Former EDENS Executives Launch Asana Partners – A Retail Real Estate Investment CompanySeptember 9, 2015
COLUMBIA, S.C. – Industry veterans Terry Brown, Jason Tompkins, and Sam Judd last month launched Asana Partners, a retail real estate investment company balancing a vision and passion for the retail experience with the financial rigor necessary to create value. Drawing from the team’s deep operational and investment background in retail real estate, including more than $15 billion in transaction activity over the last 15 years, the company will acquire, own, and operate retail properties in dynamic markets across the United States.
“Success in this industry requires expertise in both retail real estate operations and capital allocation,” commented Terry Brown, Chairman & Chief Executive Officer. “As a retail-focused real estate investment company, Asana Partners will build on our track-record of delivering strong results across economic cycles and evolving consumer preferences.”
Asana Partners will leverage a fully integrated operations-based approach to drive long-term value from retail properties in the fastest growing, most attractive markets in the country. The company’s high performance team paired with a time-tested risk management framework are key components of this strategy.
“Our disciplined approach to operations, investments, and capital markets is grounded in industry knowledge and financial acumen,” President & Chief Operating Officer Jason Tompkins added. “We view this integrated operating and investment platform as a unique and compelling approach to investment in retail real estate.”
The three founding partners collectively have over 60 years of industry experience, including more than a decade working together in executive roles at EDENS, one of the leading operators, owners, and redevelopers of open-air retail in the United States. Brown led EDENS as Chairman & Chief Executive Officer, and Tompkins was Chief Financial Officer. Sam Judd, Chief Investment Officer of Asana Partners, most recently was with Sears Holdings as Vice President – Real Estate.