Who We Are
Apricus Realty Capital is a boutique commercial real estate investment firm focused on institutional quality properties in the major Texas markets – Dallas/Fort Worth, Austin, and Houston.
We bring deep experience and extensive local knowledge to the table. The Apricus Team has a broad array of talent and skills, combined with significant investment and operating expertise.
Apricus is affiliated with the operating platform of Dallas-based Younger Partners. The Younger Partners relationship allows Apricus to provide operating and leasing expertise and market knowledge that few can deliver.
Principals have executed over $9 billion in investment transactions
Principals have completed over 3,100 leases
Principals average over 30 years of experience investing, managing and operating real estate portfolios
What We Do
Investment strategies clearly defined
Risks thoroughly analyzed
Decisions driven by factual evidence and objective analysis
Vertical Integration
Investment Criteria
Asset Type
Office – Class A
Retail – grocery-anchored and community center
Industrial – Industrial outdoor storage (IOS) and small cap in-fill
Risk Level
Core-plus, value-add, and opportunistic
Investment Size
Office-$80 to $120 million gross
Retail-$10 to $75 million gross
Industrial-$2 to $15 million gross
Portfolio
Success Stories
Principals experience at non-Apricus properties.
Republic Center, Dallas
During the first ten months of the assignment, the team accomplished the following:
- Completed deals totaling 112,000 RSF.
- Created the highest leasing velocity of any Dallas CBD office building.
- Decreased operating expenses approximately $1.0 million through competitive bidding and operating efficiencies.
The AIA deal at Republic Center was awarded the 2017 Deal of the Year for Neighborhood Impact by Dallas Business Journal.
Two American Center, Tyler, Texas
The team worked for (time period?) on the project, accomplishing the following:
- Replaced antiquated pneumatic controls with state-of-the-art digital controls and building automation.
- Conversion resulted in significant operating savings and value enhancement of 4X on initial investment.
- Going “green” reduced energy consumption by 35%.
O’Hare Industrial Portfolio
- 955,000 SF industrial portfolio in Elk Grove Village, Illinois
- Infill industrial portfolio performing below market due to inattentive and capital-constrained ownership.
- Over 15 months, completed 215,000 SF of new and renewal leasing. Occupancy increased from 75% to 89%
3/4 Park Central, Dallas
Because of the efforts of the team, the following was accomplished:
- Occupancy was increased from 29% to 88% within 18 months of takeover
- Raised the effective rental rates by 25% during the same time frame
- Resulted in becoming the submarket leader in activity and showings
200 S. Wacker, Chicago, Illinois
- 750,000 SF, Class A office property located in the Chicago CBD
- Recapitalization of a distressed Class A building on Wacker Drive, Chicago’s preeminent office location. Opportunity to re-establish the property through renovations, complete tenant allowance packages, and a new marketing team.
- Completed renovations and executed over 200,000 SF of leasing with rental rates ahead of pro-forma.
