With the fundamental goals being capital preservation and providing superior risk-adjusted returns, GCP seeks opportunities under the following general guidelines:
- “Value-add” opportunities: GCP prides itself on underwriting each opportunity to a business plan that leverages our competitive advantage to increase the value of an asset. Whether it is the lease up of vacant space, repositioning and updating an asset from a physical standpoint, taking advantage of improving market conditions, or some combination thereof; GCP looks at each opportunity with an eye toward physical and economic improvement.
- Office and Industrial Product types: The Investment Committee members of GCP have a combined 50+ years of experience evaluating and operating commercial real estate with a focus on office and industrial product types.
- Target Markets: GCP seeks investment opportunities in the Northeast and Mid- Atlantic commercial real estate markets due to our physical presence within those markets and the large, established metropolitan regions that reside on and near the east coast. These Metropolitan Statistical Areas (“MSA’s”) tend to be large centers of employment for innovative and resilient industries (bio-technology, defense, medical / healthcare, education, financial services and information technology). These regions have educated workforces with skilled labor, and have established education and research facilities that are attractive to employers and promote economic growth.