Syndication

We believe that the current market is presenting the most exciting real estate investment opportunities in decades. ECP Syndications has produced four successful projects in the past two years. 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.

Smart Space Executive Offices

Smart_Space_Executive_Suites
  • Address
    4455 Murphy Canyon Road
    San Diego, CA 92123
  • Size
    14,892 Sq. Ft.
  • Closed Price
    $2,300,000
  • Closed Date
    12/10/2010

Details - Click Here For Full Story

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.. … Read More …

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.

Aztec Center - Retail/Office - BEFORE

Aztec Center - BEFORE
  • Address
    6360-6390 El Cajon Blvd.
    San Diego, CA 92115
  • Size
    21,970 Sq. Ft.
  • Closed Price
    $1,025.000
  • Closed Date
    September 15, 2009

Details - Click Here For Full Story

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 differed maintenance affecting roof, HVAC and landscape. …Read More…

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.

Aztec Center – Retail/Office - AFTER REMODEL

Aztec Center
  • Address
    6360–6390 El Cajon Blvd.
    San Diego, CA 92115
  • Size
    21,970 Sq. Ft.
  • Closed Price
    $1,025,000
  • Closed Date
    September 15, 2009

Details - Click Here For Full Story

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”. …Read More…

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.

Greenfield Industrial

Greenfield Dr_1243_
  • Address
    1243 Greenfield Dr.
    El Cajon, CA 92021
  • Size
    17,272 Sq. Ft.
  • Closed Price
    $1,705,000
  • Closed Date
    February 27, 2009

Details - Click Here For Full Story

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. …Read More…

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.

Via Orange Industrial

Via Orange Way_2766_008_syn
  • Address
    2731-2736 Via Orange Way
    Spring Valley, CA 91977
  • Size
    16,245 Sq. Ft.
  • Closed Price
    $1,660,000
  • Closed Date
    April 30, 2008

Details - Click Here For Full Story

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.

Other Syndication Projects