Commercial Acquisition Criteria

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Archon Group (“Archon”), a wholly owned investment management subsidiary of The Goldman Sachs Group, Inc., is currently seeking commercial acquisition opportunities nationwide.

On behalf of Whitehall, Archon has acquired over $15.3 billion worth of real property and commercial mortgage loans.

Sponsorship/Equity:

Whitehall Street Real Estate Limited Partnership: A series of limited partnerships sponsored and capitalized by Goldman Sachs along with institutional and private investors. The most recent Whitehall Street Real Estate Limited Partnership, which was created in 2005, is a $3.8 billion discretionary equity fund.

GS Balance Sheet:  Archon also acquires real estate assets, typically deals requiring equity of less than $15 million, on the direct behalf of Goldman Sachs.

Transaction Size:

No maximum:  Archon has expertise in underwriting large, geographically diverse portfolios as well as single assets in a short time frame.

Minimum all in investment: $5 Million (Industrial); $10 Million (Retail and Office) all-in

Targeted Opportunities:

Office:  Product allowing value enhancement through renovation and/or the ability to reset below market rents; build-to-suit and/or new ground-­up development.

Retail:  Power centers, neighborhood grocery centers, specialty centers and community centers, with special emphasis on real estate requiring development, re-development and/or re-positioning. (Archon Group Retail)

Industrial:  Product allowing value enhancement through renovation and/or the ability to reset below market rents. All industrial product considered.

Mixed Use:  Product consisting of any combination of office, retail, and industrial, as well as hotel and residential (separate Archon platforms).

Third-Party Joint Ventures:  High level of interest in joint ventures / partnerships, including those with third-party developers, as to any product type identified herein.

Transaction Structure: All cash purchases with no financing contingencies. Expedited due diligence and closing time frames.
Broker Protection: Brokers will be protected in the event a property is not exclusively listed.
Geographic Preferences: National, primarily major metropolitan markets.  Will consider secondary markets as part of a portfolio transaction.

OFFICE / INDUSTRIAL

Product/Region Name Location Email Telephone
Boston/New England

John Matteson

Boston, MA

john.matteson@archongroup.com

617-854-5527

Metro DC/Mid Atlantic

Bob Milkovich

Washington, DC

bob.milkovich@archongroup.com

202-312-6760

Texas, Central and Southwest

Steve Reynolds

Irving, TX

steve.reynolds@archongroup.com

972-368-2658

West

Nancy Haag

Los Angeles, CA

nancy.haag@archongroup.com

213-633-5855

RETAIL

Product/Region Name Location Email Telephone
National/Portfolio

Steve Lipscomb

Irving, TX

steve.lipscomb@archongroup.com

972.368.2890

Atlantic

Dave Paul

Washington, DC

david.paul@archongroup.com

202.312.6772

Florida

Greg Roth

Boca Raton, FL

greg.roth@archongroup.com

561.213.0527

Midwest

Curt Bailey

Chicago, IL

curt.bailey@archongroup.com

312.629.7801

Southwest

Dan Watson

Irving, TX

dan.watson@archongroup.com

972.368.2526

West

Steve Lipscomb

Irving, TX

steve.lipscomb@archongroup.com

972.368.2890

 

 

 

 
 

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Copyright 2006 | Archon Group Retail | Archon Group, L.P.