Founded in 1986, CP Group is a vertically integrated commercial real estate firm and value-add investor with deep market knowledge across the Sunbelt. The firm has acquired, repositioned, and operated over 170 office and mixed-use properties, totaling more than 64 million square feet and valued at over $8 billion. The firm applies its market expertise and integrated operations to deliver experience-driven environments that support tenant retention and maximize asset value. CP Group maintains offices in Atlanta, Boca Raton, Dallas, Denver, Jacksonville, Miami, and Washington, D.C.
Gross Assets Acquired
Acquisitions
SF Owned/Managed
Gross Assets Acquired
Acquisitions
SF Owned/Managed
Experienced & Disciplined
Senior leadership has an average of 20 years’ experience working together.
Superior, local knowledge provides flexibility for vertical integration.
A balanced asset- and market-driven approach to maximize returns.
SUPERIOR PERFORMANCE
We acquire well-located, underperforming properties in markets characterized by long-term secular growth trends with proven institutional investor interest. We leverage our best-in-class local operating platform to identify these assets, “fix” them and then sell them to investors seeking high-quality, stabilized investments.
Since 2000, employing this strategy has allowed us to generate an average IRR of 20% and 2.2x equity multiple.
Years
Properties
Square Feet
Vision
PREV
NEXT
2021
Crocker Partners rebrands as CP Group to represent a new era of the firm, encompassing the roles of each member of the organization and investing further in our target markets.
2020
Managing Partner Angelo Bianco and Partner Christopher Eachus buy out remaining principals to take dual ownership of the firm
2019
Crocker Partners invests nearly $200 million to expand their Atlanta portfolio to over three million square feet under management
2018
Crocker Partners acquires and recapitalizes nearly $1 billion of value-add real estate, bringing the portfolio to over 11 million SF and becoming the 39th largest office owner in the US
2017
Angelo Bianco appointed as Managing Partner of Crocker Partners, Tom Crocker takes on a senior advisory role
2014 - 2017
CP IV invests $807 million in nine value-add assets, becoming the largest office landlord in Florida
2011 - 2013
Taking advantage of distressed market conditions, CP IV deploys over $918 million of equity in 11 assets located in its target markets, totaling 5 million SF
2008 - 2010
Preserving capital through the Great Recession, CP IV invests only $1.7 million and focuses on optimizing cash flow through best-in-class asset management
PREV
NEXT
2007
Crocker Partners IV (CP IV), a $212 million discretionary, co-mingled fund among institutional investment partners is launched
2005
CRT III is sold for $1.8 billion, generating a Net IRR of 20.7% and a Multiple of 2.8x. Combined, Crocker’s three previous investment vehicles average an IRR of 29.1%
2000 - 2005
CRT III invests $722 million of capital in 11 office acquisitions totaling 4.8 million SF in Florida, Georgia, Texas and Maryland
2000
CRT II makes a significant investment into Koger Equity, a 26 million SF NYSE REIT, to take over management and rebrands the company to CRT Properties, Inc. (CRT III)
1996 - 2003
A joint venture with Apollo is created to form Crocker Realty Trust, Inc. (CRT II) and subsequently invests over $450 million of capital in 43 office assets totaling 6.2 million SF across the Southeast
PREV
1996
CRT I portfolio is sold $562 million, generating a Net IRR of 45.2% and a Multiple of 1.5x
1993
Crocker Realty Trust, Inc. (CRT I), the first publicly-traded, blind pool REIT in the U.S., is founded
1986
Crocker & Company is founded to develop high-end mixed-use properties in Palm Beach County, including Mizner Park and Office Depot headquarters
CP Group Target Markets
Led by Angelo Bianco and Chris Eachus, CP Group leverages its extensive experience and relationships in its Target Markets, which consist of high-growth metropolitan markets located in the “Smile States”.
Diversity and Inclusion at CP Group
Diversity is our heritage. Inclusivity is our commitment.
- We are committed to being an organization where all employees feel they belong and bring their authentic selves to work each day.
- We value a diverse and inclusive workforce and aim to serve a diverse customer base.
- We celebrate diversity and inclusion in the workplace and listen and engage with our communities.
- We strive to foster an environment where CP Group employees, investment partners, tenants, and suppliers feel comfortable expressing different ideas, opinions, and
worldviews. - We believe that all individuals should receive the highest level of respect without regard to race, color, religion, national origin, gender, sexual orientation, age, or
disability. - We stand in solidarity against racism and advocate for diversity, equity, and inclusion in all CP Group activities and communities.
- We commit to establishing a Diversity and Inclusion strategy to increase the diversity of ideas, employee training, and opportunities that ensure all employees and
customers feel that they belong.
As part of our Diversity & Inclusion plan, CP Group Partners Angelo Bianco and Chris Eachus signed the CEO Action for Diversity & Inclusion™️ pledge, the largest CEO-driven business commitment to advance diversity and inclusion in the workplace.
