0%
Background image
Vantage Property Investors (VPI)
Platform:
Vantage Property Investors (VPI)
Year Established:
2011
Sector:
Office
Region:
U.S.
Total Capitalization:
$270 million

Realized investment

Investment Highlights

  • Cyclically low real estate prices in U.S. gateway cities after the Global Financial Crisis offered acquisition opportunities below replacement cost.
  • Alpine Grove observed a demand shift to media and technology tenants with different space requirements and high aesthetic demands.
  • Alpine Grove teamed up with an experienced local developer and established the VPI platform. The venture targeted media and technology tenants in San Francisco and Los Angeles.
  • Traditional spaces were converted and transformed into contemporary office and modern campuses. Properties attracted Airbnb, Arup Engineers, Facebook, and Omnicom as tenants.
Back to all