1111 Main Parking Facility,Downtown Houston

Park One of Texas is proud to announce its latest contract award in the vibrant Houston, Texas market. Effective February 1, 2013, Park One began providing premier parking services for the 1111 Main Parking Facility in the middle of downtown Houston for Younan Properties.

The historically-noteworthy 1111 Main Parking Facility, formerly the home of Sakowitz Bros., Houston's signature retailer, is strategically located across from the Houston Pavilions and nearby Discovery Green Park.

Bijan Eghtedari, CEO of Park One Holdings commented, “We are very pleased to have been selected to provide our services to Younan Properties and we look forward to building value for the asset and providing the tenants with the highest levels of customer service. The addition of 1111 Main along with several other recent signings in Houston reaffirms our continued focus and strong interest in building our brand outside of Florida.”

“The addition of 1111 Main parking facility confirms our strategy of applying upper-management attention to each asset we serve,” said Bruce Kubena, the company’s Executive VP for Texas. Bruce added that “the strong and direct management attention we provide to this asset has also been of interest to other prospective clients and we anticipate the award of more locations in the coming months.”

About Younan Properties

Younan Properties Inc., headquartered in Los Angeles, with regional offices in Dallas, Houston, Chicago and Phoenix is a commercial real estate investment management company. Younan Properties, an owner and manager of Class A office properties is the fourth largest office building owner in Houston with 10 buildings and 2.0 million rentable square feet.