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Mission-Critical Assets
Multifamily
Special Situations
Archives:
Properties
Perimeter 31
November 13, 2020
PRP replaced ineffective third-party property management, reduced operating expenses by 15%, renovated 50% of the units for $9,000/unit while increasing…
Beacon
November 13, 2020
PRP acquired this under-managed asset and drove rents to the highest rents and occupancy levels on the market. PRP renovated…
Park at Kingsview Village
November 13, 2020
PRP acquired this under-managed asset and corrected deferred maintenance throughout the property, renovated units to Class A standards with new…
The Sinclaire
November 13, 2020
PRP acquired this 200,000 SF office building located in an Opportunity Zone at a cost of $22MM. PRP bifurcated the…
3M Lab and Research Campus
November 18, 2020
In 2019, PRP evaluated a potential acquisition opportunity for a newly-built office and lab campus on a long-term lease with…
Broadcom Southern CA Headquarters
November 18, 2020
PRP acquired the property in an off-market transaction, resulting in pricing that was 50 bps higher cap rate than market…
FedEx Office Headquarters
November 25, 2020
PRP acquired this asset leased to FedEx as their FedEx Office HQ. PRP separated the adjoining parking lot and designed…
Honeywell International Global Headquarters
May 20, 2022
New global corporate headquarters building for Honeywell with ~$70MM tenant investment in the property.
Hart Tools
®
(Techtronic) Distribution Center
July 20, 2023
PRP developed one of the largest logistic properties in the United States for Hart Consumer Products, Inc., which manufactures and…
Spring Valley Village Shopping Center
July 26, 2023
Trophy neighborhood shopping center located in Washington, DC Metro’s most affluent neighborhood – Spring Valley.
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