FS Investments, is a leading manager of alternative investment funds. The company has grown significantly in size since its inception in 2007 and now has roughly $14 billion under management and around 300 employees. When FS Investments, formerly Franklin Square Capital Partners, had outgrown their space in Philadelphia’s Cira Center tower, they hired Watchdog to manage and oversee the build-to-suit construction of their new company headquarters at the Philadelphia Navy Yard.
FS Investment’s $24.3 million headquarters project was developed by real estate investment trust and land owner, Liberty Property Trust. Watchdog worked to coordinate all progress with FS Investments, all project team vendors and the Liberty Property Trust development team. From construction through employee occupancy, Watchdog acted as FS Investment’s owner’s representative every step of the way to ensure an on-time, on-budget project delivery that not only met, but exceeded expectations of the value of project management.