Hennessey will develop marketing strategies to position Younan Properties as a leader in providing integrated space solutions to tenants nationwide. Hennessey will be headquartered in California and also will provide hands-on leasing for Younan's two California properties in Woodland Hills and Thousand Oaks.
Hennessey noted that joining Younan provides an unprecedented opportunity. "My respect for Zaya Younan and for Younan Properties only has increased over the years. I am delighted and honored to re-join an organization that has assembled such a highly respected team of professionals. In a few short years, Younan has become a leader known throughout the entire country for acquiring and successfully managing Class A office buildings during the worst recession in history."
Since 2006, Hennessey has served as President of Westridge Realty Partners in southern California. He acquired, syndicated and managed a five-building office portfolio in Houston, totaling 350,000 square feet.