IRVINE, CA-Tony Thompson, the founder of tenant-in-common pioneer Triple Net Properties and the chairman of Grubb & Ellis after the two firms merged last year, has launched Thompson National Properties LLC to specialize in value-added investments and asset management for high-net-worth domestic, foreign and institutional investors. The new firm plans to acquire commercial properties, real estate loans and operating companies in a variety of geographic markets, generally holding the assets for one to five years.

Thompson, who exited from Grubb & Ellis in February, says that in light of current market conditions, “‘Buy into fear and sell into greed’ has never been more appropriate.” As a survivor of four recessions, he says, he and his team “believe our experience and acquired good judgment provide our investors with a disciplined team” that can deliver results for their clients.

Thompson says that his firm will identify investments via its relationships with real estate brokers, property owners, lenders and investment bankers in key markets. It will focus on adding value through a variety of management, operating and capital strategies.

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