Essex Awarded Management Contract for Worldport Business Center
February 26, 2010
FOR IMMEDIATE RELEASE
ESSEX REALTY AWARDED MANAGEMENT
CONTRACT FOR WORLDPORT BUSINESS CENTER
Essex to Oversee 149,111-Square-Foot Office and Industrial Park in San Pedro
SAN PEDRO/IRVINE, Calif. — February 11, 2010 -- Essex Realty Management (“ERM”) - one of the top regional commercial property management firms in the Western United States, was recently awarded a property management assignment for Worldport Business Center — a 149,111-sq. foot multi-tenant office and industrial park located at 1851-1941 N. Gaffey Street in San Pedro, Calif.
“Besides offering a convenient location close to the ports, Worldport offers a wide range of available office and industrial suites in a business friendly environment,” said Craig Ersek, , principal and executive vice president of Essex Realty Management. “In addition to our firm providing first in-class management services to all tenants, Worldport also benefits by having an experienced ownership-focused team with goals of maintaining the long-term viability of the asset.”
Located in close proximity to the Port of Los Angeles and the 110-Freeway, Worldport Business Center offers over 100 office/industrial spaces for small and mid-size businesses ranging in size from 584 sq. ft. to 6,720 sq. ft. Developed and owned by Robertson Properties Group, a division of Decurion Corporation, the business center offers a variety of amenities such as minimum clear height of 14-1/2 feet, 10’x12’ ground level roll-up doors, preschool center (day care) with outdoor playground, large conference room available for all tenants and a restaurant on-site.
“We conducted an extensive search of small and national property management firms to oversee our multi-tenant business park in San Pedro,” said Sami Rasromani, Director at Robertson Properties Group. “Our company has owned this asset for more than 20 years, and we are in the process of refurbishing the buildings as well as the property to attract and optimize our tenant mix. We selected Essex Realty because it was the perfect size for our needs. More specifically, the firm is small enough to provide personalized service needed to stabilize the property, and large enough that we benefit from the company’s vast experience with managing similar properties to ours and its impressive reporting package.”
Jennifer Tien, property manager at Essex Realty Management’s Irvine office, will be overseeing the management of the business center.
According to Ersek, the attraction of the San Pedro submarket is tied to its close proximity to the ports of Long Beach/Los Angeles and the World Cruise Center where many of the Cruise lines debark. Businesses that benefit by being in close proximity to the ports look to San Pedro as an attractive, safe and business friendly option in which to locate their businesses.
About Essex Realty Management, Inc.
Essex Realty Management, Inc. - one of the largest regional commercial property management firms in the Western United States - provides comprehensive real estate services to individual owners, developers and investors of real estate. Managing more than 16 million-square-feet of office, industrial, retail, medical, commercial associations and self-storage projects throughout California and Arizona, the company is an Accredited Management Organization (AMO ©) as designated by the Institute of Real Estate Management (IREM ©). Based in Irvine, California, the company serves the following markets; Sacramento, Ventura, Orange/Los Angeles Counties, the Inland Empire, San Diego County and Phoenix, Arizona. Additional information is available at www.essexrealty.com
About Decurion Corporation
Headquartered in Los Angeles, California, Decurion, a privately-held corporation, is parent to a number of operating subsidiaries, including Robertson Properties Group Pacific Theatres Entertainment Corporation and the ArcLight Cinema Company. Throughout its history, Decurion, through its subsidiaries, has pursued an aggressive property ownership strategy in prime commercial and residential areas that has resulted in a significant portfolio of real estate assets. Leveraging these assets, Robertson Properties Group has evolved to become one of the leading real estate development, acquisition, and property management companies in Southern California. Additional information is available at www.decurion.com
Contact:
Craig Ersek - Vice President
949-798-8100 • Click here to email