Guardian Realty offers a wide range of services. Our Funds Management system pays close attention to cost and risk in order to really capitalize on cash flow opportunities. In Addition, we take Investment Strategy seriously. Guardian’s most important part of Investment Strategy is to closely follow and align it with the individual’s goals. The company’s Acquisition Criteria is simple, we acquire properties that have demonstrated consistent earning power. That means properties being at least 80% occupied at time of acquisition, and earning good returns on equity while employing little or no debt. Our Property and Asset Management strategy helps to reduce operating costs while maintaining property values.
In 1999, Guardian launched Guardian Realty Fund I to focus on the funds management business and concentrate on institutional investors. Fund I has a long term investment period. The Company seeks current cashflow and selectively sells and/or reinvests capital proceeds. The Fund currently owns twenty five (25) commercial office buildings and one apartment property.
Guardian Realty Fund II, a $113.75 million equity fund was launched in Fall 2003 and closed in Summer 2005. The Fund had a diverse group of high quality investors including university endowments, foundations, pensions, and fund of funds. The Fund acquired 19 commercial office properties during its investment period and sold 4 of those properties. The fund was recapitalized in July 2015 as Fund II-A. Fund II-A currently owns nine (9) commercial office buildings.
Guardian focuses on local markets where the Principals have over 68 years proven expertise and success. Their investment strategy is to acquire existing Class B and B+ commercial office buildings that have value enhancement potential through repositioning, re-tenanting, refurbishing and intensive hands-on asset management. The geographic focus is within 125 miles of Washington, DC with the three primary sub-markets consisting of Washington, DC, Northern Virginia and Suburban Maryland.
Guardian seeks to acquire and proactively asset and manage properties which generate risk adjusted returns that are significantly greater than larger Class A properties. Using a hands-on team approach, Guardian’s bottom line objective is to maintain a low level of risk, generate current cash flow and earn superior returns. The Principals, Executive Team, senior staff and property management personnel are actively involved in every transaction.
Guardian’s business model calls for future growth of the Firm through expansion of fund management, and the strategy employed in Fund Management today is the same strategy successfully deployed on a deal by deal basis since 1992.
Guardian’s acquisition process focuses on locating and obtaining attractive near stabilized, or soon-to-be stabilized properties with value enhancment potential in the Washington, D.C. Metropolitan Area. Investments primarily focus on commercial office assets that include the following features:
• Commercial Office Buildings
• Predominately office with first floor retail space
• Flex-office properties that combine office, warehouse and light assembly activities.
The Firm maintains strict written guidelines and standards. Specific investment criteria for property acquisitions include:
• Class B and B+ office buildings from 50,000 to 125,000 sq. feet
• Primarily located in local markets within 125 mile radius of Washington, D.C., Northern Virginia and Suburban Maryland
• Highly desirable locations with superior amenities
• Buildings that are at least 80% occupied at time of acquisition
• Quality tenants, locally or regionally based.
• Below market in-place rents
• Minimal deferred maintenance
The Firm focuses on fundamentals: location, demand driven, barriers to entry, amenities, and existing tenancy.
To submit a building for consideration please contact us.
ASSET AND PROPERTY MANAGEMENT
Guardian employs an integrated hands-on approach to asset and property management with the Principals and Executive Team actively and jointly involved in all aspects. The team’s success in its market niche of Class B and B+ commercial office buildings is its ability to identify, purchase, upgrade and enhance the value of quality buildings while successfully employing a multi-tenant strategy.
Guardian’s integrated approach ensures optimal management of portfolio assets by a team of industry experts who have demonstrated the ability to effectively lease and manage properties. The team creates and adds value by ensuring proper attention is paid to all facets of real estate management and that appropriate cost control measures are met. The result is a distinct economic edge that includes the following components:
• Lower property acquisition costs
• Lower initial leasing costs
• Lower renewal fees
• Reduced downtimes
• Economies of scale
• Higher returns upon disposition
Guardian’s in-house management program further maximizes return on investments by generating cash flow through careful control of expenditures, multiple leases, better leasing performance, substantial occupancy plus prompt and personal attention for optimal tenant satisfaction. The Firm’s strategy incorporates a carefully monitored program of property maintenance and necessary capital improvements, often handled in-house.
The Principals believe that timely and accurate financial reporting and business controls are crucial to sound management. Guardian has made a significant investment in technology to ensure that its reporting procedures are second to none. Financial reporting packages utilized by the team include Argus and Access Property Management software by JenArk. Guardian uses scanning technology and workflow software to efficiently standardize financial responsibilities of approval and payment processing.
Property management services are provided through Guardian’s affiliate, Guardian Realty Management, Inc.. By utilizing in-house staff to handle most projects, including HVAC, electrical, carpentry, painting and general maintenance, Guardian is able to maintain a hands-on strategy that ensures an optimum operation, a high level of tenant retention and lower operating costs. Guardian independently estimates and competitively bids out tenant improvement work.
A diversified staff of specialists, all of whom have major involvement in the physical and financial oversight of all Guardian properties, is managed by Senior Managers that focus as owners. Guardian’s in-house specialists include:
• Leasing Agents
• Property Managers
• Construction Managers
• Project Managers
• HVAC and electrical technicians
• Maintenance staff