1995Flagler Investment Property Group, originally doing business as PIX, was founded in 1995 as a real estate investment advisory boutique firm to assist US Institutional Investors with their investments in Latin America. PIX was headquartered in Miami and had offices in Argentina, Chile, Colombia, Venezuela and Peru; and representations in Brazil, and Mexico.
1998In 1998, we formed LARA (Latin America Realty Advisors), a 50/50 joint venture with Lend Lease to expand our pool of clients and investment capabilities throughout the region and became the leading regional real estate investment manager with over 1 Billion dollars under management.
2001In January 2001, the French real estate group ATIS REAL, owned and controlled by the French Financial Institution BNP-Paribas, acquired 80% of our Group.
2003Benefiting from challenging market and economic conditions, our Management Team took control of the Company through a Management Buy-Out in 2003 and changed the company name to Flagler Investment Property Group. This same year, Flagler Investment Capital, the Group's private equity firm, was launched.
2004Flagler Investment Property Group acquires its first core downtown asset. The One Flagler Office Building (formerly known as the Israel Discount Bank Building) a 12-story, 150,000 square feet building located in the heart of Downtown Miami, was designed by world renowned architect, Morris Lapidus.
2005Flagler Investment Property Group acquires its first technology related asset. The state-of-the-art Cat 5, 50,000 sqf. data center, was acquired from Williams Communication and sold a few years later to CRG West/CORESITE, a division of the Carlyle Group.
2006Flagler Investment Property Group acquires its first multi-building/land office portfolio from Capital Partners. The buildings and development sites are located in Northern Florida.
2007Flagler Investment Property Group acquires its first downtown core asset outside the State of Florida. The 140,000 sqf. office building is located in Downtown Atlanta.
2008Flagler Investment Property Group acquires its first retail property strategicaly located on Biscayne Boulevard in Aventura, Florida.
2009In 2009, Flagler Investment Property Group incorporates Flagler Investment Europe with offices in Paris. The European subsidiary is set up to source investments for US and European-based investors, and acquire, manage and advise clients on acquisitions and asset management in Europe.
Flagler Investment Property Group in joint venture with Investcorp, acquires Bethesda Health City, its first healthcare related asset. The 133,475 sqf medical mall, anchored by Bethesda Health Sytem, is located on a 40-acre tract of land in Palm Beach County, Florida.