Cypress Office Properties
- Company typePrivate
- Founded2009
- HeadquartersSan Diego, United States
- Headcount1–10
- GTM typeB2B
- OfferingServices
What Cypress Office Properties does
Cypress Office Properties, LLC is a San Diego-headquartered, privately held commercial real estate investment and operating company founded in 2009. The firm specializes in acquiring, repositioning, renovating, and disposing of value-add, core plus, and redevelopment office, R&D, flex, life science, and medical office properties across three Southwest U.S. markets: Southern California, Denver, and Phoenix. Its documented portfolio comprises 33 distinct assets, including marquee holdings such as Renaissance Square (985,000 SF in Downtown Phoenix), Raintree Corporate Center (357,500 SF in North Scottsdale), and Apex at 385 Interlocken (300,000 SF in Broomfield, CO), alongside a steady cadence of realizations including 3 Hutton Centre (Nov 2023) and Scripps Plaza (Dec 2024).
Cypress operates as a sponsor/operating partner, structuring joint venture relationships with institutional capital partners that pursue value-add and core plus investments at a $40 million minimum deal size. The company generates revenue through two primary streams: asset management fees on JV-owned properties under its operational oversight, and returns from the acquisition, repositioning, and eventual sale of owned/co-owned assets. Asset managers execute day-to-day property operations with direct oversight from Cypress principals, and the firm leverages local market relationships in its three target metros to source off-market and competitive deals.
The company is structured as a California LLC with a lean 1–10 employee footprint based at 10089 Willow Creek Road, Suite 200, San Diego. Distribution and origination occur through direct institutional relationships rather than through traditional sales channels, with the corporate website serving primarily as a portfolio showcase for inbound LP inquiries. There are no disclosed technology products, AI capabilities, patents, or formal partnerships and alliances; competitive positioning rests on operational reputation built over 14+ years across the Southwest U.S.
Cypress Office Properties firmographics
Firmographics- Name
- Cypress Office Properties
- Legal name
- Cypress Office Properties, LLC
- Website
- https://cypressoffice.com
- Company type
- Private
- Founded year
- 2009
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Ownership category
- akta.pro rank
Cypress Office Properties industry classification
Industry- Product category
- Commercial Real Estate Investment
- NAICS
- Other Activities Related to Real Estate (531390), Corporate, Subsidiary, and Regional Managing Offices (551114)
- SIC
- Real Estate Agents & Managers (For Others) (6531), Operators Of Nonresidential Buildings (6512), Real Estate Dealers (For Their Own Account) (6532)
- akta.pro primary industry
- Office Real Estate Asset Management (BPAJAMAG)
- akta.pro secondary industries
- Healthcare & Medical Office Property Management (BPAJAGAF), Office Property Management (BPAJAGAA)
Keywords
Where Cypress Office Properties is headquartered
LocationHeadquarters
- HQ city
- San Diego
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
Cypress Office Properties business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Operations, Personnel, Marketing or Sales, Infrastructure
Revenue model
- Asset Management Fees: Revenue generated through asset management services provided to joint venture capital partners. Asset managers execute day-to-day operations with oversight from Cypress principals.
- Property Investment Returns: Returns generated through acquisition, renovation, repositioning, and sale of value-add and core plus office properties in target Southwest U.S. markets.
Go-to-market motion1 record
Distribution channels1 record
Marketing channels1 record
Cypress Office Properties product offering
Product offeringCore offering
Cypress Office Properties is a San Diego-based real estate investment and operating company that acquires, repositions, and manages value-add, core plus, and redevelopment office, life science, and medical office properties across the Southwest United States. The company operates as a sponsor/operating partner, forming joint ventures with institutional capital partners to identify and execute asset-specific investment strategies in Southern California, Denver, and Phoenix markets, with a minimum deal size of $40 million.
Product overview
Cypress Office Properties is a San Diego-based real estate investment and operating company that manages a portfolio of commercial office, life science, and medical office properties across the Southwest United States. The company's primary markets include Southern California, Denver, and Phoenix. The portfolio consists of 33 distinct commercial properties totaling millions of square feet of office space. Cypress specializes in value-add, core plus, and redevelopment investments, with typical property profiles including office, R&D, flex, life science, and medical office product types. The company seeks joint venture relationships with capital partners pursuing value-add and core plus investments with a minimum deal size of $40 million.
Differentiator
Problem solved
Functional benefit
Products and services
- Value-Add and Core Plus Real Estate Investment Services
- Asset Management Services
Companies that use Cypress Office Properties
Customer profileSegments1 record
Ideal customer profiles1 record
Cypress Office Properties technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Cypress Office Properties partnerships and signals
Strategic signalScale indicators2 records
Recent moves6 records
Expansion highlights3 records
Cypress Office Properties competitors and assessment
Company assessmentDirect peers
- Vestar: Vestar is a Phoenix-based private commercial real estate investment, management, and development firm operating primarily in the Western US. It is comparable to Cypress as a privately held sponsor that acquires, repositions, and manages commercial properties with institutional capital partners in overlapping Southwest geographies.
- Mark IV Capital: Mark IV Capital is a Newport Beach-based privately held real estate investment and operating company focused on office, industrial, and mixed-use assets in the Western US. It parallels Cypress as a boutique operating-partner sponsor pursuing value-add and core-plus commercial investments on behalf of institutional capital.
- Bixby Land Company: Bixby Land Company is a Newport Beach-based privately held real estate investment and management firm focused on industrial and office assets in the Western US. It is comparable to Cypress as a regional operating-partner sponsor executing value-add commercial real estate strategies with institutional capital partners.
- Westcore Properties: Westcore Properties is a San Diego-headquartered privately held commercial real estate investment and operating firm active across the Western US. It mirrors Cypress's model as a Southern California-based sponsor acquiring and managing commercial assets with institutional JV capital.
- Menlo Group: Menlo Group is a Phoenix-based commercial real estate investment, brokerage, and management firm operating across the Southwest. It is comparable to Cypress as a private operator active in the same Phoenix and broader Southwest markets with overlapping commercial real estate investment and management activities.
Broad incumbents
- Crow Holdings Capital: Crow Holdings Capital is a Dallas-based large-scale real estate investment manager with multiple value-add and core-plus funds across office, industrial, multifamily, and specialty assets. It is comparable to Cypress as a sponsor pursuing value-add commercial real estate strategies with institutional capital, though at substantially greater AUM and broader geographic scope.
- PCCP, LLC: PCCP is a Los Angeles-based real estate investment manager focused on middle-market value-add commercial real estate debt and equity. It is comparable to Cypress as an institutional capital partner-style sponsor executing value-add strategies on US commercial real estate, though at materially larger scale and with debt capabilities Cypress does not offer.
- GreenOak Real Estate (Bentall Kennedy): GreenOak Real Estate (now part of Bentall Kennedy, a Sun Life Investment Management business) is a global real estate investment manager with value-add and opportunistic strategies across office, logistics, and residential. It is comparable to Cypress as a value-add sponsor operating with institutional capital, though at substantially larger AUM and with global reach.
Emerging players
- BKM Capital Partners: BKM Capital Partners is an Irvine-based privately held sponsor focused on value-add multi-tenant industrial properties across the Western US. It is comparable to Cypress as a regional operating-partner sponsor applying repositioning strategies to commercial product types with institutional JV capital, though focused on industrial rather than office.
- National Asset Services: National Asset Services is a Los Angeles-based real estate investment and asset management firm specializing in acquiring and managing commercial properties for institutional and high-net-worth investors. It is comparable to Cypress as a private operating partner providing asset management services for institutional capital on commercial real estate portfolios in the Western US.
Market position
Strengths4 records
Weaknesses5 records
Competitive moat3 records
Key risks6 records
Key highlights6 records
Customer concentration
Cypress Office Properties financial estimates
Financial estimateRevenue estimate
Valuation estimate
Cypress Office Properties leadership team
Management profileNumber of profiles
Cypress Office Properties funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Cypress Office Properties M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Cypress Office Properties
What does Cypress Office Properties do?
Cypress Office Properties is a San Diego-based real estate investment and operating company that acquires, repositions, and manages value-add, core plus, and redevelopment office, life science, and medical office properties across the Southwest United States. The company operates as a sponsor/operating partner, forming joint ventures with institutional capital partners to identify and execute asset-specific investment strategies in Southern California, Denver, and Phoenix markets, with a minimum deal size of $40 million.
Is Cypress Office Properties a public or private company?
Cypress Office Properties is a private company. It is classified as unknown and is currently operating.
When was Cypress Office Properties founded?
Cypress Office Properties was founded in 2009. It employs 1 to 10 people.
Where is Cypress Office Properties based?
Cypress Office Properties is headquartered in San Diego, United States, in the North America region.
How does Cypress Office Properties make money?
Two revenue lines are on record. Asset Management Fees are the primary driver. The others are property Investment Returns.
Who are Cypress Office Properties's main competitors?
Direct peers on record are Vestar, Mark IV Capital, Bixby Land Company, Westcore Properties and Menlo Group. Broad incumbents are Crow Holdings Capital, PCCP, LLC and GreenOak Real Estate (Bentall Kennedy). Emerging players are BKM Capital Partners and National Asset Services.
Does Cypress Office Properties have an API?
No public API is recorded for Cypress Office Properties.
What industry is Cypress Office Properties in?
Cypress Office Properties's product category is Commercial Real Estate Investment. Its primary akta.pro industry code is BPAJAMAG, Office Real Estate Asset Management, with a secondary code of BPAJAGAF, Healthcare & Medical Office Property Management. Its NAICS code is 531390 and its SIC code is 6531.