Northwest Arkansas Industrial Office Property Now Managed by NAS
National Asset Services, (NAS) one of the Nation’s leading commercial real estate companies has assumed asset management and property management of a newly constructed, 27,465 square-foot Arkansas industrial office building occupied by BNSF Logistics in Springdale.
BNSF Logistics, a wholly owned subsidiary of Berkshire Hathaway, also occupies an adjacent 30,339 square foot facility, recently constructed in 2015. The addition of the new building completes the second phase of a property expansion that creates a “corporate campus” and serves as the company’s US Headquarters.
Both properties were acquired by NAS Investment Solutions, a national sponsor of quality real estate investment properties.
“We are extremely proud to be a part of the vibrant NWA real estate market. This Arkansas industrial office property is a quality addition to our robust, nationwide management portfolio of commercial real estate properties and is a perfect fit for our management expertise,” commented Karen E. Kennedy, President and Founder of National Asset Services and NAS Investment Solutions. “As a property and asset manager of the two buildings, we look forward to continuing our relationship with our investors that began during the investment acquisition phase. Accountability, as a property and asset manager, to the very people that entrusted us with their hard-earned investment dollars, is what separates us from other companies in our industry niche.”
The addition of the new BNSF building, to NAS’ management portfolio, brings the total number of properties currently managed by the company to 77 properties in 24 states. Since 2008, NAS has served 2,495 investment clients and has established an impressive track record for investment property management. The track record includes generating over $535 million in cash distributions to property investors and managing a commercial real estate portfolio of 164 diverse commercial properties, comprised of 24.2 million square feet, in 29 states. The overall value of NAS’ managed portfolio in the company’s 11-year history, totals $3.28 billion
In addition to the two-building “corporate campus” location in Springdale, NAS is the property and asset manager for another Northwest Arkansas industrial office property; a 30,829 square-foot, Class-A office building in Bentonville, Arkansas. That property occupied by one of the Nation’s leading consumer packaged goods companies.