Coretrust Capital Partners, LLC
ISIN | 🆔 |
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Industry | Real estate |
Founded 📆 | |
Founders 👔 | --> |
Headquarters 🏙️ | , Los Angeles, California , United States |
Number of locations | 2 |
Area served 🗺️ | United States |
💎 AUM | <!-- Only for financial-service companies --> |
Owners | --> |
Members | |
Number of employees | |
🌐 Website | www |
📇 Address | |
📞 telephone | |
Coretrust Capital Partners, LLC is a real estate investment firm that acquires, operates, and redevelops large-scale office properties in the United States. [1] Additionally, the company provides fiduciary investment services to institutional owners. [2] Coretrust is headquartered in Los Angeles with an East Coast regional headquarters in Philadelphia. [3] Coretrust owns and/or manages 4 million square feet of trophy office space throughout the U.S.
In 2018, Coretrust Pioneered the first indoor-outdoor terrace by removing the curtain wall (windows) of a high-rise as described in Fast Company's April 2019 article "How to cure 'sick buildings' with fresh air." [4] The indoor-outdoor terrace has no stationary doors and lets fresh air flow freely into a 40-year old office building. This space was featured in the Los Angeles Times, Los Angeles Business Journal, KCRW Radio, and CoStar. [5] [6] [7]
History[edit]
Managing Principals John Sischo, Randall Scott, and Thomas Ricci are former executives of Thomas Properties Group. They formed Coretrust Capital Partners, LLC in 2014. [8]
Properties[edit]
Properties owned by Coretrust Capital Partners:
- FourFortyFour South Flower, acquired in 2016 (914,000 square feet)
- Two Liberty Place, acquired in 2016 (950,000 square feet)
- Corporate Center Pasadena, acquired in 2018 (650,000 square feet)
Innovation[edit]
Coretrust has pioneered the workplace indoor-outdoor terrace by removing the curtain wall of a high-rise as described in Fast Company's April 2019 article "How to cure 'sick buildings' with fresh air." [9] This was part of the Workplace Innovation Lab project developed in conjunction with Gensler, Plantronics, Haworth, and PeopleSpace to showcase how a floor in a traditional office high-rise can accommodate a variety of work environments. The floor's show-stopper is the indoor-outdoor terrace, which allows fresh air and sounds from outside the building to circulate throughout the floor. [10]
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- ↑ Clodfelter, Reg. "Industry veterans form Coretrust Capital Partners". Institutional Real Estate, Inc. Retrieved 6 August 2019.
- ↑ "Well Known Real Estate Executives Form Coretrust Capital Partners, LLC". Business Wire. Retrieved 6 August 2019.
- ↑ Clodfelter, Reg. "Industry veterans form Coretrust Capital Partners". Institutional Real Estate, Inc. Retrieved 6 August 2019.
- ↑ Wartzman, Rick. "How to cure "sick buildings" with fresh air". Fast Company. Retrieved 6 August 2019.
- ↑ Vincent, Roger. "A new look for the 'L.A. Law' building includes 'courtyards in the sky'". LA Times. LA Times. Retrieved 7 August 2019.
- ↑ Madans, Hannah. "Managing Up". LA Business Journal. Retrieved 6 August 2019.
- ↑ Anderton, Frances. "Workplace innovation, Otis centennial". KCRW. KCRW. Retrieved 7 August 2019.
- ↑ "Well Known Real Estate Executives Form Coretrust Capital Partners, LLC". Business Wire. Retrieved 6 August 2019.
- ↑ Wartzman, Rick. "How to cure "sick buildings" with fresh air". Fast Company. Retrieved 6 August 2019.
- ↑ "Coretrust Capital Partners Case Study". Haworth. Retrieved 6 August 2019.