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Services
Development Services
Saracen is recognized for developing well-conceived projects and has extensive experience in adaptive reuse projects, which have been successfully redeveloped and leased in supply-constrained markets. An interdisciplinary approach combining skill, experience and local knowledge provide the ingredients to successfully plan, permit, design, construct, lease and finance Saracen’s projects of enduring value.
Construction
Saracen offers in-house construction management services as part of an integrated approach to value engineer projects, accelerate design / construction schedules, and to facilitate leasing. With over twenty years of experience and $300 Million in projects, Saracen’s construction management services are integral to Saracen’s consistent on-time, on-budget performance.
Property Management
Saracen currently manages over 2.5 million square feet of commercial and industrial facilities. Rigorous quality and cost controls provide Saracen-managed properties with satisfied tenants and low operating expense bases. Tenant retention programs are implemented in the daily course of managing the property; years prior to tenant lease expirations. Saracen uses the latest and most reliable technology, including Timberline, AMSI and Yardi accounting software for financial reporting.
Asset Management
Thoughtful planning carefully matches an asset’s business plan with its capital plan to yield optimal leasing and value results for ownership. Saracen’s extensive experience as an owner of property provides a well-balanced approach to planning and budgeting for maximum impact of budgeted improvements.
Investment Acquisition Services
As a joint venture partner or on it’s own account Saracen is a successful investor in acquired properties. The firm is recognized for creating value by implementing successful redevelopment and/or lease-up strategies. Saracen also has leading edge capital markets experience and has participated in numerous tax-deferred strategies with multiple properties including a portfolio “roll-up” and a reverse merger.
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News & Announcements |
Saracen Acquires i-Park, Waltham, MA |
Saracen Properties announces that it has acquired the former I-Park Office Park in Waltham, MA, in partnership with Trammell Crow Company for $37,500,000.
The property will undergo a $35,000,000 redevelopment and repositioning campaign.
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One Washington Mall purchased by Saracen Properties |
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Saracen Properties announces that it has acquired One Washington Mall, Boston, MA, in partnership with AEW Capital Management, LP.
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Travis Powell Joins Saracen Properties |
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Saracen Properties announces that Travis B. Powell has joined the firm as Principal-Acquisitions. He will oversee on a day to day basis the company’s project acquisition activity for both ground up project developments and redevelopment/repositioning oppo
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