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Polaris Pacific Announces Launch Of Ground Matrix, A New Full-Spectrum Development Brokerage And Advisory Services Group

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Established by Polaris Pacific Co-founder Chris Foley, Ground Matrix Marks the Evolution and Spin-off of Polaris Pacific’s Successful Land and Commercial Business

SAN FRANCISCO, CALIF. (November 29, 2017) – Leading West Coast condominium sales and marketing company Polaris Pacific announced today the launch of Ground Matrix, a
multifaceted, institutional grade development brokerage and advisory services firm. Created by Polaris Pacific co-founder Chris Foley and industry veteran Jason Glasgow, Ground Matrix is the logical expansion of Polaris Pacific’s fast-growing land and commercial division. Providing a one-stop shop for unique commercial real estate and development opportunities, Ground Matrix offers a range of services including market analysis, asset optimization, acquisitions and assemblage, full stack capitalization, and entitlement process consulting.

“We recognized the significant unmet demand in the market for specialized services and it
became clear that the most effective way to answer that demand was to create a new company dedicated to this area. I look forward to continuing my involvement with Polaris Pacific, as well as ensuring our businesses have a symbiotic relationship moving forward,” said Chris Foley, co-founder of Ground Matrix. “We are excited to launch Ground Matrix and believe our combination of advanced services and advisory tools providing end-to-end deal strategy will be of tremendous value to our developer, investor and capital clients.”

Led by Managing Partner Jason Glasgow who previously headed the West Coast residential
development arm of Westbrook Partners, Ground Matrix is currently engaged on multiple high density developments on the West Coast, including a 40-story tower in San Diego, urban masterplans in Los Angeles and San Diego counties, and several mixed-use towers in Seattle. The company plans to expand to major urban markets across the Western United States in the coming years.

“Ground Matrix has unparalleled expertise and a highly skilled, accomplished team in place. We wish them all the best as they embark on this new endeavor and look forward to continuing our relationship,” commented Garrett Frakes, Managing Partner of Polaris Pacific.

Comprised of experienced real estate professionals with extensive backgrounds in the
acquisition, entitlement, development, and disposition of a wide variety of real estate assets, Ground Matrix offers a dedicated level of management services intended to provide context and inform direction to a wide range of national and international clients and sellers within and beyond the condo and mixed-use sector.

For more information on Ground Matrix, visit www.groundmatrix.com.