Tripoint Properties, Inc was founded on an entrepreneurial Value Creation Strategy developed by Tripoint’s management team, drawing from its extensive real estate, finance, and construction experience. Tripoint’s Value Creation Strategy has been used consistently from the company’s inception, yielding quality real estate assets and above market investment returns. This strategy relies on a disciplined and intelligent acquisition, development, and management process that requires approximately three to five years, per property, to complete.

Tripoint’s Value Creation Strategy begins with the Acquisition process and the sourcing and identification of under valued commercial properties in core, infill locations. These properties are typically caught up in complex situations that prevent them from being sold due to apparent risk. Tripoint is uniquely able to quantify these risks and thereby determine an appropriate risk adjusted return, leading to a negotiated purchase price and a discount from the original asking price. Tripoint’s strong relationship with the local and regional lending community enables Tripoint to arrange for advantageous construction financing and to successfully complete the acquisition of each property.

The Development process begins as a new property is acquired. Tripoint’s development team determines the highest and best use for the newly acquired property and incorporates either a change of use or an updated reuse into a well thought-out, creative redevelopment plan. Significant capital dollars are infused into the reconstruction of the property in order to bring about dramatic visual changes to the interior and exterior of the property. Tripoint’s develo9pment team is disciplined about containing construction costs and bringing about the timely execution of the project.

The final piece of Tripoint’s Value Creation Strategy is the Management process. As the base building redevelopment construction is completed, the property’s image is repositioned with a significant marketing effort and name change. Local market knowledge and talent are leveraged in order to quickly lease up the property with quality tenants. Tripoint’s management team relentlessly works to provide proactive management services that exceed the expectations of each tenant. Using best practices to control operating expenses maximizes net operating income of the property. When the property is stabilized and market conditions are right, the Value Creation Process is completed with the sale of the property. Tripoint looks to deliver a return equivalent to two times the equity invested in the project.