Investment Focus
For over 20 years, Klabzuba Properties has been acquiring,
developing and managing multi-tenant office properties
and industrial warehouses in select high-growth markets
focusing on small to mid-sized tenants. They have
a long-term perspective when investing in real estate,
seeking sustainable growth through current income
and appreciation. Klabzuba Properties believes that
a focus on properties containing at least 50,000
square feet, with small average tenant size, is a
niche that has traditionally been underserved by
most office landlords.
As of April 2009, the company owned 12 office and
industrial properties with approximately 818,000 rental
square feet. Most of the holdings are concentrated in
the Dallas-Fort Worth, San Antonio and Houston Metropolitan
areas.
Klabzuba's "partners" have been and will be a key ingredient
to their future success. These partners include tenants, brokers,
lenders and vendors with whom they have developed trust and
lasting relationships. In addition, these partners include
co-ventures with whom Klabzuba has invested in real estate
opportunities. For new office acquisition and development,
Klabzuba seeks partners who share their optimism about the
long-term growth prospects within their target markets and
recognize the strength and quality of it's management team and infrastructure.
Klabzuba Properties is focused on maintaining a
conservative balance sheet. They use debt to enhance
their yield when appropriate but use limited recourse
debt to minimize risk. This financial strength
has provided access to a range of financing options
- both debt and equity - which has allowed them to
pursue long-term objectives regardless of the
prevailing capital market's cycle. In addition, Klabzuba
recycles capital through asset sales, using proceeds
to make opportunistic investments.
New Development Projects
One Hundred Lexington Office Building
Klabzuba Properties has developed a 63,000 square foot commercial office building on the west side of downtown Ft. Worth. The building complex consists of a 4-story Class “A” office building, with attached parking structure, bank and a lushly landscaped park environment. One Hundred Lexington will have floor plates in excess of 16,000 square feet, ample parking and a large number of conveniently located reserved and covered parking spaces.
Opened in October of 2008, the building features 9' highly efficient reflective ceilings with state of the art lighting utilizing electronic ballasts. Modular power, voice and data communications is available. One Hundred Lexington serves as the headquarters of Meridian Bank. Excellent office space are available for prospective tenants.
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