Irgens Invests in Robert F. Knight & Associates, LLC to Expand Property Management Portfolio
Phoenix – Irgens Partners, LLC (Irgens) is pleased to announce its investment into Robert F. Knight & Associates, LLC (K&A), the oldest commercial property management company exclusively servicing third-party owners in greater Phoenix. In the new partnership, Irgens and K&A will each hold a membership interest in the company, which will continue to operate as Robert F. Knight & Associates, LLC. The company’s management portfolio will total more than 3 million square feet of commercial office space in the Valley, making it one of the largest in the market.
“Our investment and partnership in a property and facility management firm with a reputation as both reliable and high-performing strengthens Irgens’ commitment to the Phoenix market,” said Mark F. Irgens, CEO/President & Manager of Irgens. “With our growing development and ownership portfolio, including Ascend at Chandler Airport Center in Chandler and the 979 Playa del Norte office project in Tempe, our partnership with K&A will allow us to focus on bringing our key development projects out of the ground in 2014.”
“There will be no changes in the leadership, operations, and management of K&A. Our investment in the partnership brings resources and a new platform for growth, continuity, and success,” Irgens added.
“Through investments in client-focused initiatives including technology-based efficiency enhancements, environmental sustainability, and the expansion to our expert staff of management professionals, and by aligning K&A with a firm of Irgens’ resources, we are focused on enhancing our services for our clients for years to come,” said Robert F. Knight, CPM, President and Founder of K&A. “By building upon our mutual expertise, we will elevate the level of property management for Phoenix area real estate investors and for commercial property owners who outsource their management services.”
Historically, Irgens & K&A have both demonstrated a strong emphasis on industry best-practices, continuing education, and overall efficiency and sustainability initiatives in their property management operations.
Services provided by the new property management company will include:
Robert F. Knight & Associates
Robert F. Knight & Associates, LLC was established by Robert F. Knight and his two partners to manage property for third-party owners. K&A currently manages a portfolio of approximately 2.8 million square feet including commercial and medical offices, parking structures, retail and industrial facilities, condominium associations and land throughout the Greater Phoenix Valley. K&A and its predecessor companies have operated in Phoenix since 1977, making it the oldest commercial property management company exclusively servicing third-party owners as reported by the Phoenix Business Journal. To learn more, visit: www.knightandassociates.net
Established in 1998, Irgens is a comprehensive commercial real estate firm that has completed hundreds of successful projects throughout the United States valued at over $2 billion. The company operates out of offices based in Milwaukee, Chicago and Phoenix. In addition to its real estate development, investment and acquisition, and advisory services, Irgens provides property and facility management services to more than 4 million square feet of commercial and medical offices, parking structures, office condominium associations and land located across the country. Irgens is an Accredited Management Organization by the Institute of Real Estate Management. To view Irgens’ project portfolio, visit www.irgens.com.