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Charles Dunn Company Awarded Asset Management Contract For Oyster Point Office
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Added: 02/08/2004
Type: Summary
Viewed: 773 time(s)
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Charles Dunn Company Awarded Asset Management Contract For Oyster Point Office
Charles Dunn Company, a full-service commercial real estate firm, has been selected as the asset manager for Oyster Point, a 466,000 SF Class “A” office building is located at 395 and 400 Oyster Point on the San Francisco Bay in South San Francisco, Calif. Close to the San Francisco Airport, Oyster Point is divided into two suburban office buildings built in 1984 and 1986.
The owner, an offshore investor, awarded the asset management contract to Charles Dunn from a large field of candidates due to the fact that the firm understands the owner’s goals and objectives of the property.
Tom Arai, vice president based in Charles Dunn’s Newport Beach office, will oversee the property management and leasing of the property, which will be handled by Cushman & Wakefield.
"My goals are two-fold: To maintain and improve the property’s position in the market (where rents are declining) and bring this property to above market occupancy,” said Arai.
Charles Dunn Company is one of the largest full service brokerage and property management firms on the West Coast. Since its founding in 1921, Charles Dunn Company has been helping thousands of companies and individuals with a full complement of real estate services. The California-based company offers comprehensive brokerage, property and asset management, corporate and construction advisory as well as financial services to tenants, owners, investors and developers. Charles Dunn Company maintains offices in downtown Los Angeles, West Los Angeles, Seal Beach, Sacramento, San Diego, Woodland Hills, Studio City, San Francisco, Newport Beach and Phoenix. For more information, please visit www.charlesdunn.com
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Contact
Vanessa Showalter
vshowalter@hoytorg.com
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