National Asset Services Expands Nationwide Management Portfolio with Additional St. Louis Medical Office Locations

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May 04, 2017, 08:35 ET

ST. LOUIS, May 4, 2017 /PRNewswire/ -- National Asset Services, (NAS) one of the Nation's leading commercial real estate companies, has expanded their nationwide management portfolio with the addition of two, newly built, medical office properties in the St. Louis area.

The addition of the St. Louis locations further expands a nationwide commercial property management portfolio of over 60 properties in 23 states, including 27 medical office properties.

Fresenius Medical Care occupies a St. Louis medical office property managed by National Asset Services

NAS has been selected as the property management company and asset manager of both locations on behalf KB Exchange Trust, a commercial real estate investment firm headquartered in Las Vegas, NV.

One medical building is located in northern St. Louis County and situated near Interstate 270 and the New Halls Ferry Road exit. 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 occupant of the 7,700 square foot building.

The other medical facility is located in the northern suburban village of Bel-Ridge, less than a half-mile from the villages of Bel-Nor and Bellerive, on Natural Bridge Road. DaVita HealthCare Partners is the lone tenant in the newly constructed 8,052 square-foot medical office building. DaVita HealthCare is a leading provider of kidney care in the United States and delivers dialysis services to patients with chronic kidney failure and end-stage renal disease.

"We look forward to delivering a superior level of management services to the investors in these two St. Louis properties," commented Karen E. Kennedy, President and Founder of National Asset Services. "They are a perfect fit with our team's skillset and medical office property management experience."

Headquartered in Los Angeles, California, NAS operates regional offices in Chicago, Illinois, and Austin, Texas. To see all NAS managed property locations, visit https://www.nasassets.com/property-locations.

About National Asset Services (NAS)

NAS is a commercial real estate 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 asset 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 & 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, visit www.nasassets.com.

JW Robison
310-795-8985
[email protected]

SOURCE National Asset Services