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Kobalt Investment Company Announces its Launch and Milestone Project in Woodlands, Texas
THE WOODLANDS, TX -- Kobalt Investment Company (Kobalt), who launched their Dallas-based real estate investment company in early 2022, announces the acquisition of Creekside Park Village Green in sprawling Woodlands, Texas.
Kobalt Investment Company Acquires Creekside Park Village Green in Woodlands, Texas
Kobalt, and its team of real estate veterans, grows strong relationships with tenants, brokers and industry leaders, providing a long-term success strategy. Specializing in leasing and asset management of retail centers in high-growth urban and suburban markets, Kobalt has 1.2 million SQ FT already under management and approximately $75 million in closed transactions.
“Kobalt Investment Company was formed with the goal to exceed the expectations of our investors and to create sustainable worth to our tenants and communities in our operating markets,” said Andy Crosland, Kobalt co-founding partner. “Our effective and resourceful team looks forward to building on the substantial momentum we have had since inception.”
Justin Grissen, Kobalt co-founding partner, added: “As our company and business operations expand across the nation, our Kobalt team has carried on its strong beginnings by providing excellent service and guidance for our clients to earn our spot as a key player in the industry.”
Kobalt’s acquisition of Creekside Park Village Green is the latest in a series of successful transactions for the firm. Located in a rapidly growing part of The Woodlands, Creekside Park Village Green features a walkable epicenter with abundant shopping, dining and entertainment options, with plans for expansion already underway.
“The acquisition of Creekside Park Village Green is an exciting opportunity for our team as we showcase our ability to fuel continued growth and value among our properties through our tactical leasing and management strategy,” said Ginnie McCorkle, Kobalt partner and CFO.
Kobalt’s team of experts has quickly earned the reputation of creating long-term value and growth for investors, tenants and stakeholders. The company’s multi-tenant division offers leasing and property management services to retail centers to achieve budget and expense control, maintain vendor relationships, manage construction and oversee facility maintenance across major metropolitan and surrounding areas throughout the southwest. Its single-tenant operations provide creative capital for single-tenant sale/leaseback transactions and triple net portfolio acquisitions; lease re-structures and other credit optimization techniques yield enhanced returns for investors, all in alignment with Kobalt’s core mission. For more information on Kobalt, visit kobaltinvestco.com.
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