Joint Venture Acquires 2305 Mission College Blvd. in Santa Clara, CA

Chicago, IL (December 13, 2013) — A joint venture comprised of Kinship Capital and Pearlmark Real Estate Partners announces the acquisition of 2305 Mission College Boulevard in Santa Clara, CA. 2305 Mission College Boulevard is a 358,503 sq. ft. office and R&D campus located just off of Highway 101 in the heart of Silicon Valley and is master leased in its entirety to General Dynamics Advanced Information Systems.

Nick Thomson and Ethan Meers of Kinship Capital and Kevin Hites of Pearlmark Real Estate Partners were the lead executives on the transaction. Kinship Capital and Pearlmark were attracted to 2305 Mission College Boulevard because it is leased to a quality tenant in a great submarket. Mr. Hites stated, “Our partnership is very excited about this investment, given the property’s highly visible location and historical credit tenancy.” Mr. Thomson commented, “We are confident in the tenancy and location, and plan to hold 2305 Mission College Boulevard long-term. Kinship’s unique 30 plus year investment horizon offered us the opportunity to acquire a specialized building on a large piece of land. We are confident that the Santa Clara submarket will continue to strengthen over time as projects such as Levi’s Stadium and other mixed-use developments come online. Kinship and Pearlmark look forward to serving the needs of General Dynamics.”

About Kinship Capital
Kinship Capital draws on decades of experience at the highest levels of real estate investment, development, leasing, and operation. The company manages direct real estate investments for the Searle family, which has owned and operated businesses in the Chicago area for more than 100 years. Kinship Capital provides investors with superior risk-adjusted returns by identifying, acquiring, and adding value to high-quality commercial real estate assets in premier U.S. markets. The company offers significant advantages: a long investment horizon, substantial financial strength, access to preferred financing vehicles, and a team with rapid decision making and due diligence capabilities. For more information, please visit www.kinshipcapital.com.

About Pearlmark Real Estate Partners
Chicago-based Pearlmark Real Estate Partners is a private equity real estate investment firm that pursues domestic, value-added strategies through a series of institutional investment vehicles. Since its inception in 1996, the firm has made more than 500 office, industrial, retail, multifamily, and mezzanine loan investments nationwide, representing a gross investment of over $12 billion. Pearlmark and its partners, including insurance companies, public and private pension funds, foundations and endowments, banks, corporations, and high net worth individuals and families, have committed nearly $4 billion of equity capital to the firm’s investment activities. The company currently employs approximately 40 professionals and is headquartered in Chicago with offices in Denver and New York City. For more information, please visit www.pearlmarkrealestate.com.

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