
July 14, 2016 -
Front Section
New York, NY Steinbridge Group has relocated its headquarters to 4 World Trade Center, in the heart of Lower Manhattan. The real estate investment firm’s space is part of concierge-managed office space offered by Silverstein Properties.
Led by CEO Tawan Davis, Steinbridge now occupies offices on the concierge-managed 29th floor at 4 World Trade Center, which includes 44,000 s/f of space, with conference rooms, business lounges, skype rooms, a break room and more. Other major tenants in the building include the City of New York, Morningstar, MediaMath, and the Port Authority of New York & New Jersey.
Having already closed on $200 million in U.S. real estate acquisitions so far this year, Steinbridge is currently focused on acquiring income-generating assets in the Washington, D.C., Boston, and New York City markets. They are finalizing the acquisition of an additional $500 million in assets, with another $1 billion worth of acquisitions in the pipeline.
Formed by a group of private family and international investors, Steinbridge employs a multi-tiered investment strategy: acquiring income-producing real estate assets in U.S. gateway cities and pivoting submarkets; providing foreign investors with access to U.S. real estate assets; and targeting high-quality, mid-sized assets for acquisition. Steinbridge co-invests with various global partners, taking a long-term hold position.