INVESTMENTS

Drawbridge is a sophisticated acquirer of short and long-term leased, single tenant buildings, including corporate sale-leasebacks and build-to-suits, and also of currently vacant buildings that lend themselves to repositioning and leasing to single tenants. Drawbridge focuses on the acquisition, development, and redevelopment of commercial office, R&D, life science, and industrial properties suitable for corporate tenants in select markets in the United States.


INVESTMENT PHILOSOPHY

Drawbridge employs a two-tiered investment strategy, acquiring both core-plus investments that offer stable and increasing income, and select value-add opportunities where repositioning to stabilized, core-plus investments increases occupancy and cash flow. Drawbridge creates value for investors by building a scaled and increasingly diversified portfolio by focusing on established corporate relationships and corporate user requirements, including: leased strategic corporate facility acquisitions; sale-leasebacks from corporate sellers; value-add repositioning of assets with a pre-defined leasing strategy; conversions to higher and better uses; distressed/special situations; and build-to-suit developments. Drawbridge focuses prominently on secular growth markets in the United States markets with favorable supply and demand dynamics, and also considers other compelling markets with strong fundamentals.

ASSET PROFILE

  • Strategically-located stabilized short-term and long-term leased investments including corporate office, R&D, life science, and industrial/flex space
  • Value-add projects that require repositioning, renovation, lease-up or similar enhancements that will add value
  • Buildings acquired will typically accommodate larger tenant profiles

SPECIAL SITUATIONS

  • Portfolio purchases across product types and locations. Interested in both direct investments and joint venture deals
  • Drawbridge will pursue corporate sale/leaseback opportunities
  • Drawbridge has the ability to craft a creative acquisition structure for sellers on a tax-deferred basis
  • Drawbridge will consider opportunities to acquire notes secured by real estate

TARGET MARKETS

Predominantly western United States markets with a current emphasis on: the Silicon Valley, California; Orange County, California; San Diego County, California; Austin, Texas; Salt Lake City, Utah; the Pacific Northwest; Denver, Colorado and select secular growth markets across the United States.


ACQUISITIONS CONTACTS

Southern United States:
Chris Elmendorf
celmendorf@drawbridgerealty.com
(858) 926-7993
Northern United States:
Bill Doyle
bdoyle@drawbridgerealty.com
(415) 529-3470