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CIP Real Estate has implemented an aggressive investment program focused on core and value-added acquisitions both in office and industrial properties in prime sub-markets in California, Nevada and North Carolina. Since its formation in 1995, CIP Real Estate has concluded transactions in excess of $1.0 billion, with approximately $300 million in acquisitions and dispositions in 2005, $50 million in 2006, $129 million in 2007 and $42 million in 2008.
Through its proven track record and extensive management expertise, CIP Real Estate continues to pursue its portfolio growth as both a principal and as a capital advisor in conjunction with major institutional investors. |
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(with preferred criteria as follows) |
Industrial |
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| | Target Price Range: | single asset: $5 million to $100 million
Portfolio: $20 million to $250 million |
| | Project size: | 50,000 sf and greater with on-site management |
| | Unit size: | 3,000 sf to 30,000 sf |
| | Office Build-out: | 5% to 35% |
| | Project Age: | built 1982 or after (prior to 1982 considered with review of property condition) |
| | Preferred Amenities: | sprinklers, 1.5:1000 + parking, minimum height of 22’, corner locations and adequate glass store frontage, extra truck parking and generous truck turning radius area |
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| | Target Price Range: | $5 million to $50 million for individual projects |
| | Project size: | 100,000 sf and greater with on-site management
20,000 sf to 100,000 sf if near existing CIP Real Estate project |
| | Unit size: | 700 to 3,000 sf |
| | Office Build-out: | 10% to 35% |
| | Project Age: | built 1982 or after (prior to 1982 considered with review of property condition) |
| | Preferred Amenities: | sprinklers, 2.5:1000 + parking, minimum height of 15’, corner locations and adequate glass store frontage |
Office |
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| | Target Price Range: | single building $15 million to $100 million
Portfolio: $50 million to $250 million |
| | Project size: | 50,000 sf and greater |
| | Project Age: | build 1988 or later (prior to 1988 considered with review of property condition) |
| | Building Quality: | Class B+ or better |
| | Preferred Amenities: | 4:1000 + parking, prominent street or corner location and structures with architectural interest |
Development and Value Added Investments: |
Industrial land of 8 to 20 acres
Office or Industrial projects with excess land for development
Value-added projects with leasing, physical, and/or environmental issues |
Locations: |
Orange County
Los Angeles
San Diego
Ventura County
Inland Empire
Las Vegas and Reno
Other Southwestern US Markets, including:
Seattle, Portland, Phoenix, Sacramento and other Northern California Markets |
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Eric Smyth, Principal
Office: (949) 202-4540
(949)474-2101 fax
19762 MacArthur Boulevard, Suite 300
Irvine, CA 92612
eric@ciprealestate.com
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