Sansome Pacific seeks to acquire distressed and value-added commercial and multi-family assets with strong fundamentals in primary and growing markets throughout the Western United States. We acquire quality properties that have room for improvement and upside potential realized through either the redevelopment of the physical nature of the properties, the development of enhanced improvements, the repositioning of the management it its daily operations, or in refocusing leasing efforts to revitalize the tenant mix and utilize our long term tenant relationships. Value-added assets can often benefit from a change in marketing, operations, leasing, renovation strategy, physical improvements, and/ or a new capital structure.
Sansome seeks opportunities to acquire properties with a balanced mix of current cash flow and future appreciation. These properties may be located in recovering or underdeveloped primary markets, as well as in secondary and tertiary markets. These properties also may offer some re-tenanting or re-development exposure, though often coupled with the opportunity to increase cash flow when existing rents are below current market levels. To date, Sansome has acquired 26 value-added investments totaling approximately 323,000 square feet.