San Francisco, CA, April 15, 2011 — The board of directors for 490 Post has selected MERIT Property Management, a leading provider of professional commercial, rental management services and community association to manage the commercial property located in downtown San Francisco, CA. MERIT will assist with daily operations for 490 Post.
"The board of directors for 490 Post chose MERIT for our approach to commercial property management, which includes dedication to tenant customer service, a seamless work order tracking system and professional vendor coordination," states Isaiah Henry, MERIT's Business Unit Leader, San Francisco.
MERIT took over management responsibilities on April 15, 2011 with an easy transition for tenants and the board of directors by bringing more than 30 years of property management experience to the new partnership. 490 Post is an early 1920's building offering 130 commercial spaces with 65,000 square feet. Currently, the building is used for medical and dental offices.
About MERIT Property Management
Since 1980, MERIT Property Management (www.meritpm.com) has grown to be one of the foremost providers of professional community association services in the western states. MERIT specializes in the forward planning and management of master planned, single family home/condominiums, active adult, and urban high- and mid-rise communities as well as rental property management for investors (www.meritrental.com).
MERIT is a subsidiary of FirstService Residential Management (FSR). FSR is the largest manager of residential communities in North America, overseeing more than 5,300 properties and over 1.3 million residential units.
FirstService Residential Management is a subsidiary of FirstService Corporation (NASDAQ: FSRV, TSX: FSV), a global leader in the rapidly growing real estate services sector. Further information may be obtained at www.firstservice.com.
# # #