Longships Capital Partners is a real estate investment group specializing in credit-tenanted corporate real estate investments since 2010. Our strength is our ability to look at a potential transaction and find ways to optimize investment returns through the use of structured finance techniques.
Our most recent acquisition in 2017 was the $38mm Villa Park operation center leased by Bank of America in Richmond, Virginia. Other acquisitions in the past 12 months include the $93.5mm North American headquarters for a division of Ericsson in Piscataway, a $147.5mm corporate facility leased by Merrill Lynch Global Wealth Management in Princeton, New Jersey, and a $74.5mm multi-credit-tenanted office also in Princeton, New Jersey.
Longships prefers to structure its acquisitions for subsequent sale into the 1031 market. However, we will also hold for longers terms, as dictated by the financial structures themselves or future value-creating events.