Vanderbilt Office Properties Detailed Report

Company Overview

Vanderbilt Office Properties (VOP) is a privately held and vertically integrated real estate investment manager, specializing in office investment, management, and development services. Established in 2014, VOP strategically targets opportunities in high-growth markets across the United States. The company boasts a robust portfolio, having invested approximately $5.3 billion to acquire and develop over 100 buildings through 35 transactions. Headquartered in Chicago, IL, VOP employs around 125 professionals and manages 15.8 million square feet of property.

Leadership Team

VOP's leadership team plays a crucial role in steering the company towards success, combining extensive industry experience and strategic vision.

• Casey Wold, CEO and Managing Partner: With over 35 years of real estate experience, Wold's leadership has been pivotal to VOP's capital appreciation and management efficiency.

• Bob Gillespie, Partner: Holds a Bachelor of Science degree in Marketing from Miami University of Ohio. He can be contacted at [bgillespie@vanderbiltop.com](mailto:bgillespie@vanderbiltop.com) or via phone at (312) 994-0871.

• John Dempsey, Co-Founder and Principal: Oversees VOP's daily operations and performance measurements. An alumni of John Carroll University, reachable at [jdempsey@vanderbiltop.com](mailto:jdempsey@vanderbiltop.com) or (312) 239-1899.

• Brett Nelson, Partner: Specializing in commercial real estate acquisitions and asset management. Holds a degree from the University of Wisconsin-Madison.

• Chuck Gillum, Partner: Possesses over 30 years of experience in real estate investment and property management.

• Danny Levi, Vice President: Yale University graduate with over nine years of industry experience.

• Mark Rhea, Senior Vice President - Head of Property Management: Manages property management personnel across 11 U.S. markets.

Financial Data and Growth Strategy

VOP's growth strategy is centered around investing in high-growth markets that offer attractive yields and significant capital appreciation. The firm prioritizes robust real estate investment and efficient management services to ensure exceptional returns on investments.

Contact Information

• Headquarters Address:

625 W Adams St, Suite 1715,
Chicago, IL 60661

• Email: [info@vanderbiltop.com](mailto:info@vanderbiltop.com)

• Phone: (312) 994-1868

Notable Transactions

A recent notable transaction by VOP includes securing a $96 million loan to refinance an office building in Downtown West Palm Beach, Florida. This is part of the firm's strategic approach to portfolio enhancement by leveraging strategic financial instruments and partnerships.

Key Competencies

VOP offers a comprehensive range of real estate services, highlighting investment management, property development, and value-driven property management. The firm's capability to efficiently handle a widespread portfolio underscores its leading position in the competitive U.S. real estate sector.

Competitor Analysis

Primary Competitors:

• Emerald Real Estate Partners

• Headquarters: San Diego, CA

• Focus: Value-add and opportunistic real estate opportunities in Southern California.

• Founded: 2023, leveraging 20 years of team experience in investment opportunities across industrial, office, and land development.

• DH Realty Partners

• Headquarters: San Antonio, TX

• Focus: Comprehensive real estate services, including brokerage and property management.

• Established: 1965, known for market expertise and data-driven approaches to property value enhancement.

• Free Market Ventures

• Headquarters: Chicago, IL

• Focus: Commercial real estate with expertise in brokerage and management, established in 2012. Known for an entrepreneurial approach across various real estate disciplines.

• Berkshire Hathaway HomeServices

• Global Presence: Over 50,000 professionals across 1,600 offices worldwide.

• Focus: Extensive residential real estate sales, leveraging the trust and longevity of the Berkshire Hathaway brand.

• CBRE Group, Inc.

• Global Presence: The world's largest commercial real estate services and investment firm.

• Focus: Comprehensive real estate services, including leasing and investment management across 100+ countries.

• Workforce: Over 10,000 employees, with insights and strategies aimed at sustainable growth.

Competitive Positioning

VOP maintains a competitive edge through its integrated investment model, fostering portfolio growth and diversification in high-growth markets. While giants like CBRE and Berkshire Hathaway challenge VOP's market presence, niche competitors like Emerald Real Estate Partners present both challenges and opportunities, pushing VOP to refine its market penetration strategies.