Apex, 600-602 Office Center Drive, Fort Washington, PA Apex, 600-602 Office Center Drive, Fort Washington, PA

KING OF PRUSSIA, PA—With two successful suburban office repositionings behind them and one more in the pipeline, Steve Gleason, president of Kairos Real Estate Partners says the firm remains optimistic that its value-add strategy of redeveloping older office properties is the right one moving into 2017.

“We're still big believers in well-located properties, and buying them at a basis that will allow us to create great amenities and still offer them at a discount to other properties in the market,” he says. “We're still bullish on the market. We're not just looking in the suburbs, but we are looking at some opportunities in the CBD of Philadelphia and other markets. Philadelphia is no longer a well-kept secret. A lot of investors from outside of the market have discovered Philadelphia and have invested significantly in this market, and we think that's a trend that's going to continue.”

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Steve Lubetkin

Steve Lubetkin is the New Jersey and Philadelphia editor for GlobeSt.com. He is currently filling in covering Chicago and Midwest markets until a new permanent editor is named. He previously filled in covering Atlanta. Steve’s journalism background includes print and broadcast reporting for NJ news organizations. His audio and video work for GlobeSt.com has been honored by the Garden State Journalists Association, and he has also been recognized for video by the New Jersey Chapter of the Society of Professional Journalists. He has produced audio podcasts on CRE topics for the NAR Commercial Division and the CCIM Institute. Steve has also served (from August 2017 to March 2018) as national broadcast news correspondent for CEOReport.com, a news website focused on practical advice for senior executives in small- and medium-sized companies. Steve also reports on-camera and covers conferences for NJSpotlight.com, a public policy news coverage website focused on New Jersey government and industry; and for clients of StateBroadcastNews.com, a division of The Lubetkin Media Companies LLC. Steve has been the computer columnist for the Jewish Community Voice of Southern New Jersey, since 1996. Steve is co-author, with Toronto-based podcasting pioneer Donna Papacosta, of the book, The Business of Podcasting: How to Take Your Podcasting Passion from the Personal to the Professional. You can email Steve at [email protected].