Investments

Commercial Office

INVESTMENT STRATEGIES

Commercial Office Spaces

The recent global financial crisis created considerable uncertainty in America’s office markets. Maturing commercial debt securities, limited additional equity capital and economic uncertainty left high-quality office assets with broken capital structures. Mid-sized office assets that were too large for local owners but too small for global investors were particularly vulnerable. Steinbridge responded to this opportunity by pursuing, structuring and executing over $900 million in office asset acquisitions. Steinbridge pursues commercial office buildings in gateway markets. Within each market, we focus on pivoting submarkets to capture primary market stability and emerging market growth. We seek to augment the cash flow of these assets by implementing asset management plans that improve operations, leasing profiles, and capital structures.

Bloomberg

Famous Watergate office building sold for $107 Million...

Washington’s Watergate office building, made famous by the political scandal that brought down President Richard M. Nixon, is under contract to be sold, according to financing documents obtained by Bloomberg.