Investment Sales Success

 

Name:

Hughes Airport Portfolio, Las Vegas, NV

Description:

892,322 Sq. Ft. Nineteen (19) building flex, office, and industrial portfolio.

Buyer:

CIP Real Estate / Buchanan Street Partners

Seller:

Las Vegas Airport Properties, LLC

Assignment:

Identify acquisition opportunities in the Las Vegas market on behalf of CIP Real Estate

Result:

Represented CIP in the acquisition of the premier office, flex and industrial portfolio in Las Vegas.

Total Value of the transaction was $145,000,000.

 
 

Name:

Trust Portfolio, Southern California

Description:

834,000 Sq. Ft. portfolio consisting of eight multi-tenant industrial parks

Buyer:

Invesco

Seller:

Sares Regis

Assignment:

Position for sale eight business parks throughout Southern California

Result:

Represented Invesco in the sale of all eight projects as a portfolio. The parks were acquired by Sares Regis and later sold to individual investor.

Total Value of the transaction was $34,500,000.

 
   

Name:

Howard Hughes Ind. Portfolio, Las Vegas, NV

Description:

420,000 Sq. Ft. six-building industrial portfolio

Buyer:

CIP Real Estate

Seller:

Stoltz Real Estate

Assignment:

Assist CIP Real Estate, a private Southern California based real estate investment firm, in their expansion outside the Southern California market.

Result:

Identified and acquired an institutional-quality portfolio of six-buildings totaling 420,000 Sq. Ft.

Total Value of the transaction was $36,150,000.

 
 

Name:

Ontario Airport Commerce Center, Ontario

Description:

213,127 Sq. Ft. multi-tenant industrial and distribution park

Buyer:

LBA Realty

Seller:

ZMI Ontario

Assignment:

Position a multi-tenant industrial park for sale with existing debt that must be assumed by the buyer.

Result:

Facilitated the sale of the property of Layton Belling Realty Advisors.

Total Value of the transaction was $13,700,000.

 
   

Name:

5 Marconi, Irvine

Description:

200,648 Sq. Ft. two-building flex project

Buyer:

Crown Associates

Seller:

Tropitone Furniture

Assignment:

Identify suitable single-tenant investment opportunities.

Result:

Located a 200,648 Sq. Ft. single-tenant manufacturing building owned and occupied by Tropitone Furniture. Structured a sale that included a ten-year leaseback of the facility.

Total Value of the transaction was $13,281,000.

 
   

Name:

Lambert Palm Business Center, La Habra

Description:

185,154 Sq. Ft. multi-tenant business park

Buyer:

Guthrie Development

Seller:

CIP Real Estate

Assignment:

Position a second generation 185,154 Sq. Ft. multi-tenant business park for sale.

Result:

Generated multiple offers for the property, and ultimately sold the project at a then-record price.

Total Value of the transaction was $14,175,000.

 
   

Name:

Tustin Freeway Business Center, Tustin

Description:

184,032 Sq. Ft. multi-tenant business park

Buyer:

Guthrie Development

Seller:

Greenwood & Sons, LLC

Assignment:

Assist Guthrie Development Company in their acquisition of business parks within the Southern California marketplace.

Result:

Represented GDC in the acquisition of the project from Greenwood and Sons.

Total Value of the transaction was $18,275,000.

 
 

Name:

1515-1585 Manchester Avenue, Anaheim

Description:

182,513 Sq. Ft. two-building flex project

Buyer:

1515 Manchester, LLC

Seller:

Odetics, Inc.

Assignment:

Position a corporate headquarters facility for sale to a user or investor.

Result:

Structured a sale to a private investment group, with a ten-year leaseback of the facility by the seller.

Total Value of the transaction was $37,000,000.

 
 

Name:

Fullerton Business Center West, Fullerton

Description:

167,754 Sq. Ft. two-building multi-tenant distribution park

Buyer:

Alere Property Group

Seller:

K-II Fullerton

Assignment:

Position a state of the art multi-tenant distribution park for sale.

Result:

Represented the ownership in acquisition of the project, and ongoing lease efforts. After achieving stable occupancy, represented the ownership in the sale of the project.

Total Value of the transaction was $16,975,000.

 
 

Name:

The Esplanade, Costa Mesa

Description:

145,667 Sq. Ft. eight-building flex, office and industrial park

Buyer:

The Orange County Department of Education

Seller:

CIP Real Estate

Assignment:

Develop and implement a marketing program for the disposition of a second generation mixed-use business park for sale.

Result:

Generated multiple offers to purchase the property, obtaining a then-record price for the product type.

Total Value of the transaction was $15,995,000.

 
 

Name:

Victoria Business Park, Long Beach

Description:

119,576 Sq. Ft. multi-tenant business park

Buyer:

Granite Peak Partners

Seller:

Victoria Investors

Assignment:

Position an underperforming office/flex business park with above-interest rate debt, for sale on behalf of a Tenant-In-Common ownership.

Result:

Implemented an aggressive leasing program, increasing occupancy from 73% to 90% and secured a qualified buyer for the property.

Total Value of the transaction was $12,448,000.

 
 

Name:

Ball Road Business Park, Anaheim

Description:

115,352 Sq. Ft. multi-tenant flex/office park

Buyer:

TA Advisors

Seller:

KBS Realty Advisors

Assignment:

Develop and implement a marketing plan for the disposition of a multi-tenant business park with 56% occupancy rate.

Result:

Represented KBS in the sale of the property to TA Advisors.

Total Value of the transaction was $10,067,000.

 
   

Name:

180 Riverview Dr., Anaheim

Description:

57,246 Sq. Ft. multi-tenant office building

Buyer:

K-II Fullerton

Seller:

LBA Realty Fund

Assignment:

Identify a suitable upleg exchange for a family limited partnership.

Result:

Represented K-II in the acquisition of a class A office building occupied by credit tenants, some of which include Raytheon, Stewart Title Company, and the Orange County Toll Roads.

Total Value of the transaction was $16,500,000.