ABOUT US

System Property Development Company, Inc. (“System Property”) is a national real estate company, with assets in 10 cities from coast to coast. System Property owns and operates a variety of properties featuring office, commercial, retail and parking facilities. Our commercial tenants include top tier companies such as Citibank, Delta Airlines, Securitas, and Wells Fargo Bank to name a few.

System Property is a leader in the parking industry since its creation in Downtown Los Angeles in 1920. With extensive experience in the planning, development and construction of parking facilities throughout the United States, System Property has also been one of the largest parking companies in America for decades under its brand known as System Parking Inc., of which System Property is the successor in interest. Today, System Property owns a vast national parking and real estate portfolio with operated parking facilities under the original name of the Company, Motor Parks.  For more information on parking, please visit us at http://www.motorparks.com

COMPANY HISTORY

EXECUTIVE TEAM

David Damus

David Damus

Chief Executive Officer

Mr. David Damus serves as the Chief Executive Officer and Chairman of the Board of Directors of System Property Development Company, Inc. (“System Property”) and its subsidiaries based in Pasadena, California. System Property owns a national...

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Tom Philips

Tom Philips

Vice President, Director

Mr. Phillips has been in the parking industry since 1952. He has served with System Parking and its related companies as District Manager, Regional Manager, Vice President, and President and CEO of all its companies. He served as the Chief Executive...

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Cindy Holdorff

Cindy Holdorff

Chief Financial Officer

Cindy Holdorff is the Chief Financial Officer of System Property. Prior to joining the Company, she worked as a forensic accountant specializing in business litigation. She was a Partner at the litigation accounting firms Simpson & Company...

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Jeffrey Griswold

Jeffrey Griswold

Vice President

Jeff Griswold began his career with System Property Development Company, Inc. in 1997. Mr. Griswold serves as the Corporate Secretary for two corporations and is a corporate officer and the Vice President of Operations for System Property...

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Alex Pilavjian

Alex Pilavjian

General Counsel

Alex Pilavjian serves as General Counsel for System Property Development Company, Inc. and Motor Parks, LLC. Mr. Pilavjian oversees all legal matters related to real estate transactions, business contracts, compliance and employment...

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OUR ADVANTAGES

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96 Years of Experience

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Owner/Operator

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National Portfolio

Founded in 1920 by Jack Hazard, we are proud of our 96-year history as a parking and real estate company. We consistently deliver solutions that increase client revenue while providing superior customer service. We build loyalty to our brands, one client and one customer at a time. With our best in class management team, our people driven approach has become our competitive advantage.

As an owner and operator of real estate assets, we are in a position to view every managed property through the lens of property ownership. Our “owner/operator” culture has allowed us to consistently increase revenue across all of our parking and commercial real estate assets. Our goal is to bring a first class experience to all of our tenants through community outreach, tenant appreciation days and prompt attention to all of our tenants needs. Our management team takes an “ownership approach” to facilitate a positive culture to drive positive results for our tenants, customers and shareholders.

System Property was one of the largest operating companies in the United States for decades under its brand known as System Parking Inc., of which System Property is the successor in interest. System Property owns a national parking and real estate portfolio that spans the entire country, including properties on the west coast in Los Angeles and San Francisco, the midwest in cities such as Houston and Cleveland, and the east coast with assets in New York. No matter where your property is located, our team has the experience to assist and manage your needs.

info@systemproperty.com
📍80 South Lake Avenue, Suite 860 Pasadena, CA 91101 (213) 687-7275