The Muller Company Expands Management Portfolio to 608,000 SF in San Diego and Adds Two Property Managers
LAGUNA HILLS, CA – April 25, 2011 – (RealEstateRama) — The Muller Company, a full service real estate company specializing in management, investment and development of commercial real estate in the western United States, announced today that the firm now owns and/or manages nearly 608,000 square feet of office, retail and medical space in San Diego County, Calif. With the growth of its portfolio, The Muller Company has added two property managers, Maya Hausmann, CPM® as property manager and Christina Kitchen as assistant property manager.
Hausmann will serve as the property manager of Rio Vista Tower III in San Diego, Torrey Pines Court in La Jolla, and Beachwalk Retail Center in Solana Beach. Hausmann brings over 12 years of real estate experience to her new role, where she will be responsible for 334,000 square feet and 47 tenants between the three properties. Before joining The Muller Company, Hausmann was with Harsch Investment Properties in San Diego for six years as a property manager overseeing 600,000 square feet of industrial and office properties and 120 tenants.
Kitchen will serve as assistant property manager to Hausmann and assist in the management of Rio Vista Tower III, Torrey Pines Court and Beachwalk Retail Center. Previously, Kitchen was a real estate associate for SENTRE Partners in San Diego, a real estate investment and services firm which represents large institutions to individual investors in Southern California and Mexico.
Rio Vista Towers III is a four-story, 80,000-square-foot Class “A” office building located off the 805 Freeway in Mission Valley at 9095 Rio San Diego Drive in San Diego, and is in close proximity to restaurants, shopping, hotels and recreational activities. Rio Vista’s tenant, On Assignment, recently renewed its 6,777-square-foot lease for an additional 69 months, keeping Rio Vista’s occupancy at over 90 percent. On Assignment is a leading global provider of professionals in the fields of life science, technology and healthcare. A national bank recently renewed their 6,121SF lease for an additional 41 months and Sierra Pacific extended their 3,946 SF lease for 36 months.
Rio Vista Towers III was awarded the prestigious The Outstanding Building of the Year (TOBY) Award by the Building Owners and Managers Association (BOMA), San Diego Chapter in the under 100,000 square feet category. Rio Vista Towers III scored the highest in parking, landscaping, marketing, floor plans, and community impact because of the company’s support of Cans for Cancer and the aesthetic appeal in tenants’ suites.
Torrey Pines Court, which is 100 percent occupied, is a 200,000-square-foot five-building office park, located at 3366 N. Torrey Pines Court in La Jolla. One of the five buildings, located at 10350 N. Torrey Pines Road, was recently awarded the Leadership in Energy and Environmental Design (LEED) Gold Certification by the Green Building Certification Institute (GBCI) for the first, second and third floors of the building. Richard Fragapane, director of construction and development at The Muller Company, led the construction of this project, which was completed in September 2009.
About The Muller Company
The Muller Company has over 30 years of experience in developing, acquiring and managing a diverse portfolio of over 20 million square feet of office, industrial and retail real estate throughout the western United States, with nearly 11 million square feet currently under management in the California and Phoenix markets. Over the years, The Muller Company has partnered with institutional owners such as GE Capital Real Estate, Capmark, Rockwood Capital, BlackRock, ING Realty and Metlife. Empowered by an entrepreneurial spirit and guided by an owner’s perspective, The Muller Company excels at mining the long-term value from every asset that it manages by adding value, either through leasing, capital improvements, refinancing, operational audits and repositioning. For more information, contact Jamye Jack at 949-680-9777 or JamyeJack (at) themullercompany (dot) com.