From $14M to $35M: Santa Fe Springs Industrial Portfolio Value Increases 150%

When the heirs of a family-owned industrial portfolio in Santa Fe Springs, CA, inherited six properties totaling 117,000 sf in 2016, they turned to GM Properties for professional management and oversight. Following the passing of their parents, the family needed an experienced team to manage the portfolio’s 20 units and guide its long-term performance.

The properties had previously been managed by the family’s father, who had maintained long-standing relationships with tenants, many of whom were paying below-market rents. GM Properties developed a comprehensive strategy combining Asset Management, Property Management and Brokerage leasing services to address operational challenges and improve the portfolio’s financial performance.

Our team assumed responsibility for property operations, budgeting, capital improvement planning, leasing strategy and tenant transitions. This included major rehabilitation of several long-term occupied units, implementing a strategic re-tenanting program and coordinating with the family’s CPA on tax preparation and K-1 allocations.

Since GM Properties assumed management in 2016, the portfolio’s value has increased approximately 150%, from $14 million to $35 million.

The results demonstrate the value of coordinating long-term investment strategy with hands-on property operations, capital improvements and proactive leasing.

_______________________