INVESTMENT AND ASSET MANAGEMENT APPROACH
CCP’s investment strategy is focused on a select number of major target markets that have large and dynamic underlying economies with a concentration of knowledge based industries. These are markets which drive significant office using employment, particularly from a highly skilled work force that favors an urban live/work/play environment. These target markets deliver attractive office market fundamentals and offer a significant inventory of large, Class A office properties that attract significant investor interest and transaction liquidity.
CCP targets institutional quality office properties primarily in the Central Business Districts of the following target markets:
- New York City
- Los Angeles
CCP’s experience in acquiring, owning and managing tens of millions of square feet across every major U.S. market, through numerous market cycles enables us to confidently pursue a wide range of investment opportunities within these markets. Investments range from Core properties with stable, long term cash flows and minimal capital requirements, to Core-Plus/Value-Add properties with more complex leasing and management issues that provide compelling value creation opportunities.
Examples of such opportunities include properties that are:
In need of redevelopment/repositioning
Impacted by significant leasing challenges
Impacted by complex ownership/tax structures
Investments are undertaken with thoughtful consideration given to market conditions and the optimal asset management and exit strategy to deliver above average, risk adjusted returns.