Portfolio

Current investment · Acquired 2020

Northpoint Plaza

Houston, Texas

100%occupancy achieved following repositioning
Northpoint Plaza in Houston, Texas

Comprehensive intervention created a fully leased center

DOM Partners acquired the center at 62% occupancy after years of weak management and deferred maintenance. Vacant suites contained roof damage, mold, broken windows and failed HVAC systems, while overgrowth and drainage issues diminished the property’s appearance and usability.

Ownership executed a comprehensive renovation encompassing roofing, HVAC, suite buildouts, bathrooms, lighting, windows, fencing, security, signage and exterior work. On-site management and a rebuilt tenant experience supported full occupancy and rental performance above the original business plan.

Result

The property reached 100% occupancy following repositioning and remains a well-leased neighborhood center.

Selected outcomes

Execution at the property level.

Physical and operating repositioning

62% → 100%occupancy during repositioning
Building-widesystems and site improvement program
On-sitemanagement established