Arden Group
Arden Group, founded in 1989 and headquartered in Philadelphia, PA, operates Arden Logistics Parks and manages a diverse portfolio of real estate assets, including logistics, multifamily, and student housing properties across the U.S.
Company Overview
Arden Group, founded in 1989, operates as a comprehensive real estate investment management firm headquartered at 1600 Market Street, Suite 2600, Philadelphia, PA 19103. With approximately 80 employees across 12 locations nationwide, Arden Group manages a diverse portfolio of assets inclusive of logistics, multifamily, and student housing. As a proactive investor, the firm has managed more than $12 billion in assets and is committed to responsible investing and fostering a culture of diversity and inclusion. Arden Group operates with an investment focus on high-quality commercial real estate assets in top US MSAs and dynamic growth markets.
Services
Arden Group is involved in various sectors of real estate investment and management. The services include operating Arden Logistics Parks, which manages a geographically diverse 10.3 million square feet portfolio of light industrial assets. Arden Group launched its private equity fund management business in 2012, Arden Credit Fund in 2016 for financing solutions, and Arden Digital Ventures in 2022, focusing on investments in property-related technologies. Additionally, their Opportunity Zone Funds, started in 2019, target multifamily and student housing development. The firm also provides debt financing solutions and venture capital for real estate technology companies.
Recent Acquisitions and Expansions
In recent years, Arden Group and its logistics platform, Arden Logistics Parks, have made significant acquisitions and expansions. Notable transactions in 2023 include the acquisition of a three-building, 361,428-square-foot portfolio in Minneapolis, MN, and another three-building, 195,532-square-foot portfolio in West Palm Beach, FL. Also, in 2023, Arden Logistics Parks expanded its portfolio with the Northridge Business Center in Charlotte, NC and celebrated the topping out of a new mixed-use property at 4650 Broadway in Manhattan. These acquisitions align with Arden Group's investment strategy in niche last-mile light industrial and high-growth urban markets.
Sustainability and Social Responsibility
Arden Group emphasizes environmental sustainability and social responsibility in its operations. Their sustainability initiatives include transitioning to LED lighting and enhancing the efficiencies of HVAC systems to improve environmental performance. Socially, Arden Group co-founded the Jon Bon Jovi (JBJ) Soul Foundation, which aims to break the cycle of hunger, poverty, and homelessness. Additionally, the company upholds strong governance policies, conducting consistent due diligence and operating with transparency. Arden Group's commitment spans both environmental stewardship and community impact, reflecting in their diverse and responsible investment approach.
Contact Information
Arden Group is headquartered at 1600 Market Street, Suite 2600, Philadelphia, PA 19103. The company also maintains regional offices in several key locations, including Atlanta, GA; Charlotte, NC; Columbus, OH; Dallas, TX; Houston, TX; Los Angeles, CA; Miami, FL; New York, NY; Newport Beach, CA; and Tampa, FL. The geographical spread of these offices supports Arden Group's extensive portfolio management and investment activities across the United States.