National Asset Services Named Commercial Property Management Company at Four Medical Office Locations

Property Additions Expand Company's Nationwide Portfolio of Managed Commercial Real Estate

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Oct 04, 2016, 08:48 ET

LOS ANGELES, Oct. 4, 2016 /PRNewswire/ -- National Asset Services (NAS), one of the Nation's leading commercial real estate companies, has been selected as commercial property management company and property asset management company at four medical office locations on behalf of KB Exchange Trust, a commercial real estate investment firm headquartered in Las Vegas, NV. The properties are located in Cleveland, Ohio, Tampa, Florida and El Paso, Texas.

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NAS has been named property management company for medical office location in El Paso, TX, leased to U.S. Renal Care, a company that operates more than 400 outpatient, home and specialty dialysis programs in 31 states and Guam

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 three property locations in Cleveland, OH and Tampa, Fl.

U.S. Renal Care, a company that operates more than 400 outpatient, home and specialty dialysis programs in 31 states and Guam is the sole operator at the El Paso, Texas, property.

The addition of the four locations expands an already nationwide commercial property management portfolio consisting of 60 properties nationwide, including 16 medical office properties, eleven of which are Fresenius Medical Care facilities in Arizona, Florida, Georgia, Illinois, New Jersey, New York, Ohio, Virginia and Wisconsin.

The four newly built properties comprise a combined total of 55,313 square feet and each is located in close proximity to a regional medical center.

"The addition of these four properties is a natural extension of our commercial property management portfolio," commented Karen E. Kennedy, President and Founder of National Asset Services. "They are a perfect fit with our team's skillset and experience as well as being located in geographical locations where we already have a strong presence."

Property location details for each of the four properties are:

Cleveland, OH
Fresenius Medical Care
Square Feet: 31,365

Tampa, Florida
Fresenius Medical Care
Square Feet: 12,124

Tampa, Florida
Fresenius Vascular Care
Square Feet: 3,882

El Paso, Texas
U.S. Renal Care
Square Feet: 7,942

To see all NAS managed property locations, visit https://www.nasassets.com/property-locations.

About National Asset Services

NAS is a commercial real estate asset company that provides superior asset management and commercial property management services. The company has worked with over 90 investment groups and property owners 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.

NAS offers a wide-range of commercial property management services. These 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 commercial property management and asset management services, visit nasassets.com.

JW Robison
310-364-5213
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SOURCE National Asset Services