Firm Closes 2013 With More Than 50 Percent Year-Over-Year Growth
IRVINE, CA--(Marketwired - Jan 14, 2014) - Stream Realty Partners announces tremendous growth in 2013 with 1.56 million square feet of leasing and management wins of retail, office and industrial properties throughout Southern California. To account for the 52 percent year-over-year increase in responsibilities awarded through these new assignments, Stream Realty increased the number of employees, including the recruitment of two new vice presidents. Stream Realty forecasts continued expansion in 2014 through its consultative approach to maximizing occupancy rates at each property.
"The past year has been extremely successful for our firm," said Colby Annett, co-managing partner of Stream Realty. "In a highly concentrated market, 2013 proved that our strategic approach to leasing and management of commercial properties provides a level of service that is appealing to tenants, owners and investors."
In 2013, Stream Realty was awarded leasing and management responsibilities of 18 retail, office and industrial properties, including:
To supplement the responsibilities awarded, Stream Realty grew its Southern California team, including the recruitment of two vice presidents. 2013 was the third consecutive year that Stream Realty Partners was named to the Orange County Business Journal's "Best Places to Work" list and the firm expects to continue hiring in 2014.
"With our growing business operations, we recruited new talent that would provide the best services to our clients," said Blaine Annett, co-managing partner. "Our unique company culture attracts brilliant real estate professionals and we have added nearly 100 new team members nationwide."
In 2014, Stream Realty anticipates continued expansion and awarded assignments through its consultative approach to leasing and management of Southern California commercial real estate properties, while building greater partnerships with existing and future institutional clients.
ABOUT STREAM REALTY PARTNERS:
Stream Realty Partners, L.P. is a full-service real estate investment, development and services company. Since its formation in 1996, Stream Realty has grown from its two original partners to a staff of over 450 real estate professionals nationwide with office locations in Washington, DC; Atlanta; Austin, Texas; Charlotte, N.C.; Dallas/Ft. Worth; Denver; Houston; Los Angeles; Orange County, Calif., and San Antonio. Stream Realty leases and/or manages more than 4.56 million square feet of space in Southern California and more than 100 million square feet of commercial buildings in the nation; completes over $1 billion in real estate transactions annually; and is considered one of the most active investors and developers in the Southwest. Stream Realty creates a distinct culture that is best summarized by its company values: Nice. Smart. Honest. Passionate. www.streamrealty.com
Contact Information:
Contact:
Nicole Inal | Brian Devenny
IDEA HALL
714.263.8731 | 714.263.8748
nicole@ideahall.com | brian@ideahall.com