Harbor Associates

Overview

Harbor Associates is a real estate investment firm specializing in acquiring, renovating, operating, and selling commercial properties throughout Southwestern U.S. markets. The firm aims to generate superior risk-adjusted returns by sourcing value-add opportunities both on and off market. Harbor utilizes its breadth of institutional experience, relentless work rate, and design expertise to create differentiated products that maximize value for its customers and investors. The principals of Harbor Associates have over 50 years of combined regional commercial real estate experience with over $3 billion in acquisition and dispositions, $300 million in property renovations, and completed more than 6.5 million square feet of commercial leasing. The Harbor team has paired its first-hand knowledge of market preferences with best-in-class institutional and operator processes to generate successful property investment outcomes. Since its founding in 2015, Harbor has acquired over 4 million square feet of office, flex, industrial, life science, and retail properties in quality submarkets throughout all of Southern California and Denver, Colorado. Harbor looks to reposition and hold assets between two and five years and targets high teens levered returns for its investors.

Investment Focus

• Properties requiring renovation and currently performing below market averages
• Office, Industrial, Flex, R&D, Life Science
• Covered land opportunities with redevelopment potential to other uses
• Significant vacancy or near term rollover
• Single or multi-tenant commercial properties in the 30,000 SF to 500,000 SF size range
• Mixed-use commercial projects
• Purchase price that is below replacement cost