About

Shelbourne

Shelbourne is a New York based company that owns and manages over eight million square feet of commercial real estate, totaling over a billion dollars’ worth of assets. Shelbourne’s strategy and approach has been to obtain private equity investors to primarily acquire Class A office buildings that are opportunistic and high-yielding in secondary and tertiary markets.
Through leveraging its extensive partner network and over 100 years of cumulative experience and expertise in public and private equity markets, Shelbourne has been able to source, structure and finance transactions to achieve superior, risk-adjusted returns for its investors.
8 million square feet of class a office space
8
million
square feet
of class a
office space
$1 billion worth of assets
$1
billion
worth of
assets
$350 million invested equity
$350
million
invested
equity

Our Strategy

UNDERWRITING / ACQUISITION

Shelbourne’s strategy for its Commercial Real Estate acquisitions is to provide a cash on cash yield to investors and partners. By purchasing properties and holding them for 7 – 10 years, while reinvesting in the buildings’ common areas, amenities, services, and quality of maintenance, Shelbourne is better able to renew current tenants’ leases, as well as to attract new tenants.

SCALABILITY

Shelbourne’s platform is robust and can accommodate multiple large acquisitions in new markets and smaller, “bolt-on” acquisitions in established markets. Shelbourne Diversified, which handles property management can be easily scaled to accommodate the acquisition of any new property. Shelbourne completed 1.5+ million SF of acquisitions in 2017, 423,000 SF in 2018 and 1.5+ million SF in 2019.

ACCESS TO DEALS

Shelbourne has established relationships with numerous sales brokers in various markets, and with other market participants who have access to off-market deals.

GROWTH ENGINES

Shelbourne has branched into mixed-use multifamily acquisition and redevelopment in Hartford, CT, where the company has a commanding presence in the Class A office market. This is part of a comprehensive live, work, play strategy to maintain strong occupancy in the company’s office buildings, as well as drive overall growth. This strategy also includes the establishment of an insurance technology incubator, which has successfully partnered with local Fortune 500 firms that are seeking ways to attract and maintain millennial talent to Hartford. Shelbourne is actively seeking additional secondary markets where a similar 24-7 live, work play strategy can provide superior returns.

A people
First
Company

Delivering
World-Class
Property Management

Offering Exceptional
Personalized
Service

Providing
Class A
Office Space

Our Team

Bernard Bertram

Bernard Bertram

Managing Member

Bernard Bertram has been active in the real estate business for more than 25 years. Bernard’ s early years in the real estate business were focused on the purchasing and management of multi-family buildings in the 5 Boroughs of New York City.
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Ben Schlossberg

ben schlossberg

Managing Member

Prior to joining Shelbourne, Ben was the executive account manager for Bluestone Realty, a New York City boutique investment fund. He specialized in buying performing and non-performing debt in the NY Metropolitan area. Since joining
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meet the team

featured tenants

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