​Sumitomo Corporation of America (SCOA) has selected Transwestern to serve as the exclusive property management team for its national office property portfolio, totaling 1,585,210 square feet.  The addition of these properties, situated in San Francisco, Arizona, Miami and Washington, D.C., underscores Transwestern’s strategic growth and commitment to service excellence.


"We have diligently served SCOA since 2009 as exclusive leasing advisor for their landmark southeast asset, Miami Center. The trust and strong relationship forged during this period has led to this expanded property management role and broader geographic reach,” said Bruce Ford, president of Transwestern’s Southeast region. “Our team will collectively and actively explore additional business opportunities nationally to expand this portfolio and the SCOA relationship.” 


The SCOA portfolio includes:

  • 343,000 square feet of Class “A” office building at 123 Mission Street, San Francisco;
  • 300,000 square feet of office building within a ±43 acre waterfront development along the south shore of Tempe Town Lake at Hayden Ferry Lakeside II, Tempe, Arizona;
  • 782,210 square feet of Class “A” office building at Miami Center, Miami; and
  • 160,000 square feet of office building at 1750 K Street, Washington, DC.

With the addition of the SCOA portfolio, Transwestern now manages 685 properties across the U.S.  Nationally, the firm is responsible for the leasing and management of 260 million square feet of commercial space, representing a growth of over 89 million square feet in the past three years.

“I am confident this will drive new standards in service quality at our properties," said Bob Obringer, Real Estate Director with SCOA.  "With a strong integrated presence and dedication to service, Transwestern’s highly talented team is a perfect match for our short and long-term initiatives."

 
Established in 1952, SCOA is the largest wholly-owned subsidiary of Sumitomo Corporation, one of the world's leading traders of goods and services. As an integrated business enterprise, the firm has emerged as a major organizer of multinational projects, an expediter of ideas, an important international investor and financier, and a powerful force for distribution of products and global communications through a network of offices worldwide.

About Transwestern:
Transwestern is a national, privately-held operating company specializing in commercial real estate services, investment and development. The firm's fully integrated approach delivers value to owners, investors and users of commercial real estate through innovation, penetrating market intelligence and legendary service delivered by teams of local experts. Transwestern has product specialties in office, industrial, retail, multifamily and healthcare and is an industry leader in sustainability solutions and in market research through its affiliate, Delta Associates.