Value-Add / Development

EverWest makes equity investments in properties that require varying degrees of leasing, repositioning, and capital expenditures, including development.

With the value-add and opportunistic strategies, EverWest focuses on top markets and submarkets, and typically strives to deliver a core-like asset upon execution of the business plan.

Creative Offices:

The Circuit
Tempe, AZ
185,000 sq. ft.
Investment Date: July 2014

Adaptive reuse and creative office repositioning projects in the top submarkets of the following markets:

  • Seattle
  • San Francisco Bay Area
  • Southern California
  • Phoenix
  • Denver
  • Austin
  • Dallas
  • Chicago
  • Nashville
  • Boston
  • Other Markets on Select Basis

Industrial:

405 Victory Avenue
South San Francisco, CA
211, 259 sq. ft.
Investment Date: November 2015

Value-add and development opportunities with a $5M to $75M GAV. The primary focus is port-related and last-mile locations in the following markets:

  • Seattle
  • San Francisco Bay Area
  • Southern California
  • Chicago
  • Houston
  • NY/NJ
  • Baltimore/DC
  • Miami
  • Secondary Markets on Select Basis

Multifamily:

Elements Apt. Community
Brighton, CO
288 units
Investment Date: July 2016

Value-add opportunities focused on workforce housing. Building quality goes from a B- to a B+, resulting in opportunity to push rents. A focus on the following markets:

  • Seattle
  • San Francisco Bay Area
  • Southern California
  • Denver
  • NY/NJ
  • Boston
  • Chicago
  • Austin
  • Nashville
  • Other Markets on Select Basis