STRATEGIC OFFICE PARTNERS

STRATEGIC OFFICE PARTNERS is a platform that will aggregate a diverse portfolio of single-tenant office assets in high-growth metropolitan areas in the United States. The platform will target high-quality assets with short to intermediate-term leases with the opportunity to extend or restructure leases or re-lease to reposition buildings for sale.

 

Acquisitions will target assets with:
1 High current yield and determinable renewal risk
2 Remaining primary lease terms of two to eight years
3 Below market in-place rents with mark-to-market potential

 

Target markets include:
  • Seattle
    Portland
    San Francisco Bay
    Area/Silicon Valley
    Los Angeles
    Orange County
    Inland Empire
  • San Diego
    Phoenix
    Denver
    Minneapolis
    Dallas
    Austin
    San Antonio
  • Nashville
    South Florida
    Orlando
    Tampa
    Jacksonville
    Atlanta
    Charlotte
  • Raleigh
    Washington DC Metro Area
    Boston
    Houston
    Las Vegas

The platform has the capacity to grow up to $1 billion in size over a three-year investment window.

In September 2016, the venture was seeded by the acquisition of six office assets, valued at $187.5 million, with a weighted average remaining lease term of 3.6 years at closing, weighted by square footage. At closing, the buildings totaled approximately 1 million square feet and are located in the Los Angeles MSA, San Francisco Bay Area, the San Diego MSA, Nashville and Minneapolis.

For Acquisitions, Leasing and Disposition inquiries please contact Peter Tubesing at