National Asset Services to Manage South Carolina Shopping Center

Greenville, S.C. — National Asset Services (NAS), one of the country's leading commercial real estate management companies, has been named the asset management company for Verdae Village Shopping Center in Greenville, S.C.

NAS executives assume management responsibilities for the 241,548-square-foot regional open-air, shopping center on behalf of a 33-member, tenant-in-common investment group, which originally purchased the property in 2008.

The property is over 90% leased, has a strong national and regional tenant mix and is situated in a highly trafficked location. The NAS management team is moving quickly to fill three vacancies that range from 1,200 to 10,917 square feet.

"We are already working to restore value to Verdae Village Shopping Center for our investor clients," says Karen E. Kennedy, president and founder, National Asset Services.

Verdae Village features a diverse mix of 29 destination-oriented retail stores and restaurants. They include: Stein Mart, Planet Fitness, GNC, K&G Fashion Superstore, Office Depot, Olive Garden, Subway, Arby's and a Super BI-LO grocery store that is currently undergoing renovations.

NAS is a commercial real estate management company that manages a wide range of diverse commercial real estate: office, medical office, multifamily, retail, student housing, assisted living and industrial flex properties. The company manages solely owned and multi-owner properties. Headquartered in Los Angeles, NAS operates regional offices in Chicago, Orlando, Fla., and Austin, Texas. For more information, visit www.nasassets.com.

SOURCE: National Asset Services

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