Southwest Value Partners
Southwest Value Partners (SWVP) is an American privately-held real estate investment company. It is headquartered in San Diego, with an office in Scottsdale, Arizona.[1]
SWVP was founded in 1990 by Robert Sarver and Millard Seldin;[2] as of January 2018 Sarver remained a principal, with the managing partners being Mark Schlossberg and Cary Mack.[3]
In 1995, SWVP purchased the Emerald Plaza in San Diego;[2] as of February 1997 the company controlled almost 30% of the Class A office space in downtown San Diego.[4] In 2004, SWVP sold the Emerald Plaza and two other San Diego office buildings to Santa Ana real estate firm Triple Net Properties for $274.5 million.[5]
On December 2017, SWVP bought the Bank of America Center and two other towers in downtown Orlando, Florida from Cousins Properties for more than $200 million.[3][6]
In 2018, SWVP demolished the Draper Tower and the Sullivan Tower in Nashville, Tennessee to develop the Nashville Yards.[7][8]
References
- ↑ "Contact Us". Southwest Value Partners. Retrieved August 2, 2018.
- 1 2 Rivera, Steve (April 23, 2005). "Having a Blast". Tucson Citizen. Retrieved November 30, 2017.
- 1 2 Brinkmann, Paul (January 3, 2018). "Deeds recorded on $208M purchase of downtown Orlando towers". Orlando Sentinel. Retrieved September 25, 2018.
- ↑ Gumbel, Peter (February 19, 1997). "Arizona Firm Has Bought 30% Of Prime San Diego Real Estate". Wall Street Journal. Retrieved September 25, 2018.
- ↑ Southwest Value Partners: "Three Downtown Towers are Sold for $274 Million" June 17, 2004. Retrieved November 30, 2017.
- ↑ Aslam, Sarah (December 22, 2017). "San Diego firm scoops up 3 downtown Orlando trophy towers for more than $200M". Orlando Business Journal. Retrieved September 25, 2018.
- ↑ Meyer, Holly (January 6, 2018). "LifeWay implosion: How does the tower's namesake feel?". The Tennessean. Retrieved July 25, 2018.
- ↑ Snyder, Eric (July 23, 2018). "Watch downtown's Sullivan Tower come crashing down". Nashville Business Journal. Retrieved July 25, 2018.