Bay Pointe Shopping Center
Fund IV
- December 2021
- Houston, Texas
- 98,522 sq. ft.
Partners Capital has successfully deployed four equity opportunity funds.
Fund IV
Fund IV
Fund IV
Fund IV
Fund III
Fund III
Fund III
Fund III
Fund III
Fund II
At Acquisition
At Sale
12600 Featherwood Drive was purchased by Fund I in late 2015 as a traditional valueadd office investment. The strategy was to increase occupancy, drive rental rates, and improve the building’s overall leasing appeal and aesthetics. Despite the worst office market in Houston’s recent history, Partners was able to increase NOI 56% in 30 months and generate a 21% IRR for the Fund I LP’s.