Twenty Lake has acquired over 40 properties encompassing 1.2 million square feet in six different states and is actively pursuing additional opportunities. Twenty Lake’s advisory business manages 195 properties with 4.1 million square feet.
Newspaper properties are often well built, architecturally significant and well located in town centers. The recent industry turmoil has led companies to revaluate their core business and raise capital for the future. Across the country, newspapers are beginning to sell owned properties creating a significant opportunity to acquire prime property.
Twenty lake’s management team has built a platform, which utilizes centralized brokerage, asset management, lease administration, legal, project management and architectural services to efficiently manage, transact, maximize value and minimize expense. These professionals then find best in class local partners to provide regional market intelligence, lead property tours, facilitate transactions and maximize pricing. The infrastructure has allowed Twenty Lake to reposition and add value to various properties through rezoning, entitlements, leasebacks and re-tenanting.