Westpark Real Estate Advisors Opens New Washington DC Area Office in Preparation for Expansion

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Abstract: Westpark Real Estate Advisors will be expanding their operations even in the face of a troubled commercial real estate market. Westpark will be opening a new office location in the Washington DC area as part of their expansion plan.

Thriving in this market means that transactions cannot be based on sterile analysis or on past practices, a shroud of creative expertise and a strong sense of market conditions is required.

Westpark Real Estate Advisors is pleased to announce its new office location in Old Town Alexandria. This expansion confirms their vision and positive outlook for the coming year.

With extreme volatility in both asset values and in investment funding options, the commercial real estate market is more difficult than ever to navigate. Many commercial real estate consulting and investment firms have scaled back operations or ceased operations entirely. In a testament to the strong focus on fundamentals and expert strategies, Westpark Real Estate Advisors is growing, even in the face of the turbulent market. Rich Murphy, Managing Director for Westpark credits creativity and expert analysis in overcoming the challenging environment. "Thriving in this market means that transactions cannot be based on sterile analysis or on past practices, a shroud of creative expertise and a strong sense of market conditions is required." Indeed, this philosophy has proven effective for Westpark as they prepare to expand. "We believe that we are ideally positioned to add value to many of what we think is going to be a landslide of transactions in the near future." Murphy continued.

Westpark Real Estate Advisors is a full service real estate advisory firm catering to commercial real estate owners, operators, and investors nationwide. Westpark's offerings include a wide array of services from real estate asset management and transaction support to stepping in and taking over key roles in a client's organization on an outsourced basis. "Having the flexibility to provide as little or as much support a client needs is something that sets Westpark apart from our competition. From short term advisory services to providing an outsourced CFO, we can add value in any situation." Murphy said.

Westpark has a proven track record with the life cycles of all real estate classes, including retail, office, multifamily and industrial.

The experts at Westpark bring a level of experience to commercial real estate transactions allowing Westpark to continually expand their services and become a trusted partner to their clients.

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