Impark expands relationship with Brookfield Properties in Washington D.C.

VANCOUVER, June 17 /CNW/ - Impark, one of North America's largest parking operators, announced today it has been awarded multi-year contracts to manage the parking operations at five buildings within the Washington D.C. portfolio of Brookfield Properties Corporation; a commercial real estate organization that owns, develops and operates landmark office buildings in high-growth North American cities.

The award includes parking operations for 1200 K Street, 1400 K Street, 1250 Connecticut, 1250 23rd Street and 2401 Pennsylvania Avenue. The five facilities total 986 spaces, and include both self-park and valet assist parking operations.

The addition of these Washington D.C. locations serves to increase Impark's management of Brookfield Properties parking assets in the Mid Atlantic Region; the company previously awarded Impark their Maryland portfolio of properties in February of 2007, and two Virginia properties and another Washington D.C. location, in May of 2009.

"We are very pleased that Brookfield's Washington D.C. property managers, as well as their corporate support staff, selected Impark based on our proven record of providing exemplary service at other Brookfield buildings. Our team looks forward to working with Brookfield to achieve their financial goals for the parking facilities, and improve the service experience for their tenants", noted Chris Johnson, Impark's Senior Vice President for the Eastern U.S.

"We are especially excited to be awarded these new contracts in Washington D.C. This represents a further cementing of Impark's relationship with this highly valued client, and affirms Impark has delivered upon its service and financial performance commitments at the other Brookfield Properties locations", commented Herb Anderson, Impark's President & CEO.

Imperial Parking Corporation (Impark), with U.S. headquarters in Philadelphia PA and corporate headquarters in Vancouver, B.C., Canada, is one of the largest parking management companies in North America with more than 2,000 locations and 3,700 employees.

For further information: Contact: JULIAN JONES, Senior Vice President, Impark, [phone], [email protected]