Pacolet Milliken believes that owning the best Class A office property in leading world capital urban centers is a superior inter-generational investment vehicle. With a focus on New York & Washington DC, we favor individual properties over fund investments. We prefer properties where we can act as "master developer" and create value through entitlements and property improvements. We partner with best-of-class development and operating firms that share our goals of long-term income streams, appreciation potential, quality and sustainability.
We see each of our property investments as ultimately being "Core" whether they are undeveloped, opportunistic, distressed or stabilized when we acquire them. We look for barriers-to-entry, a stable income, superior locations and high quality development partners. We believe that patience, focus on location, and the pricing premium accorded to sustainable building design are the cornerstones of an inter-generational portfolio.
Pacolet Milliken management has been responsible for managing Milliken & Company property holdings in New York City and for the entitlements & design for our project on Bryant Park in New York City.