Triad Properties is a multi-disciplined, commercial real estate operating and investment company that offers value-added acquisition, development, management and brokerage services. Triad Properties specializes in opportunistic acquisitions, on-schedule/on-budget developments, proactive management, aggressive leasing and effective disposition of office, medical office and industrial properties. Triad Properties extensive track record and broad knowledge of real estate markets enables it to provide its investment partners, clients and third-party owners with a distinct competitive edge.
Acquisition and Development
By uniquely combining institutional discipline and entrepreneurial spirit, Triad Properties approaches each acquisition and development assignment by being integrally involved in all phases, extending from opportunity identification, initial due diligence, financial analysis, evaluation and documentation to equity procurement, financing, closing, construction, management, marketing, negotiations and ultimate exit. Triad Properties and its related entities have acquired and developed more than 8.3million square feet of commercial property since its inception in 1993.
In part, Triad Properties has achieved this success by earning the opportunity to enter into multiple joint ventures with national, regional and local investors. Triad Properties’ co-owners have varied from the private owner and individual investor to institutional investors, including insurance companies, university endowment funds and real estate investment trusts. As a result of its property ownership track record, Triad Properties offers its clients the unique benefit of managing projects with a commercial property owner’s perspective and commitment.
Property Management Services
With this property owner’s perspective, Triad Properties is uniquely positioned to offer asset management and property management services that are structured to generate operational efficiencies, long-term return on investment, and property value enhancement. The principals of Triad Properties are CPAs who place high priority on complete, transparent and timely reporting. In addition, owner and tenant requests or inquiries are addressed on a pro-active, thorough and timely basis. Finally, strong tenant relationships profoundly impact the opportunity for tenant retention. For that reason, Triad Properties’ attentive approach and ongoing tenant communication fosters, maintains and enhances the owner’s valued tenant relationships. Triad Properties offers these services to related partnerships and limited liability companies, and to a select group of third-party companies, private owners, financial institutions and institutional clients.
For example, Triad Properties has provided property management and related services to institutional and governmental clients such as CIGNA, Prudential, Georgia Tech Foundation, Cobalt Capital Partners, Gulf States Paper and the General Services Administration. This high standard of services has been provided by Triad Properties for local third party owned property such as NGP V Fund, Maynor & Mitchell Eye Center, North Alabama Bank, the PNC Building, and Premier Professional Systems, to name a few.
As a full service, commercial real estate operating and investment company, Triad Properties has generated an extensive track record of providing exceptional brokerage services that include investment sales, and leasing on behalf of owners as well as tenants. Triad Properties has participated in disposition services that have generated in excess of $700millionof property sales across all property sectors. Triad Properties has served in an investment sales brokerage capacity resulting in the sale of a number of Huntsville properties such as, the Defense Acquisitions University Building, a 62,500 square foot US General Services Administration (GSA) build-to-suit, Technology Centre, a 70,000 square foot R&D project; the Wyle building, an 81,000 square foot build-to-suit, and Crestwood Medical Pavilion, a four story medical office building. Recently, as the leasing broker serving in an owners representation capacity, the Triad Properties brokerage team has negotiated and finalized leases with Red Robin Gourmet Hamburgers, Firehouse Subs, Huntsville Hospital, Hitachi Consulting, GSA relating to the Federal Bureau of Investigation, Rheumatology Associates of North Alabama, Precious Smiles Dentistry, Madison Prosthodontics, Athens-Limestone Hospital, Athens Primary Care, and Central Pediatrics.
Triad Properties history of successful transactions reflects the senior principals’ background as Certified Public Accountants and their extensive, in-depth practical knowledge of real estate markets and transaction structures. These principals play an active role in providing the services offered. In fact, Triad Properties has secured more than $750 million of debt and equity to capitalize acquisitions and development. The principals’ experience and hands-on approach, coupled with the firm’s creativity and real estate acquisition, development and financing expertise, allows Triad Properties to analyze, structure, develop and underwrite a wide variety of real estate transactions.
Integrity, hard work, careful planning, in-depth research, investment discipline, creativity and long-term perspective form the equation and create the competitive advantage that allows Triad Properties to provide these value added services to investors and owners. By doing so, Triad Properties clients may achieve and enjoy the success of asset preservation, value enhancement and exceptional rates of return.