Penzance has been synonymous with performance for 16 years. Founded in 1997 by principals Julia Springer and Victor K. Tolkan, Penzance focuses on investment-grade real estate opportunities in the Washington, DC metro area. Since inception, we have negotiated and acquired investments valued at $1.2 billion. Known for our agility and tenacious problem-solving, Penzance has a proven ability to enhance value—realized transactions have generated an Internal Rate of Return (IRR) of more than 29.2%.
In addition to achieving strong performance for our investors, Penzance customer service—to tenants, as well as partners and investors—surpasses expectations. We listen carefully to the needs and interests of our tenants and develop a plan of action to meet them. Our culture of customer service enables us to outperform the competition.