Since 1969, the Capstone Group and its predecessor company, Financial Packaging Companies, have acquired, managed or redeveloped retail and other commercial properties in over 40 states, primarily in secondary and tertiary markets, including:
- over 3 million square feet of RETAIL space,
- approximately 2 million square feet of OFFICE and INDUSTRIAL space,
- as well as MULTIFAMILY AND CONDOMINIUM DEVELOPMENTS.
David Lee joined Financial Packaging Companies in 1987. In 2001, Mr. Lee formed Capstone to recapitalize and purchase the properties of Financial Packaging Companies. Since 2001, Capstone’s investments have generated an IRR of 25% for its investors.