Firm News and Updates

 Updates and announcements related to Ascentris, including firm developments, investment activity, and other relevant information.

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January 29, 2021

Keep 'em Separated

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December 30, 2020

Ascentris and Cypress Acquire Class A Office Tower in Tempe, Arizona

Ascentris and Cypress Office Properties acquired 777 Tower at Novus, a 161,000-sq-ft Class A office building in Tempe, Arizona.

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December 9, 2020

Jacque Vedra, CFO, Named Ascentris’ Newest Partner

Ascentris named Chief Financial Officer Jacque Vedra as partner, adding her to the firm’s executive management team.

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November 19, 2020

The Connection - Fall 2020

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September 2, 2020

Ascentris and Optima Expand Relationship to Develop Luxury Multifamily Property Located in Chicago, Illinois

Ascentris partnered with Optima to develop Optima Lakeview, a 198-unit luxury multifamily project with retail in Chicago’s Lakeview neighborhood.

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August 30, 2020

The Cascades Executes Long-Term 20,000 Square Foot Lease Bringing the Property to 69% Leased

Ascentris and Cypress Office Properties signed NB Private Capital to a 20,000-sq-ft lease at The Cascades office campus in Aliso Viejo, California.

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August 6, 2020

Ascentris Receives $300M Commitment Targeting the U.S. Value-Add Property Markets

Ascentris received an additional $300 million commitment from the Oregon Public Employees Retirement Fund, expanding their partnership to roughly $700 million.

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March 23, 2020

Ascentris/Cypress Joint Venture Acquires Class A Office Campus in Aliso Viejo, California

Ascentris and Cypress Office Properties acquired Summit V, a 253,000-sq-ft Class A office campus in Aliso Viejo, California.

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March 20, 2020

Hensel Phelps Breaks Ground on 21-story “Small Unit” Apartment Development in Roosevelt Row Arts District

Construction began on Derby Roosevelt Row, a 222-unit small-unit apartment tower in Phoenix’s Roosevelt Row Arts District developed by Ascentris.

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