Unico Properties is a private equity real estate investment, development, and management firm headquartered in Seattle, Washington. Founded in 1953 by Roger L. Stevens, Alfred R. Glancy Jr., Ben Tobin, and H. Adams Ashforth, the company was originally established to manage and develop the University of Washington's 10-acre Metropolitan Tract in downtown Seattle. Over seven decades, the firm has evolved from a downtown Seattle-focused owner-operator into a regional real estate investment platform with a diversified portfolio across the western United States.
Unico specializes in value-add and core-plus investment strategies, concentrating on office and multifamily assets in emerging and high-growth markets. The company's investment approach targets urbanizing downtown districts with strong in-migration trends, robust employment growth, and innovation-driven economies. Unico forms investment vehicles ranging from core-plus through opportunistic strategies for institutional investors and high-net-worth individuals, and has structured over 55 investment partnerships throughout its history.
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