Essential Services
Real estate whose demand persists across every cycle — grocery-anchored retail, banking service centers, education campuses, and government-adjacent tenancy.
Real estate whose demand persists across every cycle — grocery-anchored retail, banking service centers, education campuses, and government-adjacent tenancy. Cash flow that behaves like an annuity.
Where we underwrite conviction.
Grocery-Anchored
Necessity retail centers anchored by top-quartile grocers with dominant regional market share.
Banking & Credit Union
Corporate operations, contact centers, and regional HQ backing IG credit tenants.
Education Campuses
Charter, private K-12, and career-training campuses with performance covenants.
Public-Adjacent
Real estate serving municipal, county, and utility tenants under long-duration leases.
By the numbers.
Sioux Falls, SD
Funds & Allocations
| Fund | Fund Size | |
|---|---|---|
| PCC Essential Services Fund I | $24B | |
| PCC Essential Services Fund II | $18B | |
| PCC Essential Services Fund III | $24B | |
| PCC Essential Services Fund IV | $18B | |
| Total — Essential Services | $84B | |
Sioux Falls Essential Services Portfolio
Cash-flowing portfolio of essential-service tenancy in a growing regional hub with low tenant substitution risk.
Anchor tenant: Regional grocer + IG credit union (representative)
Underwriting environment
Serious capital for essential services.
Qualified LPs and institutional partners can request the full data room and current allocation window.
Request LP Access