Jump to content

World Class Capital Group: Difference between revisions

From Wikipedia, the free encyclopedia
Content deleted Content added
rmv obvious promotionalism
m clean up using AWB (10823)
Line 1: Line 1:
{{Infobox company
{{Infobox company
| company_name = World Class Capital Group
| name = World Class Capital Group
| company_logo = [[Image:World_Class_Capital_Group_Logo.png|220px]]
| logo = [[Image:World Class Capital Group Logo.png|220px]]
| industry = [[Real Estate Development]]
| industry = [[Real Estate Development]]
| company_type = Private
| type = Private
| founded = 2007
| founded = 2007
| location = [[Austin]], [[Texas]], [[United States]]
| location = [[Austin]], [[Texas]], [[United States]]
Line 12: Line 12:


==Activities==
==Activities==
World Class Capital Group has made several large acquisitions. WCCG announced March 2013 that it had acquired Galleria Oaks, a 100,000 square foot retail center, from a Los Angeles based investment firm. The center is located in Northwest Austin on Research Boulevard just south of Lakeline Mall.<ref>{{cite news |title=World Class Capital Group acquires 100,000 Square Foot Austin Retail Center in Off-Market Transaction|url=http://finance.yahoo.com/news/world-class-capital-group-acquires-184000871.html|publisher=Yahoo! Finance|date=2013-03-11 }}</ref>It made another, June 2013, that it had closed on two large acquisitions. They acquired North Oaks Shopping Center, a 450,000 square foot retail center in Houston, Texas, as well as Andrita Media Center, a 110,000 square foot creative office and studio building in Los Angeles, California. <ref>{{cite news |title=World Class Capital Group Closes Two Major Acquisitions in Texas and California|url=http://www.cnbc.com/id/100810121|publisher=CNBC|date=2013-06-12 }}</ref><ref>{{cite news |title=World Class Capital Group Closes Two Major Acquisitions in Texas and California|url=http://online.wsj.com/article/PR-CO-20130612-906734.html|publisher=The Wall Street Journal|date=2013-06-12 }}</ref> In November 2013, World Class Capital Group set preliminary plans to construct a new downtown apartment tower on the property it owns at Cesar Chavez and Trinity streets.<ref>{{cite news |title=Another downtown Austin apartment in the works |url=http://www.bizjournals.com/austin/blog/real-estate/2013/11/another-downtown-austin-high-rise.html|publisher=Austin Business Journal |date=2013-11-12 }}</ref> The following month, December 2013, WCCG announced that it had acquired State Flats, a 162-unit student housing community in San Marcos near Texas State University’s main campus.<ref>{{cite news |title=World Class Capital Group Acquires Student Housing Community |url=http://www.businesswire.com/news/home/20131210006349/en/World-Class-Capital-Group-Acquires-Student-Housing|publisher=Business Wire |date=2013-12-10 }}</ref><ref>{{cite news |title=World Class Capital Group Acquires Student Housing Community |url=http://finance.yahoo.com/news/world-class-capital-group-acquires-174900213.html|publisher=Yahoo! Finance |date=2013-12-10 }}</ref><ref>{{cite news |title=World Class Capital Group buys another Texas shopping center|url=http://www.bizjournals.com/austin/blog/real-estate/2013/12/world-class-capital-purchases-another.html|publisher=Austin Business Journal |date=2013-12-10 }}</ref> In 2014, Nate Paul announced his firm had acquired the former Cypress Semiconductor campus in Round Rock, Texas. The seller was Cypress Semiconductor Corporation. The property is located on Interstate Highway 35 North and extends to Cypress Blvd, directly behind the IKEA retail development at the intersection of IH-35 North and University Drive.<ref>{{cite news |title=World Class Capital Group Acquires 118-Acre Former Cypress Semiconductor Campus in Round Rock |url=http://finance.yahoo.com/news/world-class-capital-group-acquires-201100501.html|publisher=Yahoo! Finance |date=2014-02-11 }}</ref> World Class Capital Group announced, February 21, 2014, that it had acquired a six property self-storage portfolio of properties in the Houston MSA. The portfolio includes over 1,600 self-storage units accounting for roughly 270,000 square feet. The purchase of the six facilities represents the fourth portfolio acquisition for World Class Capital Group in the last 18 months.<ref>{{cite news |title=World Class Capital Group Acquires Six Property Self-Storage Portfolio in Houston |url=http://finance.yahoo.com/news/world-class-capital-group-acquires-154500024.html|publisher=Yahoo! Finance |date=2014-02-21 }}</ref> On March 25, 2014, it was reported that World Class Capital Group acquired the [[KPMG Centre]] in Dallas, Texas. WCCG has had the 34-story [[KPMG Centre]] at 717 Harwood under contract to purchase for several months and plans to renovate the 850,000-square-foot building.<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>
World Class Capital Group has made several large acquisitions. WCCG announced March 2013 that it had acquired Galleria Oaks, a 100,000 square foot retail center, from a Los Angeles based investment firm. The center is located in Northwest Austin on Research Boulevard just south of Lakeline Mall.<ref>{{cite news |title=World Class Capital Group acquires 100,000 Square Foot Austin Retail Center in Off-Market Transaction|url=http://finance.yahoo.com/news/world-class-capital-group-acquires-184000871.html|publisher=Yahoo! Finance|date=2013-03-11 }}</ref> It made another, June 2013, that it had closed on two large acquisitions. They acquired North Oaks Shopping Center, a 450,000 square foot retail center in Houston, Texas, as well as Andrita Media Center, a 110,000 square foot creative office and studio building in Los Angeles, California.<ref>{{cite news |title=World Class Capital Group Closes Two Major Acquisitions in Texas and California|url=http://www.cnbc.com/id/100810121|publisher=CNBC|date=2013-06-12 }}</ref><ref>{{cite news |title=World Class Capital Group Closes Two Major Acquisitions in Texas and California|url=http://online.wsj.com/article/PR-CO-20130612-906734.html|publisher=The Wall Street Journal|date=2013-06-12 }}</ref> In November 2013, World Class Capital Group set preliminary plans to construct a new downtown apartment tower on the property it owns at Cesar Chavez and Trinity streets.<ref>{{cite news |title=Another downtown Austin apartment in the works |url=http://www.bizjournals.com/austin/blog/real-estate/2013/11/another-downtown-austin-high-rise.html|publisher=Austin Business Journal |date=2013-11-12 }}</ref> The following month, December 2013, WCCG announced that it had acquired State Flats, a 162-unit student housing community in San Marcos near Texas State University’s main campus.<ref>{{cite news |title=World Class Capital Group Acquires Student Housing Community |url=http://www.businesswire.com/news/home/20131210006349/en/World-Class-Capital-Group-Acquires-Student-Housing|publisher=Business Wire |date=2013-12-10 }}</ref><ref>{{cite news |title=World Class Capital Group Acquires Student Housing Community |url=http://finance.yahoo.com/news/world-class-capital-group-acquires-174900213.html|publisher=Yahoo! Finance |date=2013-12-10 }}</ref><ref>{{cite news |title=World Class Capital Group buys another Texas shopping center|url=http://www.bizjournals.com/austin/blog/real-estate/2013/12/world-class-capital-purchases-another.html|publisher=Austin Business Journal |date=2013-12-10 }}</ref> In 2014, Nate Paul announced his firm had acquired the former Cypress Semiconductor campus in Round Rock, Texas. The seller was Cypress Semiconductor Corporation. The property is located on Interstate Highway 35 North and extends to Cypress Blvd, directly behind the IKEA retail development at the intersection of IH-35 North and University Drive.<ref>{{cite news |title=World Class Capital Group Acquires 118-Acre Former Cypress Semiconductor Campus in Round Rock |url=http://finance.yahoo.com/news/world-class-capital-group-acquires-201100501.html|publisher=Yahoo! Finance |date=2014-02-11 }}</ref> World Class Capital Group announced, February 21, 2014, that it had acquired a six property self-storage portfolio of properties in the Houston MSA. The portfolio includes over 1,600 self-storage units accounting for roughly 270,000 square feet. The purchase of the six facilities represents the fourth portfolio acquisition for World Class Capital Group in the last 18 months.<ref>{{cite news |title=World Class Capital Group Acquires Six Property Self-Storage Portfolio in Houston |url=http://finance.yahoo.com/news/world-class-capital-group-acquires-154500024.html|publisher=Yahoo! Finance |date=2014-02-21 }}</ref> On March 25, 2014, it was reported that World Class Capital Group acquired the [[KPMG Centre]] in Dallas, Texas. WCCG has had the 34-story [[KPMG Centre]] at 717 Harwood under contract to purchase for several months and plans to renovate the 850,000-square-foot building.<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>


==References==
==References==

Revision as of 07:26, 15 February 2015

World Class Capital Group
Company typePrivate
IndustryReal Estate Development
Founded2007
HeadquartersAustin, Texas, United States
Key people
Nate Paul, founder, president & chief executive officer
Websitewccapitalgroup.com

World Class Capital Group is a privately owned real estate investment firm. The firm’s headquarters are on the 33rd floor of the Frost Bank Tower in Austin, Texas The company also has an office in New York City at 540 Madison Avenue.[1]

Activities

World Class Capital Group has made several large acquisitions. WCCG announced March 2013 that it had acquired Galleria Oaks, a 100,000 square foot retail center, from a Los Angeles based investment firm. The center is located in Northwest Austin on Research Boulevard just south of Lakeline Mall.[2] It made another, June 2013, that it had closed on two large acquisitions. They acquired North Oaks Shopping Center, a 450,000 square foot retail center in Houston, Texas, as well as Andrita Media Center, a 110,000 square foot creative office and studio building in Los Angeles, California.[3][4] In November 2013, World Class Capital Group set preliminary plans to construct a new downtown apartment tower on the property it owns at Cesar Chavez and Trinity streets.[5] The following month, December 2013, WCCG announced that it had acquired State Flats, a 162-unit student housing community in San Marcos near Texas State University’s main campus.[6][7][8] In 2014, Nate Paul announced his firm had acquired the former Cypress Semiconductor campus in Round Rock, Texas. The seller was Cypress Semiconductor Corporation. The property is located on Interstate Highway 35 North and extends to Cypress Blvd, directly behind the IKEA retail development at the intersection of IH-35 North and University Drive.[9] World Class Capital Group announced, February 21, 2014, that it had acquired a six property self-storage portfolio of properties in the Houston MSA. The portfolio includes over 1,600 self-storage units accounting for roughly 270,000 square feet. The purchase of the six facilities represents the fourth portfolio acquisition for World Class Capital Group in the last 18 months.[10] On March 25, 2014, it was reported that World Class Capital Group acquired the KPMG Centre in Dallas, Texas. WCCG has had the 34-story KPMG Centre at 717 Harwood under contract to purchase for several months and plans to renovate the 850,000-square-foot building.[11]

References

  1. ^ "World Class Capital Opens in New York at 540 Madison Avenue". Commercial Observer. 2013-05-15. Retrieved 15 May 2013.
  2. ^ "World Class Capital Group acquires 100,000 Square Foot Austin Retail Center in Off-Market Transaction". Yahoo! Finance. 2013-03-11.
  3. ^ "World Class Capital Group Closes Two Major Acquisitions in Texas and California". CNBC. 2013-06-12.
  4. ^ "World Class Capital Group Closes Two Major Acquisitions in Texas and California". The Wall Street Journal. 2013-06-12.
  5. ^ "Another downtown Austin apartment in the works". Austin Business Journal. 2013-11-12.
  6. ^ "World Class Capital Group Acquires Student Housing Community". Business Wire. 2013-12-10.
  7. ^ "World Class Capital Group Acquires Student Housing Community". Yahoo! Finance. 2013-12-10.
  8. ^ "World Class Capital Group buys another Texas shopping center". Austin Business Journal. 2013-12-10.
  9. ^ "World Class Capital Group Acquires 118-Acre Former Cypress Semiconductor Campus in Round Rock". Yahoo! Finance. 2014-02-11.
  10. ^ "World Class Capital Group Acquires Six Property Self-Storage Portfolio in Houston". Yahoo! Finance. 2014-02-21.
  11. ^ "Downtown Dallas' KPMG Centre tower bought by Austin Investor". The Dallas Morning News. 2014-03-25.