The properties in which we invest are selected through a rigorous and disciplined process. Whether through ground-up development or through acquisition of a stabilized or value-add building, our properties are the foundation of the value creation process for our investors.
A major part of our experience and heritage lies within the industrial sector. Our vertically-integrated teams have acquired and operated more than $11 billion of industrial distribution facilities, comprised of over 1,000 properties totaling more than 185 million square feet. Our west coast industrial portfolio contains stabilized properties such as Corona Industrial Center and Alessandro Business Center, as well as development assets like Perris Distribution Center – all located within the high demand Inland Empire market.
Tacoma Logistics Center is a 1.1M square feet speculative development project including two divisible Class A warehouse / distribution buildings. This site is located on a 58-acre parcel in the Port of Tacoma with immediate access to I-5 Freeway and the greater Seattle area.
Our mixed use development experience in Mexico spans multiple markets. Nuevo Sur – pictured here – is a large-scale, mixed-use community positioned centrally within Monterrey with more than 2,700 residential units, retail, offices, and business class hotel rooms. Puerto Cancun is a large-scale, mixed use community located on oceanfront land in Cancun featuring more than 2,000 single-family lots, townhomes and condominium units, an open-air shopping center, two hotels, and multiple development pads. The Contadero project is a 419-unit multifamily rental property located in Mexico City featuring a 22-story high-rise, multifamily building.
At 25 properties and more than two million gross leasable square feet, our acquisition of the New England Retail Portfolio presented a truly unique opportunity to gain broad and immediate presence in New England with a large portfolio of dominant grocery-anchored shopping centers. Key tenants include Stop & Shop, the region’s largest supermarket chain, Shaw’s, the second larges grocer in New England, TJ Maxx, the largest off-price retailer of apparel and home fashions in the United States, and CVS, a national pharmacy chain with more than 6,200 stores in the United States.
1 Portal Britania and Santa Fe are part of Mexico Retail Properties (MRP). MRP was sold in December 2012, although it is still controlled by John Blumberg.