SAN DIEGO—Trigild has solidified a long-term deal with Charlotte-based Allegiance Realty Corporation to manage 16 Class A and B office buildings throughout the Midwest and Southeastern U.S.
The deal adds more than two million square feet in commercial real estate to the portfolio of the full-service real estate and hospitality services company, based here.
As part of the contract, Trigild will take over day-to-day operations of the 16 office buildings on February 1, overseeing all financial reporting, lease administration and other operational tasks. Additionally, said Brian Morelan, managing director, commercial real estate of San Diego-based Trigild, the firm will “carefully evaluate each property's respective needs, determining what will create the greatest value for Allegiance and its investors.”
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David Phillips
David Phillips is a Chicago-based freelance writer and consultant with more than 20 years experience in business and community news. He also has extensive reporting experience in the food manufacturing industry for national trade publications.
