NewswireToday - /newswire/ -
Bloomington, IN, United States, 2008/02/22 - First Capital Group, Inc., an investment accelerator, just announced that it ended its 2007 fiscal year with an 18% increase in its portfolio valuation. The company has recently diversified its portfolio to include a broader mix of business ventures.
First Capital Group, Inc., an investment accelerator specializing in real estate and new business ventures, announced today that the company ended the 2007 fiscal year with a 18% increase in its portfolio valuation. Company leadership attributes the growth to high performance among its investment properties and businesses, a strategic focus on the life science sector, and the geographic expansion of its real estate acquisitions.
“We significantly diversified our portfolio to include a broader mix of business ventures and properties across a wider geographic footprint,” noted Tim J. Mitchell, president of First Capital Group. “Our continued focus on the life science sector has provided our company with significant results in 2007. We’ve seen an exponential increase in the number of early-stage biotechnology companies and resulting demand for facilities custom-designed to support these businesses.”
First Capital Group provides several pharmaceutical and biotechnology companies with built-to-suit space that complies with strict construction specifications and utility regulations, and provides the flexibility to scale as business needs evolve. First Capital Group’s life science real estate portfolio includes high-growth companies such as Sentry Logistic Solutions in Indianapolis, Indiana; Kendle Research in Wilmington, North Carolina; The Heart Center in Fort Wayne, Indiana; and ProCure and Predictive Physiology and Medicine (PPM), both in Bloomington, Indiana.
First Capital Group continues to expand its investments in geographic markets experiencing rapid growth and across diverse asset classes including commercial office, industrial, medical and life sciences industries. In 2007 First Capital Group acquired the Herman Miller Marketplace property in Zeeland, Michigan. An example of world-class environmental and architectural design, the Herman Miller building received a Gold rating under the Leadership in Energy and Environmental Design (LEED) by the U.S. Green Building Council.
About First Capital Group
Headquartered in Bloomington, Ind., First Capital Group (firstcapitalusa.com) owns and manages a portfolio of investments including more than 1.1 million square feet of facilities. First Capital Group’s portfolio is comprised primarily of commercial office, medical, life science, biotechnology, industrial health care and technology sectors. For more information call 812-330-0077.