Meissner Jacquét Investment Management Services has been selected to provide property management services for Newport National Corp.’s property portfolio consisting of five professional office/medical properties totaling 610,000 square feet. The properties include Civic View Corporate Centre, Emerald Lake Corporate Centre, Ventana Real, The Campus and Nordahl Medical Centre.
Newport National is a full-service, vertically integrated real estate company founded in 1973 by F.M. “Bruce” Brusseau, who directed the company and its development of more than 2 million square feet of office and industrial properties throughout Southern California. Today, Newport National is led by President Scott R. Brusseau and Senior Vice President Jeffry A. Brusseau. Together, the Brusseaus, with the help of a highly qualified team of professionals, have grown the company and continue its business strategy of acquisition, development and management of prime commercial real estate properties in dynamic growth areas of San Diego. Since its inception, the company has developed, managed, completed and sold commercial projects totaling approximately 4.97 million square feet of rentable area and 349 units of completed and sold residential projects.
Meissner Jacquét is committed to working with its clients in reducing building operating expenses to increase property asset value and enhance the comfort of their tenants.
According to Jeffry Brusseau, by tracking energy usage and performance on a monthly basis in their Energy Star and SDG&E Savings by Design Energy Plan rated buildings, Newport National can quantifiably demonstrate to prospective tenants a considerable potential savings per square foot in electrical costs over competitive office properties.
Like Newport National, Jerry Jacquét, principal of Meissner Jacquét, also institutes processes to reduce building operating expenses, such as tracking water expenses and performing conservation methods and proper landscape maintenance procedures that are effective in reducing water usage by as much as 30 percent to 40 percent while also lowering maintenance costs over the long term.
In addition, Jacquét believes that tracking and optimizing startup time, power-down time, and equipment sequencing creates an energy efficient environment that helps to reduce redundant electrical usage. Jacquét also believes that managing the janitorial vendor’s work flow through the building and reversing the janitorial practices in order to take advantage of daylight hours reduces the hours that building lights are utilized and the amount of energy consumed each day. All of these practices combined can be extremely effective in reducing building operating expenses and offer monetary gains to clients and tenants alike.