TriPost Capital Partners Bolsters South Duvall’s Life Science Real Estate Growth with Strategic Investment
December 19, 2023
TriPost’s investment is a testament to the growing significance of the scientific real estate asset class and the specialized expertise required for its development and operation. South Duvall, with its nearly three decades of experience in life science real estate, is poised to leverage this partnership to expand into a nationwide developer, owner, and operator of scientific real estate.
Matt Brown, Senior Vice President at South Duvall, expressed confidence in the collaboration, stating, “TriPost Capital Partners is the right group for us to partner with to grow our platform into a nationwide developer, owner, and operator of scientific real estate. We look forward to collaborating and applying our complementary skill sets to enhance and scale South Duvall’s activities.”
Evan Cohen, Managing Director for TriPost Capital Partners, highlighted the strategic alignment, stating, “We are excited to partner with South Duvall, a leader in the life-sciences real estate industry. We believe in their management team’s ability to capitalize on the sector’s secular tailwinds and look forward to a lasting partnership.”
TriPost’s recognition of the vital role scientific real estate plays in economic growth and scientific advancements is reflected in their commitment to the sector. The partnership aims to combine TriPost’s growth capital investments with South Duvall’s vertically integrated team of investment and operational experts.
This investment comes as South Duvall plans to utilize co-investment capital from TriPost to acquire and develop more than $1 billion in scientific real estate assets. The infusion of capital is expected to further solidify South Duvall’s presence and influence in the life sciences real estate industry.
About TriPost Capital Partners: TriPost Capital Partners, LLC (“TriPost”) is a New York-based real estate private equity firm focused on acquiring strategic investment stakes in real estate operating and development companies. TriPost aims to enhance partners’ investment management capabilities through strategic growth capital investments and initiatives. With twelve Operating Company transactions to date, TriPost has employed a stand-alone joint venture structure or discretionary fund alongside family offices and institutional capital investors.
About South Duvall: South Duvall is a value-add life science real estate investor with nearly 30 years of active involvement in life science real estate across the United States, focusing on the greater Mid-Atlantic region. Headquartered in Rockville, Maryland, the South Duvall team has developed over 750,000 square feet of life science real estate and consulted on the development of an additional two million square feet. For more information, visit www.southduvall.com.
SOURCE: South Duvall, Inc
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