NAS Named Asset Manager for Long Beach Shopping Center
National Asset Services has assumed asset management of Wrigley Marketplace, a 130,272 square foot grocery-anchored shopping center in the heart of Long Beach at the intersection of Long Beach Boulevard and Willow Street.
Shadow-anchored by Albertson’s and CVS Pharmacy, the shopping center is 100% occupied and features a diverse tenant mix of twenty national and local tenants including Carl’s Jr, Jamba Juice, Papa John’s Pizza, Rent-A-Center, Rainbow Shops, Sally Beauty Supply, Starbucks, and Wells Fargo.
“NAS is strategically positioned well in the Long Beach market with extensive resources to effectively manage and market Wrigley Marketplace,” commented Karen E. Kennedy, President and Founder of National Asset Services.” “We look forward to delivering excellent service to our investment clients while providing a quality shopping experience to shopping center customers.” Since 2008, NAS has served 2,594 investment clients and has established an impressive track record for investment property management. NAS’ performance record includes generating over $650 million in cash distributions to property investors and managing a commercial real estate portfolio of 183 diverse commercial properties, comprised of 25 million square feet, in 31 states. The overall value of NAS’ managed portfolio in the company’s 13-year history, totals over $3.34 billion.
About NAS Investment Solutions
NAS Investment Solutions was established to leverage National Asset Services’ vast experience in investment property management by identifying, acquiring, and enhancing commercial real estate investments across all sectors of the real estate industry. The company is known nationwide for its investing sponsorship of high-quality passive investment properties with reliable yield performance.
NAS Investment Solutions is currently offering fractional co-ownership interests in a 160-unit multifamily property in Lawton, Oklahoma. The property is located just minutes from Ft. Sill Military Base, the largest field artillery complex in the world with an estimated 20,000 military and civilian personnel, and 33,000 military family members. The apartment property is also within short driving distance to the area’s major employers including Goodyear, Republic Paperboard, Bar-S-Foods, Silver-Line Plastics and Cameron University.
Accredited investors seeking more information on this sponsor-owned property should visit nasinvestmentsolutions.com and contact Karen E. Kennedy at [email protected] or at 310.988.4240.