World Class Capital Group
| File:World Class Capital Group Logo.png | |
| Company type | Private |
|---|---|
| Industry | Real Estate Development |
| Founded | 2007 |
| Headquarters | Austin, Texas, USA |
Key people | Nate Paul, Founder, President & Chief Executive Officer |
| Website | www.wccapitalgroup.com |
World Class Capital Group is a privately owned national 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]
World Class Capital Group is a leading national real estate investment firm focused on acquiring, developing, and managing high-quality real estate.[2]
World Class is principally engaged in the ownership, development, financing, management, and acquisition of commercial real estate and land throughout the United States. They pursue an opportunistic investment strategy and seek to acquire assets that can benefit from our hands-on management approach.[3]
World Class has grown into one of the nation's leading real estate investment firms by adhering to a simple principle: “Identify Opportunity. Create Value.”[4]
Company
World Class Capital Group is a national leader in the real estate value-add investment arena. Their investment partners include major public and private pension funds, insurance companies, financial institutions, foundations, family offices, and high net-worth individuals. Their investment professionals in the Austin and New York offices constantly search for investment opportunities that allow them to achieve superior risk-adjusted returns.
Activities
World Class Capital Group has made numerous large acquisitions in recent years. 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.[5]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. [6][7] 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.[8] 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.[9][10][11] 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.[12]
References
- ^ "World Class Capital Opens in New York at 540 Madison Avenue". Commercial Observer. 2013-05-15. Retrieved 15 May 2013.
- ^ "World Class Capital Group".
- ^ "World Class Capital Group".
- ^ "World Class Capital Group".
- ^ "World Class Capital Group acquires 100,000 Square Foot Austin Retail Center in Off-Market Transaction". Yahoo! Finance. 2013-03-11.
- ^ "World Class Capital Group Closes Two Major Acquisitions in Texas and California". CNBC. 2013-06-12.
- ^ "World Class Capital Group Closes Two Major Acquisitions in Texas and California". The Wall Street Journal. 2013-06-12.
- ^ "Another downtown Austin apartment in the works". Austin Business Journal. 2013-11-12.
- ^ "World Class Capital Group Acquires Student Housing Community". Business Wire. 2013-12-10.
- ^ "World Class Capital Group Acquires Student Housing Community". Yahoo! Finance. 2013-12-10.
- ^ "World Class Capital Group buys another Texas shopping center". Austin Business Journal. 2013-12-10.
- ^ "World Class Capital Group Acquires 118-Acre Former Cypress Semiconductor Campus in Round Rock". Yahoo! Finance. 2014-02-11.