MCB’s principals have strong backgrounds and extensive experience
in development, construction, finance, project management, asset management
and disposition with a core focus on retail, Class B office and light
industrial properties. MCB has the ability to offer complete development
services including financial analysis, due diligence, construction
management, property management, leasing and disposition as well as
full-service transactional and operational management. MCB’s
principals have served as operating partners and/or provided commercial
real estate advisory services in connection with a variety of assets
including office buildings, warehouses, distribution centers, shopping
centers and mixed use projects in multiple U.S. markets, but have now
dedicated themselves to focus on the Baltimore Metropolitan area and
segments of the Mid-Atlantic region, where MCB has direct insights
to market demands and requirements.
Some noteworthy projects (advisory or principal role) include:
- Acquisition, asset management, and repositioning of 69,000 square
foot single tenant office building
Redevelopment of 70,000 square feet of single tenant office into
multi tenant office
- Acquisition and re-development of 25,000 square
foot CBD office building
- Sale Lease-back 25,000 square foot office
building to a single tenant user
- Provide services to demise 350,000
square foot single tenant industrial property for multi tenant use
and retained as property/asset manager;
- Provide asset management
and value-add services to demise 420,000 square foot single tenant
industrial property for multi tenant use;
- Provide asset management
and value add services to an institutional investor for the repositioning
and sale of 770,000 square foot enclosed distressed mall;
- Redevelopment
of 35,000 square feet of Class B office;
- Acquisition and asset management
of 20,000 foot of office/flex building;
- Provide asset management and
value add services to an institutional lender for the repositioning
and sale of 429,000 SF power center;
- Acquisition and asset management
of 15,000 square foot suburban Class B office;
- Retained by equity
investor to manage the real estate due diligence process for a portfolio
of 500 commercial properties encompassing over 40 million square
feet of distribution, retail and office space. Managed acquisition
of property portfolio and subsequent disposition of properties to
third party purchasers;
Among other things, MCB’s unique value proposition
is based on:
- focusing on product types and markets where it has
an experiential advantage, or has identified additional partners
with applicable market experience;
- operating in markets where they
have the ability to structure and execute off-market deals for higher
cash flow and value-add exits;
- identifying value-add opportunities
overlooked by investors with inferior local knowledge;
- focusing on
asset classes and sizes for which it would be both inefficient for
large institutional investors to acquire/develop and difficult for
smaller under-capitalized or inexperienced investors to execute
- investing
alongside equity partners in transactions
|