Introduction - Office
Ascent Capital Partners has successfully developed office buildings and repositioned under-valued office buildings to create substantial investor returns. This is done through capitalizing on improving markets, thoughtful planning, highly focused capital investment and execution.
Our team includes leading office leasing brokers who continuously track those tenants who are in the market to establish a new office or relocate existing operations to more desirable locations.
We select sites for ground-up developments which are in excellent top-tier office submarket locations. Office building re-developments have been executed through thoughtful planning and highly focused capital expenditures and execution. Typically the redevelopments receive a new lobby and common areas, new monument signs, new comprehensive landscaping around the entire site and mechanical systems upgrades. These improvements create a dramatically improved appearance and HVAC performance and reliability which in turn leads to improved tenant perception and retention, quicker lease-up of vacant space, increased rents and an improvement in the tenant mix.
In aggregate, these positive changes create substantial profits relative to the cost of land and other development costs.
