Portfolio Case Studies
100 M Street SE, Washington D.C.
Property Type: Mixed-Use Office | Transaction: Acquisition
The Opportunity :
Acquired a premier 100,000 SF mixed-use property in Washington D.C.'s fastest-growing submarket
Capitalized on disruption from nearby $2.5 billion infrastructure investments
Positioned to benefit from massive public and private sector development
Value Creation Strategy
Leverage property's proximity to 11,000 new residential units and 4.5 million SF of office development
Capitalize on incoming tech and government tenant demand
Position as hub for companies seeking modern workspace in transformed neighborhood
Key Differentiators
Located in Capitol Riverfront submarket - D.C.'s last major development frontier
Direct access to $2.5B in public infrastructure including new bridge, highway, and metro
Surrounded by 35+ major development projects totaling billions in investment
Ameriprise Financial Center, Minneapolis
Property Type: Class A Office | Transaction: Acquisition
The Opportunity :
Acquired a 560,000 SF trophy office tower in Minneapolis' central business district
Secured property at significant discount to replacement cost
Capitalized on market dislocation and ownership transition
Value Creation Strategy
Implement operational efficiencies in newly-renovated, LEED-certified asset
Leverage property's premium amenities and transit access
Target credit-quality tenants seeking high-quality downtown space
Key Differentiators
Only downtown Minneapolis tower with direct skyway to city's largest corporate campus
Recently completed $30 million capital improvement program
100% leased to investment-grade tenants at acquisition
Wells Fargo Center, Minneapolis
Property Type: Class A Office | Transaction: Joint Venture Acquisition
The Opportunity :
Partnered with Cross Ocean Partners and Neuberger Berman on 1.1M SF trophy acquisition
Acquired premier office complex at substantial discount to peak pricing
Positioned in market with strong fundamentals and limited new supply
Value Creation Strategy
Leverage property's dominant positioning as "best-in-class" downtown asset
Implement cost-saving operational improvements
Capitalize on flight-to-quality tenant trend in recovering market
Key Differentiators
Minneapolis' second-largest office property with iconic status
Prime skyway connectivity and premium tenant amenities
Acquired at approximately 50% discount to previous sale price
