Newswire Management

National Asset Services Named Asset Manager for Long Beach Shopping Center

Wrigley Marketplace in Long Beach, California (Photo via PRNewswire)

National Asset Services (NAS) has assumed asset management of Wrigley Marketplace, a 130,272-square-foot, grocery-anchored shopping center at the intersection of Long Beach Boulevard and Willow Street in Long Beach, California.

Shadow-anchored by Albertson’s and CVS Pharmacy, the shopping center is 100% occupied and features a diverse tenant mix of twenty national and local tenants including Carl’s Jr, Jamba Juice, Papa John’s Pizza, Rent-A-Center, Rainbow Shops, Sally Beauty Supply, Starbucks and Wells Fargo.

“NAS is strategically positioned well in the Long Beach market with extensive resources to effectively manage and market Wrigley Marketplace,” said Karen E. Kennedy, president and founder of National Asset Services. “We look forward to delivering excellent service to our investment clients while providing a quality shopping experience to shopping center customers.”

Los Angeles-based NAS has served 2,594 investment clients and has generated over $650 million in cash distributions to property investors. It manages a commercial real estate portfolio of 183 diverse commercial properties, comprised of 25 million square feet, in 31 states.