Jump to content

World Class Capital Group: Difference between revisions

Add links
From Wikipedia, the free encyclopedia
Browse history interactively
← Previous edit
Content deleted Content added
VisualWikitext
No edit summary
Tag: New redirect
 
(50 intermediate revisions by 38 users not shown)
Line 1: Line 1:
#REDIRECT [[Nate Paul]]
{{Infobox company

| name = World Class Capital Group
{{Rcat shell|
| logo = [[Image:World Class Capital Group Logo.png|220px]]
{{R to related topic}}
| industry = [[Real Estate Development]]
| type = Private
| founded = 2007
| location = [[Austin]], [[Texas]], [[United States]]
| key_people = {{unbulleted list|Nate Paul, founder, president & [[chief executive officer|CEO]]| Sheena Paul, [[Chief operating officer|COO]]}}
| homepage = [http://www.wccapitalgroup.com wccapitalgroup.com]
}}
}}

'''World Class Capital Group (World Class)''' is a privately owned real estate company based in [[Austin, Texas]] with an additional office on [[Madison Avenue]] in [[New York City]]. The company is owned by president and [[Chief executive officer|CEO]] Nate Paul.<ref>{{cite journal| journal=Austin Business Journal| date=January 3, 2014| title=14 to Watch in 2014| author=Jan Buchholz}}</ref><ref name=bizhouston>{{cite web| url=http://www.bizjournals.com/houston/news/2014/02/24/austin-real-estate-company-snags-big-houston-self.html| title=Austin real estate company snags big Houston self-storage portfolio| author=Jan Buchholz| date=February 24, 2014| publisher=Houston Business Journal| accessdate=April 29, 2015}}</ref><ref name=rr>{{cite web| url=http://www.bizjournals.com/austin/blog/real-estate/2014/02/cypress-semiconductor-campus-sold-to-developer.html| title=Cypress Semiconductor campus sold to developer World Class Capital| date=February 12, 2014| author=Michael Theis| publisher=Austin Business Journal| accessdate=April 29, 2015}}</ref>

==History==
In January 2011, World Class Capital Group purchased Teakwood Plaza shopping center in Austin, Texas.<ref>{{cite web| url=http://www.bizjournals.com/austin/blog/retail/2011/01/austinite-buys-burnet-road-shopping.html| title=Austinite buys Burnet Road Shopping Center| author=Francisco Vara-Orta| date=January 6, 2011| publisher=Austin Business Journal| accessdate=April 29, 2015}}</ref> In October of the same year, the company acquired three Austin properties which previously held Spaghetti Warehouse, Katz’s Deli, and La Zona Rosa, a live music venue.<ref>{{cite web| url=http://www.statesman.com/news/business/austin-firm-acquires-3-high-profile-downtown-build/nRgkL/| title=Austin firm acquires 3 high-profile downtown buildings| date=October 31, 2011| publisher=Statesman| accessdate=April 29, 2015}}</ref>

World Class purchased a 1-acre lakefront property in Austin in August 2012 from Trinity Street Joint Venture.<ref>{{cite web| url=http://www.statesman.com/news/business/real-estate/firm-buys-lakefront-tract-near-four-seasons-deve-1/nRNDZ/| title=Firm buys lakefront tract near Four Seasons; development plans unclear| date=August 2, 2012| author=Shonda Novak| publisher=Statesman| accessdate=April 29, 2015}}</ref> The company later announced a proposition to construct a 39-story apartment tower at the location.<ref>{{cite web| url=http://www.statesman.com/news/business/39-story-apartment-tower-planned-downtown/nbsZx/| title=39-story apartment tower planned downtown| date=November 14, 2013| author=Shonda Novak| publisher=Statesman| access-date=August 10, 2015}}</ref> The same month, the company acquired a 12-property self-storage portfolio from Sovran Self Storage which had been operating under the Uncle Bob’s Self Storage brand. The properties in Dallas and the Houston area would be re-branded as Great Value Storage,<ref>{{cite web| url=http://www.insideselfstorage.com/news/2012/08/world-class-capital-group-acquires-12property-portfolio-from-sovran-self-storage.aspx| title=World Class Capital Group Acquires 12-Property Portfolio From Sovran Self Storage| date=August 24, 2012| publisher=Inside Self-Storage| accessdate=April 29, 2015}}</ref> a wholly owned and operated subsidiary of World Class.<ref name=bizstorage>{{cite web| url=http://www.bizjournals.com/austin/blog/real-estate/2013/04/world-class-capital-picks-up-2500.html| title=World Class Capital picks up 2,500 self storage units| author=Jan Buchholz| date=April 3, 2013| publisher=Austin Business Journal| accessdate=April 29, 2015}}</ref><ref>{{cite web| url=http://news.sparefoot.com/1047-independent-storage-operators-to-watch-in-2015| title=8 independent storage operators to watch in 2015| author=Alexander Harris| date=December 30, 2014| publisher=The SpareFoot Storage Beat| accessdate=April 29, 2015}}</ref> World Class acquired a portfolio of eight [[self storage]] facilities in [[Ohio]] in November 2012, to be re-branded as Great Value Storage.<ref>{{cite web| url=http://www.bizjournals.com/austin/news/2012/11/15/world-class-capital-acquires-ohio.html| title=World Class Capital acquires Ohio portfolio| date=November 15, 2012| author=Sarah Drake| publisher=Austin Business Journals| accessdate=April 29, 2015}}</ref> Also in 2012, the company purchased shopping centers in [[Austin, Texas]] and [[Denver]], [[Colorado]].<ref name=bizworld>{{cite web| url=http://www.bizjournals.com/austin/blog/real-estate/2013/12/world-class-capital-purchases-another.html| title=World Class Capital buys another Texas shopping center| author=Jan Buchholz| date=December 10, 2013| publisher=Austin Business Journals| accessdate=April 29, 2015}}</ref>

World Class purchased Nellis Self Storage facility in [[Las Vegas]] in January 2013 to be re-branded as Great Value Storage.<ref>{{cite web|url=http://www.bizjournals.com/austin/blog/real-estate/2013/01/world-class-capital-nabs-las-vegas.html| title=World Class Capital nabs Las Vegas storage facility| date=January 18, 2013| author=Jan Buchholz| publisher=Austin Business Journal| accessdate=April 29, 2015}}</ref> In April of the same year, the company purchased a five-property self-storage portfolio in [[Houston]], [[Texas]] and [[Indianapolis]]. The companies would also be re-branded under the Great Value Storage name.<ref name=bizstorage/> Later that month, it acquired the retail center Huron Plaza in [[Denver]], [[Colorado]] from Capmark Finance.<ref>{{cite web| url=http://www.bizjournals.com/austin/blog/real-estate/2013/04/world-class-capital-adds-denver-retail.html| title=World Class Capital adds Denver retail center to portfolio| date=April 12, 2013| author=Sarah Drake| publisher=Austin Business Journal| accessdate=April 29, 2015}}</ref> In March 2013, World Class purchased a 1.3-acre property surrounding the Austonian skyscraper.<ref>{{cite web| url=http://www.statesman.com/news/business/austin-firm-buys-high-profile-parcel-downtown/nWd7L/| title=Austin firm buys high-profile parcel downtown| date=March 1, 2013| author=Shonda Novak| publisher=Statesman| accessdate=April 29, 2015}}</ref> That same month, it acquired Galleria Oaks, a shopping center in Austin, from Los Angeles-based Galleria Associates Ltd.<ref>{{cite web| url=http://www.costar.com/News/Article/Local-Investor-World-Class-Capital-Buys-Galleria-Oaks-Retail-Center/146645| title=Local Investor World Class Capital Buys Galleria Oaks Retail Center| date=March 14, 2013| publisher=CoStar| accessdate=April 29, 2015}}</ref> The company purchased two commercial properties in June 2013 including North Oaks shopping center in Houston, Texas, and Andrita Media Center in [[Los Angeles]] in the acquisition.<ref>{{cite web| url=http://www.bizjournals.com/austin/blog/real-estate/2013/06/world-class-capital-nabs-properties-in.html| title=World Class Capital nabs properties in Houston, Los Angeles| date=June 12, 2013| author=Jan Buchholz| publisher=Austin Business Journal| accessdate=April 29, 2015}}</ref> World Class bought a student housing complex, State Flats, in [[San Marcos, Texas]] in December of that year.<ref name=bizworld/> In the same month, it purchased Culebra Crossing, a retail center in [[San Antonio, Texas]].<ref>{{cite web| url=http://www.mysanantonio.com/business/local/article/Austin-based-firm-buys-retail-center-on-Northwest-5042641.php| title=Austin-based firm buys retail center on Northwest Side| author=Valentino Lucio| date=December 6, 2013| publisher=My SA| accessdate=April 29, 2015}}</ref>

The company purchased the former [[Cypress Semiconductor]] campus in Round Rock, Texas in February 2014. The 118-acre facility had been closed since 2009.<ref name=rr/><ref>{{cite web| url=http://www.statesman.com/news/business/real-estate-firm-buys-former-cypress-semiconductor/ndLB6/| title=Real estate firm buys former Cypress Semiconductor campus in Round Rock, plans mixed-use development| author=Shonda Novak| date=February 11, 2014| publisher=Statesman| accessdate=April 29, 2015}}</ref><ref>{{cite web| url=http://impactnews.com/blogs/round-rock-pflugerville-impacts/in-the-news%3A_4/| title=In the News: World Class Capital Group| date=April 24, 2014| publisher=Community Impact| accessdate=April 29, 2015}}</ref> That same month, it acquired six self-storage properties in Houston from MMD Group. The properties were re-branded from Magi Self Storage into Great Value Storage.<ref name=bizhouston/> In March of that year, World Class Capital acquired the [[KPMG Center]] in [[Dallas]], [[Texas]].<ref>{{cite news |title=Downtown Dallas' KPMG Centre tower bought by Austin Investor |url=http://www.dallasnews.com/business/commercial-real-estate/20140325-downtown-dallas-kpmg-centre-tower-bought-by-austin-investor.ece|publisher=The Dallas Morning News |date=2014-03-25 }}</ref><ref>{{cite web| url=https://www.bisnow.com/dallas-ft-worth/news/office/behind-the-deal-kpmg-centres-rebranding--rebirth-42462| title=Behind the Deal: KPMG Centre's Rebranding & Rebirth| date=January 29, 2015| publisher=BisNow| accessdate=April 29, 2015}}</ref> In September 2014, World Class Capital bought former pool club Revive Uptown Dallas from Pearl Realty Holdings.<ref>{{cite web| url=http://www.benzinga.com/14/09/4866718/world-class-capital-adds-new-property-to-texas-property-portfolio| title=World Class Capital Adds New Property to Texas Property Portfolio| author=Alessandra Rose Miguel-Descalso| date=September 22, 2014| publisher=Benzinga| accessdate=April 29, 2015}}</ref> The company expanded into [[Louisiana]] when it bought Manhattan Place in [[Harvey, Louisiana]] for $18.5 million in October from [[Weingarten Realty|Weingarten Realty Investors]].<ref>{{cite web| url= http://www.nola.com/business/index.ssf/2014/10/manhattan_place_shopping_plaza.html| title=Manhattan Place shopping plaza in Harvey sells for $18.5M; new owner plans children's stores| author=Ben Myers| date= October 23, 2014| publisher=NOLA.com| accessdate=April 29, 2015}}</ref> A portfolio of eight [[Midwestern United States|Midwestern]] shopping centers was acquired in November. The purchase from [[Kimco Realty]], a New York-based real estate investment trust, included shopping centers in [[Illinois]], [[Iowa]], [[Missouri]], and [[Oklahoma]]. With this investment, the company increased its holdings to 15 states.<ref>{{cite web| url=http://www.costar.com/News/Article/World-Class-Capital-Group-Finalizes-Acquisition-of-12-Million-SF-Midwest-Retail-Portfolio/166514| title=World Class Capital Group Finalizes Acquisition of 1.2 Million-SF Midwest Retail Portfolio| author=Bryce Meyers| date=November 24, 2014| publisher=CoStar| accessdate=April 29, 2015}}</ref>

In June 2015, World Class Capital acquired another downtown Austin property zoned for 400,000 square feet. That same month, the company also announced STK Steahouses would occupy one of Austin properties of World Class Capital.<ref>{{cite web| url=http://www.bizjournals.com/austin/blog/real-estate/2015/06/world-class-capital-snags-another-high-profile.html?ana=e_du_pub&s=article_du&ed=2015-06-16&u=IFHZ76tmDET3fUl7/3vDjg0c8e3f97&t=1434492258| title=World Class Capital snags another high-profile site and lures new restaurant chain to Austin| date=June 16, 2015| author=Jan Buchholz| publisher=Austin Business Journal| access-date=August 10, 2015}}</ref>

==References==
{{Reflist|2}}

==External links==
* [http://www.wccapitalgroup.com Official website]

[[Category:Real estate companies]]
[[Category:Companies based in Austin, Texas]]
[[Category:Companies established in 2007]]

Latest revision as of 01:13, 5 August 2023

Redirect to:

Retrieved from "https://en.wikipedia.org/enwiki/w/index.php?title=World_Class_Capital_Group&oldid=1168787680"