The MCB focus on Class B office is spurred by the fact that our principals have owned, operated, managed, worked out of and profited from these facilities for years. We feel the market conditions are highly favorable and our ability to access “off market deal flow” combined with our talent for identifying undervalued assets make this sector a natural one for us.

The specific physical characteristics for our model are assets that are usually 100,000 sq ft or less, highly functional, well-located and more than 10 years old. Generally, they will feature a slightly older or less desirable design and infrastructure than Class A buildings, although we can, at times, take a well-located Class B building, renovate it and reclassify it as a B+, or even as a Class A.