CREATING VALUE IN HIGH GROWTH TECHNOLOGY AND INNOVATION MARKETS
Headquartered in San Francisco, Drawbridge Realty is a real estate investment company focused on acquiring, developing and managing commercial property investments to create value in high growth technology and innovation driven markets across the U.S. The portfolio primarily consists of strategically important office and research properties 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 Apple, Bayer, Broadcom, Collectors Universe, IBM, Google, Johnson & Johnson, L3Harris Technologies, Lockheed Martin, Medtronic, NI, Northrop Grumman and Take-Two Interactive, among others.
Co-founders Mark Whiting and Mark Pearson formed Drawbridge Partners in 1999 and 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 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 then became known as Drawbridge Realty. With the financial backing of KKR and an institutional partner represented by The Townsend Group, Drawbridge's portfolio quickly grew to 50 properties and $1.7 billion. In February 2022, Drawbridge recapitalized the entire portfolio through KKR's insurance arm, Global Atlantic. Simultaneous with the recapitalization, KKR/Global Atlantic and Drawbridge formed a new venture which provides Drawbridge with adequate liquidity to acquire, develop and manage additional assets, and a goal of doubling the size of the portfolio over the next several years.