CREATING VALUE IN CORPORATE REAL ESTATE IN HIGH GROWTH TECHNOLOGY AND INNOVATION MARKETS

Headquartered in San Francisco, Drawbridge Realty is a real estate investment manager focused on acquiring, developing and managing strategically important properties leased to large corporate users in high growth technology and innovation driven markets across the U.S. The Drawbridge portfolio predominately consists of single tenant office, R&D, life science, and industrial buildings leased long-term to large, strong credit corporations. Drawbridge has a successful history of creating value for corporate clients and investors and has completed transactions with major corporations including, Apple, Arrow Electronics, Broadcom, IBM, Google, Johnson & Johnson, L3Harris Technologies, Lockheed Martin, Medtronic, NI, Northrop Grumman Onsemi, and Take-Two Interactive, among others.

Company History

Co-founded by Mark Whiting and Mark Pearson as Drawbridge Partners in 1999, the company 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.

In 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 expanded into five high growth west coast markets. In 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 then became known as Drawbridge Realty. With the financial backing of KKR and strategic institutional investors represented by The Townsend Group, Drawbridge's portfolio quickly grew to 50 properties and over five million square feet. In 2022, Drawbridge and KKR recapitalized the entire portfolio through KKR's insurance business, Global Atlantic. Simultaneous with the recapitalization, KKR/Global Atlantic and Drawbridge established a new venture to enable Drawbridge's investment platform to source a pipeline of attractive investment opportunities for Global Atlantic. With committed long-term insurance capital from Global Atlantic, Drawbridge is well-positioned to accelerate its investments in high-quality, innovation-focused, net-leased corporate properties in growth markets nationwide.