Ground Up Development For over 40 years our core activity has been ground up developments. These are green field sites that are well suited for institutional grade industrial/commercial developments. Ideal sites are located in growing markets with manageable size and shape, accessibility to freeways/transportation, and proximity to infrastructure and utilities. For raw land, the bigger the better.
Infill Opportunities Validated by our recent Orange County and Los Angeles County purchases, we have been focusing more attention on Infill Opportunities. Infill opportunities can be more difficult to develop due to environmental issues, dilapidated buildings, lot size and configuration. Ideal infill sites are in existing, strong industrial markets. They should be easily accessible from freeways and large enough to redevelop.
Value-Add Value-add properties are intriguing because of the intermediate rental income as well as generally quicker investment turnaround timeframe and lack of entitlement risk. Value can be created through releasing, improved management and/or repositioning. Ideal Value-add properties are in strong markets with short-term leases and under market rental income.
* Key Markets include Southern California (specifically San Bernardino, Riverside, Los Angeles, and Orange Counties) and Northern & Southern Nevada.
** Western Realco acts as a principal and places a high value on its broker relationships. So long as a property is not listed for sale by a competing broker and/or being widely marketed, Western Realco will recognize a procuring broker who registers a qualified submittal.
*** Western Realco has accomplished an impressive track record of performance, while maintaining a lean, entrepreneurial, and responsive organization. Western Realco has a long standing relationship with national institutional investors as well as smaller private investors, we can consider a wide range of project size and types.
Please submit all qualified properties (including site plan, location, and all other pertinent information) to Jeremy Mape.