Case Studies
To learn more about the history and details of select assets that Essex Capital has acquired, developed, and redeveloped, please click on the individual case study profiles below.
⌄Huntsville, Alabama, Mixed-use Downtown Development Project
Essex Capital Partners - through a joint venture with AscendAmerica called Rocket Development Partners - is leading a $325-million mixed use development that will transform downtown Huntsville, Alabama. The project, part of the comprehensive downtown master plan, will include residential, retail, office and entertainment uses at the former site of the Coca-Cola Bottling Company at 514 Clinton Street, along with improved pedestrian access, public transit, streetscaping and connectivity with the Von Braun Center
Relevant capabilities:View Full Case Study500 Tenth Avenue
Essex Capital invested in Manhattan's untapped commercial west side, purchasing a sizable industrial building that was largely vacant and underutilized. Following an extensive renovation, an anchor tenant was secured, and the property is now poised to benefit from the area's major development initiatives.
Relevant capabilities:View Full Case Study2 Dag Hammerskjold Plaza
Essex Capital acquired a failing office building located one block from the United Nations campus and repositioned it to benefit from an untapped market niche: foreign nations looking to purchase commercial condominiums to capitalize on tax benefits. The building sold out within one year of Essex Capital's purchase of the property.
Relevant capabilities:View Full Case Study1500 Broadway
Essex Capital helped to revitalize Times Square with its acquisition and reinvention of this 500,000-square-foot tower in the heart of Midtown, eventually selling the building in what was one of the biggest commercial real estate deals in New York City at the time.
Relevant capabilities:View Full Case Study63 Schermerhorn Street
When the new-development market was dominated by luxury condominiums, Essex Capital bucked the trend with a ground-up rental building in the surging borough of Brooklyn, creating a solid performing and profitable asset that was able to weather the real estate downturn.
Relevant capabilities:View Full Case Study636 Eleventh Avenue
Severely affected by the dot-com bust, this 600,000-square-foot commercial building was purchased by Essex Capital from Goldman Sachs' Whitehall Fund based on its vast untapped potential.
Relevant capabilities:View Full Case StudyRockville Town Center
Sensing a growing need for new services in the mass-transit-accessible suburbs of Washington, D.C., Essex Capital successfully acquired and redeveloped the site, resurrecting a struggling downtown neighborhood in the process.
Relevant capabilities:View Full Case Study