Legacy Parking Company Expands Client Portfolio and Bolsters Leadership Team
Legacy Parking Company Expands Client Portfolio and Bolsters Leadership Team
CHICAGO – July 13, 2017 – Legacy Parking Company, a premier parking services provider, announced today a series of strategic growth developments at the company, including the signing of two new clients as well as the appointment of Noah B. Gens, a 17-year JLL veteran, as president.
Headquartered in downtown Chicago, Legacy Parking Company currently manages more than 20,000 parking spaces at commercial, mixed-use, retail and residential developments throughout the U.S. Since its founding in 2012, the company has experienced an average 100 percent in annual growth and today employs more than 100 employees. Legacy Parking’s clients include sophisticated real estate owners and managers, including Metropolis Investment Holdings, Inc., TransWestern, TIAA-CREF and Piedmont Office Realty Trust, among many others.
Today, Legacy Parking is adding two new clients to its growing roster. Those include:
The Equitable Building Parking Portfolio: Owned and managed by Chicago-based Zeller Realty Group, the Equitable Building at 100 Peachtree in downtown Atlanta includes three parking garages and one surface parking lot totaling 900 parking spaces. The operation includes shuttle services that will transport tenants between the Equitable Building, the Peachtree Center MARTA station and all four parking facilities.
701/801 Brickell Avenue: Owned by TIAA-CREF and managed by JLL, the 701/801 Brickell Avenue (previously known as the Lincoln Center) includes two parking facilities totaling 1,995 parking spaces. The building is located in the northern Brickell Financial District, just three blocks away from Biscayne Bay.
“By viewing parking facilities as high-performing assets and fully leveraging them with a clear operational strategy and high-touch management, we can help our clients harness the revenue potential of their parking structures,” said Joe Wenderoth, Legacy Parking Company’s chief executive officer. “This value-added approach, combined with our agile, entrepreneurial mindset, have been critical to differentiating our service offering in the marketplace and driving our growth.”
To best position Legacy Parking for continued growth, the company has bolstered its leadership team with the appointment of Gens as president. In his new role, Gens is responsible for the development and implementation of Legacy Parking’s corporate operating platform and growth strategy across the U.S. This includes deploying technology to automate processes, streamlining operations and making strategic infrastructure investments to prepare the company for its continued growth. He will also leverage his deep commercial real estate industry expertise, insights and contacts to strengthen existing relationships and develop new connections with owners and managers in key operating markets.
“Throughout my career, I’ve brought an unrelenting focus on integrity, client service, collaboration and transparency to every assignment,” said Gens. “I’m thrilled to be joining an organization that lives these values every day and is beholden only to our clients and their success. I look forward to driving innovation throughout our operating platform to best meet, exceed and anticipate our clients’ parking challenges and needs.”
Prior to joining Legacy Parking, Gens spent nearly 25 years in commercial real estate, most recently with JLL, a global professional services and investment management firm specializing in real estate. During his tenure, Gens managed more than 7 million square feet at various commercial real estate assets throughout the city of Chicago, including the Aon Center, NBC Tower and 10 & 120 South Riverside Plaza, among others. At those facilities, Gens was responsible for all aspects of property management, including sales, revenue streams, operating budgets, tenant coordination, capital improvements, leasing and marketing at the assets. Gens’ properties won multiple awards throughout his tenure; most recently, 10 & 120 South Riverside Plaza won a 2017 Regional TOBY Award.
Gens holds a bachelor’s degree from Syracuse University. He is also active in industry associations such as the Building Owners and Managers Association of Chicago (BOMA/Chicago), where he mostly recently served as chair of the Communications Committee.
About Legacy Parking Company