Car dealership sold on a substantial land site in a premier location on Harbor Boulevard in Costa Mesa. The property includes a land area of 2.36 acres and 2 buildings (6,129 SF Showroom/Office & 475 SF Shop Space).
Seller cooperated with buyer to re-entitle the property into a mixed-use Industrial and Self- Storage facility also providing much-needed parking for the Cerritos Auto Square Dealerships. The Reef Group represented the buyer and seller in this complex off-market transaction.
17900 CRUSADER AVE.,CERRITOS, CA
This was an off-market transaction where The Reef Group represented the buyer and seller in a 3 property, Class A Industrial Distribution investment and land sale. Rexel USA and Mary Kay were two of the larger tenants.
TRG has vast experience with both institutional and private clients. We specialize in Industrial, Office, Retail, Development, Apartments, Automotive Uses, Self Storage, Adaptive Reuse, Mixed Use, Hospitality, Medical, Land, and other specialized opportunities
Repositioning a single asset or portfolio requires precision, speed and intimate knowledge of macro economics and growth markets. We have successfully helped many clients trade out of assets that have realized their maximum potential, are performing poorly or require too much attention. With off market opportunities, investment analysis and creative partnerships we can provide the answers to your 1031 questions.
Landlords are unique operators who wear many hats. TRG takes a partnership approach with landlords to strategically
identify credit tenants and maximize sales and leasing results through unparalleled marketing efforts. Property websites, drone films, 3D virtual tours, and broker cooperation result in maximum returns.
Our professionals align financial analysis, operational objectives and business strategies to help navigate your lease, renewal or build-to-suit. Through our strong relationships with local landlords, we leverage decisive information to safeguard your interest.
Our trusted group of high net worth individuals, investors, developers, and creative business leaders partner to purchase and reposition properties. If you have a value add opportunity or have interest in joining our team please reach out to discuss.
We apply key investor decision making analyses and forecast investment performance by quantifying real estate risk. We leverage analytical tools to improve decision making and optimize investment returns. TRG can add value from refinancing to capital improvements to dispositions and more.
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"The Reef Group provided superior service and professionalism while working on our real estate portfolio. They have successfully negotiated complex long term leases with National Credit Tenants and have also represented us in the disposition and acquisitions of various assets The value they brought exceeded expectations"
DAVE ROBINS / THEODORE ROBINS FORD AND ROBINS PROPERTIES
The Reef Group has identified several off market, Class A, industrial assets across the US that we have closed together over the years. They are a skilled brokerage firm that understands the perspective of an institutional owner and has repeatedly proven to be a pleasure to work with.
- ART BARKLEY DCT INDUSTRIAL | SENIOR VICE PRESIDENT