Region: San Francisco
Date of Initial Investment: 2011
Business Description: Formed in 2011 to pursue distressed office/retail and redevelopment assets in gateway cities on the West Coast of the US, primarily San Francisco and Los Angeles. VPI targets assets that can be repositioned to accommodate the growing segment of new media and technology tenants seeking creative office space. Since inception, VPI has acquired two office re-development projects in California totaling 600,000 square feet.