Managing Partners Gene Zink and Rich Horn have acquired and developed commercial projects together for over 30 years, including some of the largest office and industrial projects in the country. Gene was a founding executive of Duke Realty (NYSE: DRE), and with Rich and others, led the REIT’s growth over a 10-year period from $700MM to $10B, and creating and operating a mixed portfolio of office, industrial & retail projects amounting to 120 million square feet located across 15 states. SCP’s team is rounded out by professionals who have worked at Duke, as well as in the private equity and brokerage sectors prior to joining the firm.
Founded in 2005
SCP was formed in 2005 as the general partner of Strategic Partners Value Enhancement Fund (SPVEF), a $250 million discretionary equity fund with a fully invested value of over $1 billion in assets. Today, SCP is a real estate firm whose principals have nearly $15 billion of successful experience in developing, acquiring, managing, redeveloping and disposing of institutional, commercial and apartment projects.
SCP is the general partner of SPVEF, a $250 million institutional equity fund raised in 2005 to acquire $1 billion in assets. Currently, SPVEF is fully invested, controlling over $100 million of assets in joint ventures across the country. The investment strategy was “tri-coastal,” and SCP continues to actively manage and will opportunistically exit investments when fully stabilized. The Fund’s performance is ranked top quartile for its vintage.
Joint Venture Acquisitions
SCP focuses on value-add and opportunistic acquisitions in top-tier submarkets within the Midwest, Southeast and Mid-Atlantic regions. Our current focus is on industrial and office assets in targeted markets with strong job growth and absorption trends.
Full-Service Development Capabilities
SCP currently manages over $300 million of real estate assets. SCP is focused on providing value added solutions to tenants and investors, and has decades of experience in speculative, build-to-suit and project master-planning execution.
Holistic Urban Development
SCP is motivated by more than profits. Through its efforts in mixed-use redevelopment, the firm is committed to holistic urban improvement. Of note is SCP’s partnership with Purpose Built Communities, an organization founded by Tom Cousins, Julian Robertson and Warren Buffett, which has redeveloped the Avondale Meadows area in Indianapolis – a 100 acre impoverished area east of the city. The completed Avondale projects include a Health and Wellness Center, a mixed-income apartment property and investments in five educational facilities, totaling approximately $360 million to date. Future Avondale phases will include single-family housing, apartments, retail, parks, and schools.
8900 Keystone Crossing Suite 100 Indianapolis, IN 46240