Furnished Quarters Adds Six New Properties in Northern California

On Track to Operate 100 Apartments in Bay Area by May 1


San Francisco, CA, March 21, 2018 (GLOBE NEWSWIRE) -- Furnished Quarters, the largest independently owned and operated provider of temporary furnished apartments, has added six new properties to its San Francisco Bay Area portfolio. Northern California cities with corporate apartment availability include Palo Alto, Sunnyvale and San Francisco.

Since opening its office in San Francisco’s South of Market (SOMA) neighborhood in January, Furnished Quarters has added inventory in four San Francisco residential buildings: 340 Fremont, The Paramount, Avalon Hayes Valley and 923 Folsom. To assist clients with needs in Silicon Valley, the company has set up dozens of furnished apartments at The Marc in Palo Alto and Encasa in Sunnyvale.

“The response to adding California has been overwhelming from our corporate clients,” said Steve Brown, CEO of Furnished Quarters. “We can’t set up apartments fast enough to meet the demand.”

Tyler Smittle, General Manager of Furnished Quarters in Norther California, also anticipates high demand and rapid growth in the new market. “There’s much more to come as we bring our talented team, signature design, global program management and unrivaled hospitality to Northern California,” he noted.

Furnished Quarters, which has established market dominance in the Northeastern U.S. over the last two decades, has more recently achieved recognition as a global housing provider, managing many of the world’s largest corporate housing programs. As such, the company has undergone significant expansion, adding new staff, offices and markets to its roster, California being the most recent.

Furnished Quarters remains on track with its plan to operate 100 short-term furnished apartments in the Bay Area by May 1, 2018.

About Furnished Quarters
Furnished Quarters is the largest independently owned and operated supplier of global temporary housing, offering over 100,000 fully furnished apartments in more than 800 cities around the world. The company, established in 1998 in New York City by brothers Steven and Gary Brown, currently serves more than 5,500 clients, ranging from top Fortune 500 corporations to small businesses. In late 2015, Furnished Quarters opened Q&A Residential Hotel in Lower Manhattan to offer nightly and weekly stays in full-sized apartments. To learn more about Furnished Quarters, visit www.furnishedquarters.com.

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A photo accompanying this announcement is available at http://www.globenewswire.com/NewsRoom/AttachmentNg/53ec6e4b-a88e-4018-8a6e-f3ce0ba51e83

A photo accompanying this announcement is available at http://www.globenewswire.com/NewsRoom/AttachmentNg/d429c2fa-bb9b-498d-bbd6-8e6ed7762b9c

A photo accompanying this announcement is available at http://www.globenewswire.com/NewsRoom/AttachmentNg/19082c37-1590-4673-ac72-156b2c45ab0e


            
Terrace view from 340 Fremont, one of Furnished Quarters' new buildings in the San Francisco market Encasa, one of Furnished Quarters' new buildings in the Sunnyvale market

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