Welcome to System Property

System Property Development Company, Inc., (“System Property”) is actively engaged in the acquisition, development and long term ownership of top-tier real estate assets throughout the United States. In 1920 our founder, Jack Hazard, realized the strategic value of “land-banking” surface parking lots in major urban markets. Over time, these parking lots became home for the development of some of the best office, residential and commercial properties in America. Today, System Property owns a combination of commercial, office and parking properties in some of the best urban markets throughout the United States. These cities include New York, Los Angeles, Pasadena (CA), San Jose, San Francisco, Seattle, Cincinnati, and Houston.


Commercial Properties

System Property owns some of the best addresses in America. Tenants range from Fortune 500 companies to midsize, regional and local firms. With our extensive experience, System Property maximizes value through smart green initiatives, attention to detail…

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Retail Properties

The System Property retail portfolio consists of many of the best companies in America as its tenant base. Our tenants include household names like Citibank, Delta Airlines, Wells Fargo Bank, Securitas and ABM…

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Parking Properties

System Property Development Company, Inc., (“System Property”) has been a leader in the parking industry since its creation in 1920. With extensive experience in the planning, development and construction of parking facilities throughout the United States. System Property…

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From Los Angeles to New York, System Property owns and operates mixed-use properties featuring office, commercial, retail and parking. Below is a selection of our featured properties that highlights the Company’s real estate and parking portfolio.


866 UN Plaza in New York spans a full city block with 360-degree views including the United Nations campus Read More


655 Plum Street is a 6 story, 100% leased  68,208-square-foot, Class A office building with a 610 space parking Read More


350 West Colorado Boulevard is a premium Class-A office building located in Pasadena, California. Read More


3075 Vandercar Way in Cincinnati, OH was completed in January 2017. This LEED certified 3-story office Read More

📍14724 Ventura Blvd, Suite 700, Sherman Oaks, CA 91403  ☎ (213) 687-7275