Addition Expands Company's Nationwide Management Portfolio of Class-A Commercial Property
LOS ANGELES, March 22, 2016 /PRNewswire/ — National Asset Services, (NAS) one of the Nation's leading commercial real estate management companies, has been chosen as the property management company responsible for three medical office properties on behalf KB Exchange Trust, a commercial real estate investment firm headquartered in Las Vegas, NV.
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Fresenius Medical Care, one of the world's largest integrated provider of products and services for individuals undergoing dialysis due to chronic kidney failure is the sole operator at all three properties.
The three additions expands an already nationwide commercial property management portfolio of Class-A real estate, including medical office properties, eight of which are Fresenius Medical Care facilities in Arizona, Florida, Georgia, Illinois, New Jersey, New York, Virginia and Wisconsin.
The three newly built properties are located in Farmville, Virginia, Albany, Georgia and Sharpsburg, Georgia. The properties comprise a combined total of 24,971 square feet and each is located in close proximity to a regional medical center.
"The Fresenius Medical Care properties are a perfect fit with our management team's skillset and experience," commented Karen E. Kennedy, President and Founder of National Asset Services. "Our expertise has always been delivering value enhancement for our investment clients in all property types in extremely diverse markets."
Details for each of the three properties are:
Address: 500 Sunchase Boulevard, Farmville, VA 23901
Square Feet: 10,085
Property Area: 3.119 Acres
Address: 110 Logan Court, Albany, GA 31707
Square Feet: 8,564
Property Area: 2.02 Acres
Address: 65 Francis Way, Sharpsburg, GA 30277
Square Feet: 6,322
Property Area: 1.62 Acres
About National Asset Services
NAS is a commercial real estate asset and property management company that works with over 90 investment groups in properties of a nationwide portfolio valued at over $2 billion. The Company manages a wide range of diverse commercial real estate: Office, medical office, multifamily, retail, student housing, assisted living and industrial flex properties. The company manages solely owned and multi-owner properties. NAS offers a wide-range of management capabilities. They include: Real estate strategy analysis; long-range business objectives; monitoring changing market conditions; investor relations; real estate and investor accounting; loan modification and workout solutions; exit and hold strategies; leasing and marketing; tenant retention plans; research studies; site selections; feasibility studies; insurance risk management; capital improvement planning and tracking; property tax appeal services and cost segregation services. For more information about NAS property management and asset management services visit nasassets.com.
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