Penzance
Washington, DC 51–200 employees 24 principals
Last updated
About Penzance
Penzance is a real estate operator headquartered in Washington, DC. Penzance operates in Washington DC. Its investment focus is on Condominiums, Data Centers and Industrial.
Penzance was founded in 1996 and operates as a fully integrated real estate investment, development, and management firm. Since inception, it has managed over US $4.4 billion in gross asset value via partnerships, separate accounts, joint ventures, and its proprietary discretionary funds (Fund I and Fund II). Its investment strategy targets value‑add acquisitions and development across multifamily, industrial, data center, mixed‑use, and other commercial assets in the Mid‑Atlantic region. Penzance has developed more than 6 million square feet of ground‑up projects. Fund I closed with US $255 million in equity in 2018; Fund II closed with US $345.5 million in 2021.
Principals at Penzance
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