Firm News and Updates

Ascentris hired Anthony Breault as Managing Director to support portfolio management and institutional client oversight.

Ascentris expanded its partnership with Grubb Ventures through the acquisition of Glenwood Place Phase II, a 175,000-square-foot office portfolio in Raleigh, North Carolina.

Ascentris and Harbor Associates sold The Pinnacle, a 110,000-square-foot Class A office property in San Diego’s Rancho Bernardo submarket.

Sterling Bay and Ascentris formed a joint venture to develop 160 N Morgan, a 29-story Class A residential tower with retail in Chicago’s Fulton Market.

Ascentris, Highline Real Estate Capital and SQUARE2 Capital acquired Westside Plaza I, II and III, a 372,639-square-foot Class A office campus in Doral, Florida.

Ascentris transferred SALT, a 265-unit luxury residential community in Tempe, Arizona, into its long-term hold vehicle.

Ascentris and Bridge Investment Group sold Fountain Square, a 242,000-square-foot three-building office campus in Boca Raton, Florida, following renovations and strong leasing growth.

Texas Municipal Retirement System committed $200 million to Ascentris through a new partnership targeting value-add real estate investments across the United States.

Ascentris announced firm-wide verification and compliance with Global Investment Performance Standards (GIPS®) for the period from December 3, 2010 through December 31, 2020.