Rehabbing Real Estate: Commercial, Office and Retail Repositions

Home Commercial, Office and Retail Repositions

Alta Vista Shopping Center - mikelembeck.com

Alta Vista Shopping Center

Phoenix, AZ

90,000 sf retail and mini-storage

Purchased September 2001 - $3.125 Million

Status: Still Own

Capistrano Collection - mikelembeck.com

Capistrano Collection

San Juan Capistrano, CA

25,000 sf retail

Purchased Sept 2005 - $7.6 million

Status: Sold April 2007 - $10.175 million

Rolling Hills View Center

Harbor City, CA

45,000 sf retail

Purchased January 2006 - $9.5 Million

Status: Sold December 2006 - $14.35 Million

Harbor Grove Shopping Center

Garden Grove, CA

37,000 sf retail

Purchased October 2006 - $9.35 million

Status: Sold September 2012 - $8.5 million

1600 Broadway

Santa Ana, CA

105,000 sf office building

Purchased December 2013 - $5.4 million

Status: Sold December 2015 - $7.75 million

Gateway Plaza Shopping Center

Henderson, NV

10,300 sf retail

Purchased September 2007 - $2.7 million

Status: Still Own

Shops at Clinton Keith

Wildomar, CA

20,040 sf retail

Developed and Opened February 2008

Status: Sold October 2014- $9.0 million

Grease Monkey

Wildomar, CA

5,300 sf Automotive and Car Wash

Developed and Opened February 2008

Status: Sold January 2016 - $2.85 million

Calexico Shops

Calexico, CA

5,300 sf retail

Developed and Opened February 2008

Status: Sold August 2008 - $3.1 Million

Bank of America

Woodland, CA

16,000 sf Bank and Office building

Purchased February 2008 - $1.6 Million

Status: Still Own

Southbay Pavilion

Carson, CA

1.0 Million sf Shopping Mall

Anchored by IKEA, Sears, JCPenny and Target

Managed 2003-2009

17525 Catalpa

Hesperia, CA

33,000 sf multi-tenant industrial

Purchased March 2000 - $600K

Status: Still Own

3020-40 Duluth

West Sacramento, CA

32,000 sf multi-tenant industrial

Purchased September 1994 - $620K

Status: Sold November 2014 - $1.412.5 million

Country Club Business Park

Palm Desert, CA

25,000 sf office condos

Purchased February 2011 - $3.1 Million

Status: Still Own and Selling Condos

4340 Von Karman

Newport Beach, CA

69,000 sf Office

Purchased December 2014, $13.5 million

Status: Still own and Selling Condos

Testimonials

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