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Article: Equity debuts national strategy for property management: real estate: firm bucks trend with tenant call center, online service.(real estate investment trust's strategy for property management in San Diego County)
- Article from:
- San Diego Business Journal
- Article date:
- July 28, 2003
- Author:
CopyrightCOPYRIGHT 2003 CBJ, L.P. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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In a departure from real estate tradition, a Chicago-based real estate investment trust has rolled out its new national strategy for property management in San Diego County.
Usually, building owners keep a property manager and support staff at each property.
In its new EO Plus program, Equity Office Properties Trust is centralizing its management and leasing staff in cities where it owns buildings.
"We're wondering how this experiment's going to work," said Nancy Eagle, a local property manager for RREEF of San Francisco and Chicago, and a member of the local chapter of the Institute of Real Estate Management.
Locally, Equity's ...