BACKGROUND & OVERVIEW


Mark Whiting and Mark Pearson
Co-Founder, Chairman & CEO Mark Whiting (left) with Co-founder & Vice Chairman Mark Pearson (right)

COMPANY OVERVIEW

Drawbridge Realty ("Drawbridge") is a privately held real estate investment company headquartered in San Francisco, California engaged in the acquisition, development, and management of core-plus and value-add commercial properties located in select high growth markets in the United States. Drawbridge employs a disciplined, long-term focus with an emphasis on well-located mission critical facilities well-suited for corporate users. Drawbridge owns and manages a portfolio of successful investments leased to large corporate tenants, demonstrating Drawbridge’s ability to successfully create value for corporations and investors, and has completed transactions with major corporations including Abbott Technologies, Broadcom, Google, Johnson & Johnson, L-3 Communications, Lockheed Martin, Medtronic, Monsanto, National Instruments, Northrop Grumman, and Unisys. Drawbridge and its affiliates have acquired and developed over $1 billion of commercial property since its formation.

HISTORY

Drawbridge has a strong 20+ year history of executing on its investment strategy and assisting major public and private corporations and institutional owners of commercial property with their real estate needs while creating value for investors. Its Co-Founders, Mark Whiting and Mark Pearson, formed Drawbridge Partners in 1999. In late 2011, Drawbridge Partners recapitalized the company with a major institutional investor, Almanac Realty Investors, and changed the name of the company to Drawbridge Realty Trust. During the next three years Drawbridge tripled the size of its portfolio and generated steady growth in profitability and valuation. In December 2014, Drawbridge formed a partnership with international asset management firm Kohlberg Kravis Roberts & Co., LP ("KKR") which made a significant investment in the Company to substantially grow the platform. The jointly owned Company is now known as Drawbridge Realty. With the financial backing of KKR and an investor group from The Townsend Group, a leading global provider of investment advisory and investment solutions for real estate, Drawbridge has access to significant equity capital. The structure of Drawbridge's equity base enables the Company to be a long-term owner of assets, which is attractive to corporate tenants seeking continuity with a relationship-focused landlord. Drawbridge is operated independently from KKR and The Townsend Group.