Pinkard Group: Why We Like Off-Market Deals

BETHESDA, MD-"We don't the pricing that comes out of beauty contests."

By Erika Morphy | Updated on February 19, 2014

BETHESDA, MD-Last week The Pinkard Group popped up on local industry’s radar with the acquisition of Lakeside III @ Loudoun Tech Center from a special servicer. The Pinkard Group partnered with Buchanan Partners of Gaithersburg, MD and AEW Capital Management to buy the 101,787-square-foot building, one of three on the 30-acre campus.

GlobeSt.com caught up with two of the firm’s principals after transaction was announced to get their take on this asset in particular and their investment approach to DC area real estate in general. Lakeside III was an off-market deal, and as the executives–Bob Pinkard, principal and founder of The Pinkard Group, and Peter Kleeblatt, principal responsible for leading the investment origination–quickly made clear, off-market deals are their specialty.

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