Colville Group announced today the formation of Lasco, a new real estate holdings platform established to own and steward high-quality real estate assets aligned with Colville’s long-term, value-creation-focused investment philosophy.

Lasco was formed to support durable businesses and operating platforms through thoughtful ownership of strategic real estate, with a focus on long-term utility and operational alignment.

“Lasco was created to be a patient, aligned owner of real estate—one that prioritizes stewardship, operational fit, and long-term utility over short-term outcomes,” said Patrick Mealy, Partner at Colville Group. “This platform expands our ability to support the businesses we partner with by owning assets that matter to their operations and long-term success.”

Lasco will focus on acquiring and holding industrial and commercial real estate assets, often in connection with Colville’s existing partner companies and long-standing operating relationships.

“This is not about real estate as a financial trade,” added Mealy. “It’s about owning the right assets, in the right places, for the right reasons—and doing so in a way that supports long-term value creation for the businesses and communities we partner with.”

Lasco is expected to grow thoughtfully over time, building a focused portfolio consistent with Colville Group’s investment principles.