Propark Awarded Oakland Parking Portfolio

Propark America announced today that it has been awarded the management of Brandywine Realty Trusts Oakland, California parking portfolio, comprised of a parking garage and three surface lot parking facilities.
We are excited to add these prominent locations to our continual expansion on the west coast, said Tim Maloney, regional vice president of Propark.  We have an impressive roster of properties in nearby San Francisco, so these flagship Oakland assets complement our existing regional operations very nicely.
Brandywines parking portfolio in Oakland is anchored by the prestigious Lake Merritt Tower Garage and also contains three large, conveniently located parking lots, all servicing the downtown neighborhood.  Propark was chosen to operate these locations based primarily on the companys unique marketing strategies, outstanding customer service delivery and green parking standards.
Brandywine Realty Trust awarded the management of the Oakland parking portfolio to Propark primarily due to their marketing strategies and green initiatives, which parallels Brandywines commitment to remain on the forefront of sustainability, explained Brandywine Property Manager, Tracy Sharp.
Were excited to deploy our suite of green initiatives to these properties, Maloney continued.  The Bay Area is one of the more progressive markets in the nation, so it makes sense to elevate this portfolio into the future of sustainable parking practices.
Propark is one of the nations leading parking companies providing full and limited service parking solutions for medical centers, office buildings, retail centers, airports, universities, municipal facilities, residential buildings and hotels.  Founded in 1984, Propark manages over 400 locations across the country.
Brandywine Realty Trust is one of the largest, publicly traded, full-service, integrated real estate companies in the United States.  Organized as a real estate investment trust and operating in select markets, Brandywine owns, develops, manages and has ownership interests in a primarily Class A, suburban and urban office portfolio comprising 318 properties and 34.4 million square feet, including 238 properties and 25.9 million square feet owned on a consolidated basis and 49 properties and 4.6 million square feet in 15 unconsolidated real estate ventures.
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