Perennial Investments & Advisors possesses decades of experience capitalizing commercial office assets on behalf of industry leaders Trizec Office Properties, Equity Office Properties, Guggenheim Partners, as well as Perennial.
This experience provides a valuable context to current investment themes and individual investment decisions. For example, while previous market conditions may have made opportunistic investments very appealing, numerous factors have conspired to decrease the expected returns without limiting the risks of opportunistic investments. As a result:
Perennial currently focuses on yield-centric office investments, supported by high-quality tenants, to generate attractive returns.
Portfolio Highlights
Since inception in 2004, Perennial has invested in office, medical office, flex/industrial, senior housing and retail properties throughout the US.
Our transactions include direct investments in real estate, real estate development, conventional loans, participating facility leases and ground leases.
INSTITUTIONAL GROUND LEASE PORTFOLIO, Mid-Atlantic Markets
Master lease encumbering 44 office buildings and 14 flex buildings. NNN, with no landlord responsibilities.Tenant is a joint venture between an investment-grade publicly-traded REIT and multi-strategy hedge fund.
VALENCIA TOWN CENTER, Valencia, CA
Four Class A office buildings, totaling approximately 400,000 square feet are located in Los Angeles County, California. The anchor tenant is one of the world’s largest hospitality brands.
MISSION RIDGE, Chantilly, VA
Two Class A office buildings in suburban Washington DC within a key enclave for many government agencies and civilian contractors. US Government (FBI) occupied 56% of the Property on a lease with under 8 years remaining.
LG&E TOWER, Louisville, KY
A 22-floor, 287,000 square foot, Class A office tower, located in Louisville’s Central Business District. The key credit tenant is an investment-grade utility company, which signed a 10-year lease.
NORMANDALE LAKE OFFICE PARK, Minneapolis, MN
This is a five-tower Class A office park, totaling 1.7 million square feet, located in suburban Minneapolis. Perennial entered a joint venture with institutional investors to buy and eventually sell this one-of-a-kind suburban office complex.