Sentinel, through its Commercial Property Group, has been actively acquiring and managing commercial properties for its investors since 1977. In 1989, Sentinel’s first core-style, institutional commercial separate account was established for a large public retirement system. Sentinel has also received portfolio workout assignments from other large institutional investors, allowing the firm to develop a professional staff experienced in turning around troubled commercial properties. This experience has enabled Sentinel to successfully underwrite value-added opportunities as they have arisen and to enhance the overall yield on its commercial portfolio. In 1998, supplementing its commercial separate account relationships, Sentinel inaugurated a closed-end commercial property fund focusing on leveraged acquisitions of Class “B” CBD office buildings and suburban industrial/flex properties. These property types respond well to the intensive management skills developed and applied by Sentinel’s commercial property specialists.
Since its inception, Sentinel has managed commercial properties with an aggregate value in excess of $3.2 billion. Sentinel has operated throughout the country, with 167 commercial properties in 60 markets in the US and in Germany. Our current commercial property portfolio comprises 32 investment properties in 21 markets across the country as well as Germany, with a total of 8.5 million rentable square feet.