Operating Track Record
MCC’s asset/property management business philosophy is to set clear objectives for each team and empower those teams to execute the plan to the highest level of tenant satisfaction consistent with the financial goals of the investment. MCC’s principals remain personally involved and accessible to the managers, staff and tenants. The firm has managed over 13.1 million square feet of institutional-quality office, biotech/life science, medical office and mixed-use space.
MCC has a seasoned team of entrepreneurial leasing directors that report directly to its principals. The firm is highly responsive to tenants and brokers and utilizes proprietary market information to achieve the highest net economics on lease transactions under all types of market conditions. To date, MCC has completed over 5.3 million square feet of leases valued in excess of $1.8 billion.
Typically, MCC is responsible for arranging financing for its joint venture partnerships. MCC has structured and closed a variety of debt financings including acquisition loans, term loans and construction financing with a variety of lenders including, Helaba Bank, HypoBank, Lehman Brothers, Manufacturers Bank, MetLife, Principal Life Insurance Co., SunAmerica, Wells Fargo, Bear Stearns, Merrill Lynch, JP Morgan and Credit Suisse First Boston.
MCC has successfully developed land infrastructure, office, retail, health club and parking facilities and continues to evaluate development opportunities in its target markets. To date, MCC has completed 600,000 square feet of development and currently has a development pipeline consisting of roughly 1.9 million square feet.