What Do Burgers, Shirts and Steaks Have in Common?

In a sea of choices, Islands Restaurants, Oxford Industries and Worldwide Restaurant Concepts all chose Property Works to take the virtual byte out of lease management!

ATLANTA, September 2004 - Property Works , distinguished by its web-based lease management system, REport ms, announces three third-quarter additions to their growing client family. Islands Restaurants, Oxford Industries, and Worldwide Restaurant Concepts are all on board.

Islands Restaurants of Carlsbad, California operates an expanding portfolio of 46 west coast units, while Worldwide Restaurant Concepts, a holding company headquartered in Sherman Oaks, California, has over 400 units around the globe. Atlanta, Georgia's Oxford Industries will use REport ms to manage its portfolio of warehouse, office, and other international properties and will outsource the lease management of its 50+ Tommy Bahama and Indigo Palms restaurant and retail locations to Property Works.

In choosing REport ms to manage their diverse retail portfolios, Property Works manager Karla Bushaw notes "all are clients who were previously handling their portfolios in-house. This enables them to save time and real money."

Lewis Jackson, Vice President of Real Estate and Development for Island Restaurants, explains "in lease administration, we found ourselves outgrowing our home-grown software and paper file systems, and about a year ago began a careful study of lease administration software. We chose Property Works because it delivers a unique solution for our needs: internet-based software for immediate, on-demand access to our data, and an experienced, knowledgeable staff to fully accommodate property management services. This solution enables our Real Estate Department to oversee a fast growing chain of stores without a corresponding increase in staff."

Headquartered in Atlanta, Georgia, Property Works is an industry leader in technology for the small to mid-size real estate portfolio management arena. With over 3,000 global properties representing more than 20 different national brands, clients include Pep Boys; LA Fitness; and Pasta Pomodoro, Café Express and Baja Fresh, subsidiaries of Wendy's International, Inc. Founded in 1996, Property Works is staffed with a team of real estate industry veterans with real-world lease management expertise.

For more information or a product demonstration contact:

Karla M. Bushaw
Phone: 678.461.0004 Fax: 678.277.9045
kbushaw@propertyworks.com