MARCH 12, 2024
ASB Wins 2024 Kingsley Excellence Award For Tenant Satisfaction
Washington, DC — ASB Real Estate Investments (ASB) announced today that it was named a winner of the 2024 Kingsley Excellence Awards, which recognize commercial real estate organizations who continually exceed industry standards and consistently deliver an outstanding tenant experience. ASB was also recognized as an “Elite 5” winner which is awarded to organizations with the highest tenant satisfaction scores.
ASB President and CEO Robert Bellinger said: “We are extremely proud to be recognized with the Kingsley Excellence Award and be part of the ‘Elite 5’ for tenant satisfaction. We take a ‘tenant-centric’ approach to investing — aiming to anticipate the motivations and requirements of tenants and focus on assets with specific competitive advantages that meet tenants’ needs. This award is testament to the dedication and diligence of every ASB team member who embodies this approach in the work they do.”
The ASB properties that were recognized are:
- Bloomington Logistics Center, Bloomington, CA – Industrial
- Columbia Business Park, Riverside, CA – Industrial
- 1010 Flanders, Portland, OR – Office
- 801 North Capitol Street NE, Washington, DC – Office
- Colorado Center Retail, Denver, CO – Retail
To qualify for a Kingsley Excellence Award, a property’s tenant satisfaction must exceed the Kingsley Index™, the most comprehensive performance benchmarking database in the commercial real estate industry.
About ASB Real Estate Investments
ASB Real Estate Investments (ASB), a division of ASB Capital Management LLC, is a major U.S. real estate investment management firm with more than $7.9 billion* in gross assets under management from over 310 institutional investors. Headquartered in the Washington D.C. area, ASB invests in major markets across the United States, concentrating in industrial, multifamily, office, retail, and self-storage properties.
About Grace Hill
Grace Hill provides technology-enabled talent performance solutions that help owners and operators of real estate properties increase property performance, reduce operating risk, and grow top talent. Its industry-leading solutions covering policy, training, assessment, and data-driven insights are bolstered by years of real estate experience, in-depth service-level expertise, and outstanding customer support. Today, Grace Hill represents more than 2300 companies for their talent performance solutions. Visit us at gracehill.com or on LinkedIn.
Methodology for KingsleySurveys
All Grace Hill KingsleySurveys clients can be eligible for the award and are not solicited to participate. To earn the award, a property’s tenant satisfaction must exceed the Kingsley Index, which is the most comprehensive performance benchmarking database in the real estate industry.
*as of December 31, 2023
The information provided in the release does not constitute an offer to sell or buy securities or the solicitation of an offer to sell or buy securities.
The award is based on survey results received between January 1, 2023 and December 31, 2023 and was announced by Grace Hill on February 8, 2024. ASB paid a participatory fee to be included in the Grace Hill Kingsley survey. There was no promise or guarantees, either direct or indirect, in connection with the fee and the selection for the award.