Macerich Awards New York City Retail Parking Portfolio to Propark America

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Propark America was selected by Macerich to provide parking management for its three premier retail parking assets in New York City.

Shops at Atlas Park

Our experience operating demanding operations in New York City gives us a unique understanding of how to uncover additional revenue streams, promoting asset appreciation for the client and adding value to the bottom line.

Propark America announced today that it has been awarded the contract to provide parking management services for Macerich at three of its premier retail parking assets in New York City.

“Propark was selected by Macerich in large part due to our large presence in the New York market,” said Kristen Sokich, senior vice president of Propark. “Our experience operating demanding operations in New York City gives us a unique understanding of how to uncover additional revenue streams, promoting asset appreciation for the client and adding value to the bottom line.”

Macerich is one of the country’s leading owners, operators and developers of major retail properties, with an unparalleled portfolio set in the nation’s most desirable, densely populated and highest-barrier-to-entry markets. The Macerich parking portfolio awarded to Propark consists of three retail complexes; the Queens Center Mall in Queens, Shops at Atlas Park and Kings Plaza Mall in Brooklyn.

“I’m honored to be able to serve Macerich, their tenants and their guests,” continued Sokich. “This new partnership is a perfect complement to our regional portfolio, where we provide parking management and transportation services to clients such as Marriott Hotels, Trump Parc, Building and Land Technology, New York City Economic Development Corporation and Toll Brothers City Living. Our premium service delivery model uniquely enhances with the primary properties that we support, which allows us to provide seamless solutions, which will be implemented at these retail assets.”

About Propark America
Propark America is one of the nation’s leading parking companies, providing full-service parking solutions across all parking markets including office buildings, retail centers, corporate campuses, airports, universities, medical institutions, municipal facilities, stadiums, residential buildings and hotels.

Headquartered in Hartford, Connecticut, Propark operates more than 500 locations in convenient markets across the United States, including New York, Washington D.C., Boston, Cambridge, San Francisco, Oakland, Palo Alto, Reno, Cleveland, Jacksonville, San Antonio, Denver, Phoenix, Hartford, Stamford and New Haven.

Propark is a member of the International Parking Institute, the National Parking Association, and is a Platinum Level Partner of the Green Parking Council. For more information, please visit http://www.propark.com.

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Dennis Safford
Propark, Inc.
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