Asana Partners is a real estate investment company that creates value through acquisition, enhancement, and operation of distinctive retail properties in dynamic urban markets in the United States.
Founded by industry veterans Terry Brown, Jason Tompkins, and Sam Judd, the company’s balanced approach to retail real estate investment optimizes long-term risk adjusted returns.
We have deep experience and expertise in:
Having worked together on hundreds of successful retail properties across economic cycles and changing consumer environments, we understand retail. We know that successful retail must have differentiated retailers and offer meaningful and authentic consumer experiences. This means investing in the most dynamic markets in the United States and targeting high-quality properties that will benefit from our hands-on approach.
Acquisitions and Dispositions
Our recent experience includes the execution of approximately $3 billion of retail-driven acquisitions and approximately $2 billion of retail-driven dispositions. We have developed deep relationships across the retail real estate industry that are critical to the identification and execution of investment opportunities.
Value creation requires a high-performance asset management team leveraging unmatched information management systems, real-time analytics, and a time-tested risk management framework. Our discipline is underpinned by an operations-oriented approach, industry-leading financial expertise, and a long-term value creation philosophy.
Merchandising and Leasing
We leverage our relationships and experience to merchandise our centers to a mix of best-in-class local, regional, and national retailers focusing on driving consumer traffic, retail sales, base rents, and net operating income, while enhancing the quality of the revenue stream. Our extensive retailer network and strong relationships provide us insight into retailer business strategies including expansions, contractions, and anticipated renewals.
Repositioning and Redevelopment
Our recent experience includes the execution of more than $1 billion of retail-driven redevelopments and developments, gaining deep familiarity with the full redevelopment and development process including site selection, design, risk assessment, entitlement, budgeting, contracting, and tax increment financing.
Capital Markets and Balance Sheet Management
Our approach is built on our reputation for and long-standing commitment to transparency and integrity. Additional key tenets of our approach include relationship development, capital availability, diversification, and flexibility. This approach has resulted in deep institutional capital relationships and a focus on cost-of-capital and balance sheet structure optimization. Our experience includes the execution of more than $10 billion of financing transactions with dozens of institutional investors, lenders, and partners.
Risk Identification and Mitigation
Our entrepreneurial spirit is supported by a strong institutional risk management foundation. We have deep experience with, and a refined approach to, risk mitigation, which includes recruiting/hiring decisions, management oversight, investment decisions, value creation strategy, portfolio diversification, balance sheet optimization, and insurance.
Asana Partners considers sustainability a key driver of value in commercial real estate. Our experience includes mitigating portfolio-wide energy and water consumption, employing wind, solar, and waste management programs, developing LEED-certified buildings, and increasing the number of LEED-trained associates.