O’Connor Capital Partners is a privately owned and independent real estate investment, development, and management firm.
Founded in 1983 by Jeremiah W. O’Connor, Jr., the firm has acquired or developed more than $25 billion of property on behalf of various investment funds, institutional clients, and its own account, encompassing all major property types. The firm is based in New York City, with regional offices in Palm Beach and Mexico City.
We strive to provide our institutional investors with access to multiple format retail properties as well as residential development and redevelopment. Within North America, our retail capacity is vertically integrated from acquisition to property management, utilizing our strong relationships and experience to create high performing investment opportunities. Our residential strategy focuses on the Northeast corridor, both urban and inner suburban transit- served locations for multifamily development and redevelopment.
As co-investor with our clients, we view each property as though we are buying it for ourselves. This long-term view is critical to our appreciation of – and equanimity throughout – the cyclicality of markets.
Jeremiah W. O’Connor, Jr. 1942 – 2010
Jeremiah W. O’Connor, Jr. began his career at Lazard Frèrès & Co. where, with their sponsorship, he helped found Corporate Property Investors (“CPI”), one of the first private REITs. As Chief Investment Officer, Jerry helped develop CPI into a leading real estate investment firm with a Class A investment portfolio of retail and office assets. Significant holdings included the General Motors Building in New York, Lenox Square Mall in Atlanta, and Roosevelt Field on Long Island.
Jerry started The O’Connor Group (now known as O’Connor Capital Partners) in 1983 and continued to focus much of his effort in the shopping center industry, investing in and developing many notable properties, among them The Westchester in White Plains, New York and Menlo Park Mall in Edison, New Jersey. From its beginnings as primarily a retail specialist, the firm expanded into the investment advisory and private equity real estate businesses.
Jerry was an early pioneer in the development of the regional mall business. He was a past president of the International Council of Shopping Centers. He enjoyed every detail of development including selecting the art for the properties. In Menlo Park, a sculpture with six children playing over a puddle serves as a memento of Jerry’s most important accomplishment, his children.
Jerry believed that “to whom much is given, much is expected” and as such was a generous supporter of numerous charities, among them: The Papal Foundation, Gregorian University, Catholic Relief Services, Partners in Health, and The Bronxville School Foundation. Jerry also served for many years as Chair of the Investment Committee of The College of the Holy Cross. After a Catholic Relief Services visit to Ethiopia, which moved and inspired him, Jerry devoted philanthropic efforts to building wells throughout that country.
Jerry was a graduate of the College of Holy Cross 1963, Harvard Business School 1967, and served as a Lieutenant (j.g.) in the U.S. Navy.
Since its inception, O’Connor has adhered to a firm set of principles which govern each investment. We believe that consistent investment values are critical to success in the ever-changing and increasingly competitive real estate private equity industry. The foundation of our investment philosophy is a focus on the quality of our investments as the primary driver of investment results.
O’Connor has a long history of successful partnerships and smart investments. The firm’s ongoing ability to leverage opportunity is evidenced by its historical growth and evolution.
1972 – 1983
Corporate Property Investors:
As its Chief Investment Officer at age 28, Jeremiah W. O’Connor, Jr. (founder of O’Connor) helped develop CPI into a leading real estate investment firm with Class A investment portfolio of retail and office assets.
1983 – 2002
The O’Connor Group:
Jerry O’Connor started The O’Connor Group in 1983. From its beginnings as, primarily, a retail specialist, the company expanded into investment advisory and private equity real estate.
O’Connor Realty Advisors:
Also in 1983, Jerry O’Connor started O’Connor Realty Advisors. From its beginnings as primarily a retail specialist, the company expanded into the investment advisory and private equity real estate businesses.
Glendale Galleria, Glendale, CA
525 Market Street, San Francisco, CA
The Retail Group:
TRG focused on the acquisition, development, and redevelopment of market-dominant, high quality retail properties in major metropolitan areas. TRG also provided a complete array of retail-integrated services including property management, leasing development, marketing, and accounting. TRG acquired and developed over ten million square feet of regional mall properties and managed over 30 million square feet of retail space. The main acquisition vehicle for TRG was the Retail Property Trust, one of the first private REITS.
The Westchester, White Plains, NY
Menlo Park, Edison, NJ
O’Connor Capital Incorporated:
OCI focused on principal investing through private equity funds. As a co-GP with JP Morgan, OCI sponsored four funds: Argo Partnership in 1994, Argo Partnership II in 1995, Peabody International Real Estate Partners in 1998, and Peabody Global Real Estate Partners in 1998. Representing over $2.5 billion in equity capital commitments, these funds invested over $5 billion gross in assets in the United States, Mexico, Canada, Europe, Argentina, and Japan.
Bay 2 Shopping Mall, Paris, France
Savoy Court, London, United Kingdom
2002 – Present
O’Connor Capital Partners:
O’Connor continues its principal investing through private equity funds. In 2003, O’Connor sponsored O’Connor North American Properties with $528 million in capital commitments and in 2008, O’Connor North American Property Partners II with $529 million in capital commitments.
We currently provide institutional investors with access to multiple format retail properties and residential development and redevelopment. Within North America, our retail capacity is vertically integrated, utilizing our strong relationships and experience to create high performing investment opportunities. Our residential strategy focuses on the Northeast corridor, both urban and inner-suburban transit-served locations for multifamily development and redevelopment.
O’Connor Property Management:
Launched in 2013, O’Connor Property Management offers institutional owners and investors best-in-class asset and property management services. We seek to maximize value through careful stewardship of physical spaces, by nurturing tenant and vendor relationships, and by maintaining our excellent reputation in the marketplace. These are our guiding principles for asset enrichment and long-lasting partnerships.
The Maximilian, Long Island City, NY
200 E62, New York, NY
The Crosslands Shopping Center, Kissimmee, FL
Esplanade at 150 Worth, Palm Beach, FL
230-240 Royal Palm Way, Palm Beach, FL
The Shops at Canal Place, New Orleans, LA