Younan Properties Announces Successful Refinance of Lakeside Square; Company Secures New Loan on Dallas Office Building


Dallas, Texas (PRWEB) July 31, 2012

Younan Properties, Inc., a full-service, national real estate owner and property manager of Class A office buildings in Dallas, Houston, Los Angeles, Chicago and Phoenix, announced that it successfully completed the refinancing of Lakeside Square in the Park Central district of Dallas. The new 10-year, fixed rate CMBS loan was closed on July 23.

According to Zaya Younan, Chairman and CEO, “The refinance of Lakeside Square takes advantage of the current favorable rate environment and reflects the market value of this Class “A” asset. The Central Expressway submarket where Park Central is located continues to show steady improvement with more than 100,000 square feet of positive absorption in the first six months of 2012. Overall, demand for Class “A” buildings continues to grow in Dallas/Fort Worth with more than 330,000 square feet of positive absorption in the second quarter. The new financing provides us additional resources for leasing and tenant improvement and positions this building as the premier office building in Park Central.”

The company recently announced to tenants that it is initiating a capital program to upgrade the existing building and add new lifestyle amenities. Phase One includes building a new fitness center, renovating the lobby and common areas, a wireless upgrade and an exterior landscape improvement program.

Younan added, “This latest announcement is a further example of our stated goal to realign and de-leverage our overall portfolio to 60%.”

Lakeside Square is one of the premier office buildings in Park Central and benefits from its impressive stature, modern architectural design and tranquil lakeside setting. Its reflective silver glass exterior and white marble lobby create a distinctive modern environment with classical touches. Within the building itself, Lakeside boasts a deli, car wash, conference center with wireless access and an adjacent six-level garage. With 85% occupancy, the 18-story, 403,120 square foot Class “A” office building is highly visible from every direction, within proximity to Dallas’ most prominent neighborhoods and steps away from Medical City. Park Central is a master-planned, mixed use development in the southern corner of US-75 and I-635, one of Dallas’ most heavily traveled intersections.

About Younan Properties

Younan Properties, Inc., is a privately held real estate investment and management company, specializing in acquiring and managing Class A office properties in strong growth markets throughout the United States including Dallas, Houston, Chicago, Los Angeles and Phoenix. Known for its detailed, hands-on approach to improving operational efficiencies, while maintaining top building standards for tenants, Younan’s current portfolio consists of 19 office properties in five top metro markets. Younan is a fully-integrated real estate investment company with in-house expertise and resources in leasing, asset and property management, marketing, acquisitions, redevelopment, facility engineering and financing. For more information, visit http://www.younanproperties.com.







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Casewise Global Summit secures world class speakers

(PRWEB UK) 5 July 2012

Aimed at senior level Business and IT leaders, Optimize 2012 on September 26th and 27th is designed to enable improved insights, better decision making and optimized performance for organisations.

Keynote speakers announced so far include Julie Short, leading Gartner Analyst, Michael Portillo, Broadcaster and former UK Cabinet Minister and Ollie Phillips, England Rugby Sevens Captain and IRB World Sevens Player of the Year. A full line up will be announced shortly.

Alexandre Wentzo, Casewise CEO, commented: What were doing with Casewises Global Summit Optimize 2012 is bringing together business leaders and senior executives from across the globe to share invaluable insights. Well learn how these individuals are adapting to change to become more agile. Itll be fascinating to see how such a diverse group of professionals are leveraging their technology to save their businesses both time and money.

Optimize 2012 has an inspirational lineup of keynote speakers and offers a unique opportunity to bring together subject matter experts, leading independent analysts and industry experts.

Detailing the latest industry insights into the current challenges facing businesses, including IT innovation and team culture, as well as shedding light on emerging trends, Optimize 2012 will allow for best practice sharing while providing an opportunity for networking with other leading professionals.

Michael Portillo, keynote speaker at the Casewise Global Summit Optimize 2012, commented: I was delighted to accept Casewises invitation to speak at such a prestigious event. I am excited to see how Casewise is trying to bring people together to improve their processes and promote efficiencies within their businesses.

Key topics covered throughout the two day summit will include:

Improving business processes to remove inefficiencies and enhance the customer experience
Identifying how to rationalize non-essential or redundant technologies to potentially save

Pirelli Tyre Spa Secures the Celebrated Platinum A’ Design Award


Como, Italy (PRWEB) July 16, 2012

A’ Award and Competitions are proud to see that the design Pirelli Tyres Shopping Experience by Alessandro Luciani Retail Designer has been acknowledged with the famous Platinum A’ Design Award at Interior Space and Exhibition Design Competition elected as a winner by the esteemed jurors of the A’ Design Awards & Competitions among numerous projects.

About Pirelli Tyres Shopping Experience

Alessandro Luciani, the creator of the winning design Pirelli Tyres Shopping Experience explains The inspiring principles of the project consist in transforming the prospective clients approach towards their tire-dealers and directly involving them in the choice/purchase process. We tried to add new tools which can provide new experiences. Feeling through feelings. Perceiving through the 5 senses. Visual Merchandising. Communication. Products. Environment. Finding a new way of communication, more effective than the simple gadgets which invade the tyres sector, but leaving, however, its technical characteristics and charm unchanged. To learn more visit: http://www.adesignaward.com/design.php?ID=25098

The Platinum A’ Design Award

The Platinum A’ Design Award is a prestigious award given to top 1% percentile designs that has accomplished an exemplary level of excellence in design. The designs are judged by a panel of three different jury which is composed of Academic, Professional and Focus Group Members. The designs are evaluated with score normalization to remove any biases and are voted on aspects such as functionality, ergonomics, engineering, presentation, innovation, usability, fun details, technology, and any other specific points that could be considered, each of these points are further weighted for different jury groups.

About A’ Design Award and Competitions

A’Design Award and Competitions, aims to highlight the excellent qualifications of best designs, design concepts and design oriented products. A’ Design Award and Competitions are organized and awarded annually and internationally in multiple categories to reach a wide, design-oriented audience. To learn more visit: http://www.whatisadesignaward.com







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