American Spectrum Realty Management Awarded Contract for Third Party Leasing of 6150 Richmond Ave in Houston, Texas
September 20 2011 - 8:58AM
Business Wire
American Spectrum Realty, Inc. (NYSE AMEX: AQQ) (“The Company”),
a real estate investment, management and leasing company,
headquartered in Houston, Texas announced that its wholly owned
subsidiary, American Spectrum Realty Management, LLC (“ASRM”), has
been awarded the leasing assignment for 6150 Richmond Avenue in
Houston, Texas.
6150 Richmond is a two-story, Class B, multi-tenant office
building with approximately 36,729 square feet of net rentable
area. The building is conveniently located at Richmond and
Fountainview in Houston’s Richmond/Fountainview submarket. Built in
1977, 6150 Richmond is ideally suited for tenants that seek the
natural ambiance of a serene, atrium setting at an exceptional
location in the heart of the Galleria's upscale retail and
residential communities. This ideal location offers convenient
access to the Galleria's amenities, while located outside the
congested thoroughfares of the area. 6150 Richmond is easily
accessed by multiple major highway systems including: Southwest
Freeway(I-59), Loop 610, Katy Freeway(I-10) and the Westpark
Tollroad. All leasing inquiries should be directed to
713-706-6200.
ASRM is also responsible for the management and/or leasing of
eight additional multi-tenant office buildings in the Galleria
area, representing approximately 600,000 SF. The company provides
management, leasing, accounting, marketing, and risk management
services to over 8.3 million square feet of investment properties
nationwide.
About American Spectrum Realty,
Inc.
American Spectrum Realty, Inc. is a real estate investment
company that owns, through its operating partnership, interest in
office, industrial, self storage, retail properties, and apartments
throughout the United States. The company has been publicly traded
since 2001. American Spectrum Realty Management, LLC is a
wholly-owned subsidiary of the Company’s operating partnership that
manages and leases all properties owned by American Spectrum
Realty, Inc. as well as third-party clients.
ASRM provides first-class management and leasing services for
over 115 office, industrial, retail, self-storage, and multi-family
properties, totaling over 13 million square feet in 18 states.
Certain matters discussed in this release are forward-looking
statements that are subject to risks and uncertainties that could
cause actual results to differ materially from those projected,
including the risks and uncertainties of acquiring, owning,
operating and disposing of real estate. Such risks and
uncertainties are disclosed in the Company’s past and current
filings with the U.S. Securities and Exchange Commission.
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