DivcoWest

Founded in 1993, DivcoWest is a prominent, vertically integrated real estate investment firm headquartered in San Francisco. The firm specializes in the acquisition, development, and management of high-quality commercial properties, primarily focusing on office, research and development (R&D), and life science assets. DivcoWest strategically targets innovation-centric markets across the United States, including key hubs like San Francisco, Silicon Valley, Boston, Seattle, and Austin. Their investment philosophy centers on a long-term, value-add approach, aiming to enhance the value of their extensive portfolio through active management, strategic redevelopment, and repositioning. This comprehensive strategy allows them to capitalize on evolving market demands and tenant needs in dynamic urban and suburban environments.

DivcoWest demonstrates substantial financial capacity and a robust track record. Since its inception, the firm and its affiliates have successfully raised over $14 billion in equity capital, reflecting strong investor confidence and a deep pool of resources for new ventures. A significant milestone was the closing of DivcoWest Fund VI in December 2021, which secured $2.25 billion in commitments, further bolstering their ability to pursue large-scale real estate opportunities. Their operational footprint is vast, encompassing over 60 million square feet of commercial space across various properties, underscoring their extensive experience and scale in diverse real estate sectors.

DivcoWest's investment strategy is characterized by a deep understanding of market dynamics and a focus on properties that can benefit from strategic improvements or repositioning. They frequently engage in significant property acquisitions, with individual deals often ranging from approximately $100 million to several hundred million dollars. For instance, recent acquisitions have included properties valued at $130 million, and they have completed notable transactions such as the acquisition of The Exchange in San Francisco for $650 million. Their vertically integrated model enables them to manage all aspects of the investment lifecycle, from acquisition and financing to development, leasing, and property management, providing comprehensive oversight and control over their assets and ensuring alignment with their long-term value creation goals.