Platform – Golden Black Capital

A vertically integrated operating
platform for essential retail

A vertically integrated operating platform for essential retail

We oversee the full lifecycle of assets—from acquisition and development through leasing, asset management, and long-term stabilization—built for disciplined execution and durable ownership.

Platform Overview

Built to execute across the full lifecycle

Golden Black Capital functions as a hands-on operating platform across essential retail. Our integrated capabilities allow us to evaluate opportunities, execute business plans, and manage assets through stabilization with consistent standards and accountability.

Acquire

Reposition

Develop

Stabilize

Capabilities

Integrated execution, end-to-end

Sourcing & Underwriting

Identify assets with strong fundamentals and embedded operational upside.
Disciplined underwriting and deal structuring
Market and tenant demand evaluation

Tenant Mix & Leasing

Leasing strategy and tenant mix optimization to support performance.
Retention, renewals, and new leasing execution
Service-oriented / necessity-based demand drivers

Business Plan Execution

Operational improvements and performance oversight.
Budgeting, reporting, and capital planning
Risk management and consistency of standards

Selective Development

Ground-up and redevelopment in proven retail corridors.
Outparcel and pad strategies (where applicable)
Entitlements and phased execution

Repositioning & Improvements

Targeted upgrades aligned with leasing strategy
Curb appeal + site functionality + tenant readiness
Practical ROI-driven planning

Durable Cash Flow

Stabilize assets to support long-term ownership.
Focus on operational stability and stewardship.

Our Approach

How Execution Is Repeatable

Golden Black Capital follows a disciplined, hands-on operating process:

STEP ONE

ACQUIRE

Acquire assets with strong fundamentals and embedded operational upside.

STEP TWO

REPOSITION

Reposition properties through leasing strategy, tenant mix optimization, and operational improvements.

STEP THREE

DEVELOP

Develop selective ground-up and redevelopment projects in proven retail corridors.

STEP FOUR

STABILIZE

Stabilize assets to support long-term ownership and durable cash flow.

Why Golden Black Capital

Alignment and differentiation.

Operator-led execution from acquisition through stabilization.

Vertically integrated platform across acquisitions, development, leasing, and asset management.

Conservative underwriting and disciplined project selection.

Alignment through long-term ownership and co-investment.

Focus on asset quality, operational stability, and capital stewardship.

Built for disciplined execution across the full lifecycle of essential retail assets.

Our Role As Manager

Golden Black Capital serves as the centralized operating and management company for affiliated real estate investment vehicles. Each investment vehicle maintains separate legal structures, offering materials, and investor communications.

Artem Grigoryan

Co-Founder & Managing Partner

Artem Grigoryan is Co-Founder and Managing Partner of Golden Black Capital. He oversees development, construction, and asset-level execution across the firm’s retail investments. Artem focuses on operational performance, tenant improvements, and strategic repositioning to enhance property stability and cash flow durability.

Vadim Agamirzoyan

Founder & Managing Partner

Vadim Agamirzoyan is the Founder and Managing Partner of Golden Black Capital. He leads the firm’s investment strategy, acquisitions, and portfolio oversight, with a focus on essential retail assets in high-growth markets. Vadim directs underwriting and execution across the platform, emphasizing disciplined operations and long-term value creation.

Bradley Cohen

Fund Manager | Co-Founder, GB Capital Fund II

Bradley Cohen brings deep capital markets and commercial lending expertise to GB Capital Fund II. He has closed over $100 million in annual transaction volume and more than $200 million in total commercial production. A recipient of the 2025 Greg Miskovsky Award for integrity and performance, Brad supports disciplined capital deployment and efficient execution across the Fund’s investments.