Successful asset growth often means reinvesting in a project, holistically.
PITTSBURGH, PA — All too often, commercial real estate properties are treated with the rigid, ‘vanilla’ nature that the name implies to the casual observer. At JP Capital Management (JPCM), this is never the case. Instead, commercial real estate holdings are treated like personal assets. Because, let’s face it…to each and every tenant, it’s home.
JPCM has recently announced plans for major renovations to nearly all phases of their unique office property, Summerfield Commons in Pittsburgh, PA. Renovations will touch the entire property envelope including interior, exterior and grounds. Plans include upgrades to parking lots, landscaping, exterior finishes (such as windows and siding) and more. JP Capital Management has estimated the investment as $1.5-$2MM.
Josh Pastore, Vice President at JPCM, stated: “Investing in a property is about more than just structure or appearance, it’s about investing in the well-being of our clients. We want our tenants to feel good about coming to their place of business, and we want their clients to feel strongly about the professionalism of the companies they choose to do business with.”
Summerfield Commons is one of the areas premiere commercial properties, housing 11 different buildings and over 100,000 sq.ft. of office space. Interested parties should contact Adam Hoppel at (330) 429-2895 for leasing information.
JP Capital Management (JPCM) is a private equity company that specializes in the acquisition and operation of middle market companies in sectors such as manufacturing, real estate, health care, commodity brokerage and more.
JPCM approaches each transaction from a disciplined, pragmatic and economically sound perspective. But where their approach differs from typical private equity, is in their ability to leverage JPCM family of companies to the benefit of each individual business.