Broe Greater than the sum ® About Investments Real Estate Infrastructure Transport Energy Newsroom Contact Case Studies INDUSTRIAL RENAISSANCE close 2014: Port of Brownsville Accelerating America’s Industrial Renaissance On the southernmost tip of Texas, at the port of Brownsville, rails and roads and a ready workforce converge. Nearby, thousands of acres of Texas land stand ready for industrial development, while expanded drilling in Mexico’s adjacent Burgos Basin shale formation waits only on the proper energy expertise. A 30-year lease and strategic partnership for OmniTRAX to manage the local short-line railroad. Aggressive development of rail-corridor industries, modeling operational best practices from Windsor, Colorado’s Great Western Industrial Park. The Broe Group and OmniTRAX to develop 1,200 acres for a world-class industrial park. Target opportunities include light and heavy manufacturing, logistics, energy services, technology development and export/import warehousing. VENTURES 2013: Three Leaf Ventures Where Healthcare and Innovation Collide America spends more than $3 trillion on healthcare each year, often through mass-marketed and dated practices. Advances in communication technology and computing power are converging with medicine to offer a progressive approach to how we manage our health care towards a more precise, efficient and cost-effective solution. We recognized this emerging opportunity to offer far more than simply financial benefit. The Creation of Three-Leaf Ventures, to invest in healthcare innovation by funding venture-stage companies. Partnering with entrepreneurs from seed to pre-IPO stage financings across the U.S. and worldwide. Targeting health, IT, mobile and consumer applications, telemedicine and genomics. More than $50 million of capital has been dedicated to meeting the intersection of technology and medicine. Investments range from smartphone-enabled health monitoring (Scanadu), to advanced genetic testing (Invitae) and fluid-based diagnostics (). RENOVATION DOOR TO DOOR STEWARDSHIP HIDDEN IN PLAIN SIGHT close 2005: Great Western Oil & Gas Value Hidden in Plain Sight In 2005, Broe had nearly completed acquiring 1500 acres for its Great Western Industrial Park in Windsor, Colorado, along with some of the mineral rights—but not all. Then seller asked for a quicker closing date. Broe was not looking for oil; it was looking for opportunity. With three test wells, Broe found both. An expedited closing in exchange for discounted mineral rights. Using rail for efficient supply-chain transport. Cutting-edge technologies to pair increased production with maximum environmental safeguards. Ten years later, actively operating in the DJ basin, Great Western Oil & Gas is now a top-10 oil and gas producer in Colorado and among the top 100 in the United States. MILES OF OPPORTUNITY 1986: The Great Western Railway Seeing What Others Missed In 1986, when Pat Broe bought the scattered remains of the Great Western Sugar Company from bankruptcy, one asset especially caught his eye: a small railway that had hauled sugar beets for 85 years. That Great Western Railway of Colorado still turned a small profit, moving 500 rail cars annually. But Broe saw something more, something others had missed. He saw eighty miles of opportunity. Aggressive business development along a prime industrial corridor. Public and private partnerships enabling new business models. A lower cost, more skilled, and more flexible workforce. In 2014 that throwaway short-line spur ran 50,000 rail cars as the backbone of the Great Western Industrial Park. PARTNERSHIPS NORTHWEST PASSAGE BUILDING BIGGER REIMAGINING close 1983: The Tabor Center Reimagining a Downtown In 1982, Denver’s new walking mall at 16th Street had just opened. Seen from above, the granite pavings of the I.M. Pei-designed pedestrian promenade resembled a Diamondback rattlesnake. Seen from street level, its blocks between Arapahoe and Larimer showed all the weathered years of Denver’s history, but none of its charm. Orchestration of the development of The Tabor Center, a 700,000sf class AA mixed-use project integrating retail, office, and hotel space. Iconic glass-fronted, two-block, three-story shopping center, with novel indoor/outdoor pedestrian traffic flow. In 1984, The Tabor Center opens as a retail centerpiece of the 16th Street Mall, giving downtown Denver its anchor and putting the city on the national retail map. SPEED COUNTS 1992: 1000 Miles of Kansas Rail Speed Counts In the early 90s, Class I operators like the Santa Fe were trying to shed light-density lines. When Broe learned that their contracted buyer for 1000 miles of the Central Kansas Railway couldn’t complete the financing, he knew the window to act was short. Three Broe executives were at the Santa Fe headquarters the next day, ready to buy. Acting decisively: initial meeting to acquisition in 41 days. Viewing railroads as an engine for growth by winnowing unproductive branches. Increased development, especially of wheat transport, along a remaining core set of rail lines. Profitable operation for almost a decade, then a sale nine years after acquisition for $33 million, three times the purchase price. PIVOTING WITH TIMES Home About Investments Real Estate Infrastructure Transport Energy Newsroom Contact facebook linkedin Copyright © 2015 The Broe Group. All rights reserved.