California’s Younan Properties Signs Tenants to over 48,000 Square Feet of Office Space

Younan Properties has recently signed tenants to over 48,000 square feet of office space in the Younan Corporate Center in Thousand Oaks, CA.

Younan Properties is a fully integrated, self-administered and self-managed owner and operator of primarily class A office properties located in five major US office markets, including Houston, Chicago, Dallas-Fort Worth, Los Angeles and Phoenix.

In Thousand Oaks, CA, Younan Properties has recently signed office tenants to leases totaling over 48,000 square feet – in Woodland Hills as well. In the largest deal, American Recovery Services Inc. signed for 29,822 square feet in a renewal at Younan Corporate Center. The center, (which serves as the location for ARSI’s corporate headquarters) is located at 555 St. Charles Dr. and serves the 101 Freeway technology corridor.

Younan also leased 18,525 square feet of office space recently at Younan Corporate Plaza in the Woodland Hills area of Los Angeles. This class A building, located in Warner Center, serves different professional and service-based tenants. The list includes Gilad Development, Hayden & Kassel Law Offices and LSI Title.

Tom Baxter, CEO of ARSI commented that the involvement of Brian Hennessey, Younan’s vice president of leasing, “was instrumental in facilitating this mutually beneficial and long-term agreement.” This most recent portfolio consists of 36 office properties with almost 11 million square feet of rentable space.

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This entry was posted on Wednesday, February 23rd, 2011 at 8:01 am and is filed under Commercial Real Estate News, Office Blog. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.