Syndication

We believe that the current market is presenting the most exciting real estate investment opportunities in decades.

We are focused on continually mining the market to find those “nuggets” and then sharing those with our investor’s. We believe in California real estate for California investors!

Our market is San Diego County.

We look at all product types but focus on multi-tenant properties as we believe they present the best upside while minimizing risk. We also look at buying at significantly below replacement cost and well below market highs. We have purchased all cash as well as bought with seller financing or we have assumed existing financing. Again, our acquisition criteria considers all types of San Diego commercial real estate.

To see a list of our acquired projects Click Here

Projects

Via Orange Industrial
2731-2736 Via Orange Way
Spring Valley, CA 91977
April 30, 2008
$1,660,000
16,245 Sq. Ft.

Via Orange Industrial is our first syndication project. Purchased in 2008, this property was only 40% occupied due to the anchor tenant of the property moving out. Our group then rebuilt the space to its original plan of small incubator units of 700 square feet.

We executed the building reconstruction in 30 days and began leasing suites. We reached 100% occupancy within 90 days (4 months ahead of proforma) and achieved rents well in excess of market and proforma. Via Orange continue to proforma well and is a great example of our reposition/value add model.

Greenfield Industrial
1243 Greenfield Dr.
El Cajon, CA 92021
February 27, 2009
$1,705,000
17,272 Sq. Ft.

Because of our presence in the San Diego investment market, acquisitions often come to us without hitting the market. Greenfield Industrial was one of those projects. Purchased in 2009, Greenfield was a value play for our investors.

This acquisition was the lowest comp in the multi-tenant industrial investment market at under $100 per square foot. This property required almost no work (just a new roof) and has maintained a 100% occupancy since purchase, even through the most difficult market of the past two years.

Aztec Center – Retail/Office - AFTER REMODEL
6360–6390 El Cajon Blvd
San Diego, CA 92115
September 15, 2009
$1,025,000
21,970 Sq. Ft.

Since the completion of the property remodel, Aztec Center has won critical acclaim from both the Rolando Business Association for the project’s cutting edge ultra low water landscape and the College Avenue Business District who awarded Aztec Center with “Best New Storefront” and “Best New Restaurant”.

In addition Aztec Center has significantly out performed the market as well as proforma with double digit returns that were 20% above projections. Aztec Center is now perfectly positioned to grow with the surrounding SDSU college market which is projected to have some of the highest growth in all of San Diego County.

Aztec Center - Retail/Office - BEFORE
6360-6390 El Cajon Blvd
San Diego, CA 92115
September 15, 2009
$1,025.000
21,970 Sq. Ft.

Aztec Retail was a center in receivership and then bank owned. It was not managed well for over one year before acquisition and was 40% vacant at close. The center had significant deferred maintenance affecting roof, HVAC and landscape.

Days after close, our crews began to work transforming this property. In a well coordinated effort of designer, contractor, property manager and leasing agent, the center was remodeled as seen in next slide. This property was fully stabilized in five months (five months ahead of proforma) and rents achieved were 120% of proforma.

Smart Space Executive Offices
4455 Murphy Canyon Road
San Diego, CA 92123
12/10/2010
$2,300,000
14,892 Sq. Ft.

MCR Office, LLC is our most exciting syndication to date. This office building is located at 4455 Murphy Canyon Rd. and has close access to Route’s 15 and 52 which allows intersection with highway’s 805, 163 and 5 as well as route 125. This is San Diego’s most convenient business location.

Our group is completing a finish remodel of the project and once finished will house ECP Commercial on the second floor and our new concept, SmartSpace on the first floor. SmartSpace is an executive suite model offering services from address and phone number, shared space and fully serviced private office spaces. In addition, this space will house St. Clair Gallery, who provides gallery opportunities to San Diego’s emerging artists.

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