Joint-Venture with Tenants
Stockbridge partners directly with tenants and companies who desire to own their real estate, but lack the experience of developing, managing and operating the asset. Having constructed one of the most technologically advanced office buildings in Utah, Stockbridge can provide “real world” experience to those companies seeking a competitive advantage in terms of location, amenities and platforms for their business through their physical space. Additionally, Stockbridge allows tenants to create equity through property ownership while being able to focus on their core business.
Stockbridge can also facilitate a Sale/Leaseback for companies looking to redeploy capital out of real property into operating capital or for other needs. We are able to provide a customized strategy to accommodate a wide variety of needs. Stockbridge seeks opportunities to partner with:
- Life Science/ Bioscience companies
- Financial Institutions
- Technology Companies
- Lab space and research institutions
- Health care providers
- Mixed use developments
- Green Building Users
- Landowners and growing companies
Joint-Venture with Equity Partners
Eric Gustafson has brokered over 600,000 SF of commercial properties in Silicon Valley, California, and has been able to consistently identify value-add properties where Equity investors were able to realize significant increases in equity. Lee Livingston comes from a real estate family and directed the development of the nethosting.com building, a high-tech, co-location facility and data center. Stockbridge is a natural outgrowth of this ability to source, identify and package development, redevelopment and value-add opportunities. Stockbridge has since completed 5 equity joint-venture partnerships that have each returned over 100 percent annualized Cash on Cash returns in apartment and mixed-use office and retail properties. Stockbridge seeks equity partners to participate in returns of approximately 20 percent annually.
Stockbridge also provides an opportunity for capital management firms and venture groups, as well as individuals to diversify their holdings into real estate. Having brokered, managed and owned retail, apartment, office and industrial properties in multiple states and through several real estate cycles, Stockbridge can offer perspective relative to the cycles of real estate, in addition to current market knowledge and strategy.
Stockbridge’s focus is on value—identifying, creating and capturing value. By focusing on assets with a value-add component, Stockbridge is able to mitigate risk in order to maximize return.