Earlier this year, GM Properties’ Dustin Wheelan, Vice President Brokerage and Tim Frost, Property Manager, were engaged to sell a multi-tenant commercial building located in Colton, California. Comprised of 30 units, the ± 23,676 sf building had a 40% vacancy rate, which was on par with occupancy trends in the area.
Since 2011, GM Properties has provided Trustee Services on behalf of a confidential family trust, which includes nine income beneficiaries across a diverse commercial real estate portfolio totaling $30M in property assets.
Earlier this year, GM Properties was approached by an owner interested in selling two industrial properties in the Pico Rivera area of Southern California. Although the buildings were near each other, they each presented unique challenges.
In January of this year, GM Properties received a referral from a prominent attorney to assist the owner of a single-tenant, NNN property in Fullerton, CA. The property faced challenges, with the long-term tenant consistently paying under-market rent and being tardy with payments. The tenant, an electromagnetic environmental testing company, had occupied a building in a business park since 2007, with common areas overseen by an association.
GM Properties has provided Property Management and Leasing services to global private real estate investment management Firm since 2021. The client had acquired a 41,000 sf multi-tenant industrial property in Brea, CA that had been under long-term ownership.
GM Properties has performed Asset Management and Leasing services on behalf of a private real estate investor since 2016. The client owned six industrial properties across Santa Fe Springs, CA that totaled 117,000 sf.
At GM Properties, we manage our clients ‘commercial real estate properties with personalized attention and care. Through value-added programs and superior management expertise, our knowledgeable property management team empowers CRE owners of all types to maximize return on commercial real estate investments from industrial facilities to office spaces and retail centers.