HomeMy WebLinkAbout10-ATTACHMENT 3AAttachment 3
Background Information
Top Three Development Entities For
Disposition Package 1C
Provided by each Entity to Expert Panel
<Brochures Attached>
Attachment 3A
CJK /Acacia Partners
CJK / ACACIA PARTNERS
CRAIG REALTY GROUP
ACACIA
REAL ESTATE GROUP, INC.
"""I
CRAIG JARECKI KRAY
INVESTMENTS
CJK / ACACIA PARTNERS
QUALIFICATIONS & BACKGROUND:
CJK/ ACACIA Partners is a partnership including the principals of CJK
Investments/Craig Realty Group and Acacia Real Estate Group, Inc. CJK Investments is
a privately held real estate investment management company specializing in the
acquisition, development, ownership and management of investment real estate in
venture with institutional, public and private investors. Founded by Steven L. Craig,
Steve Jarecki, David Kray and Jan Tatala, CJK Investments has over 90 years of
combined real estate experience in an array of diverse institutional and non -institutional
real estate product types including retail, office, industrial, R&D, multifamily properties;
and loans in the US and Japan. CJK founders have successfully acquired, developed,
operated, managed and disposed of billions of dollars in assets; and millions of square
feet throughout the United States and Southern California. CJK's broker, tenant and
owner relationships are very deep; and the principals have been involved in several high
profile development and investment projects throughout the US. In addition, CJK does
not have any lender or "legacy issues" in existing assets.
Prior to forming CJK Investments, Jarecki, Kray and Tatala worked as a team for 8 years
at KBS Realty Advisors and held senior positions in acquisitions, portfolio management,
asset management and dispositions. The team successfully invested on behalf of top tier
US pension funds. During their tenure, the team acquired, operated and created
significant value on several high profile assets in multiple Western US markets on behalf
of their pension fund investors. In 2006/2007, the team sold these assets resulting in very
large profits for the funds. In January 2010, they lifted out of KBS to form CJK
Investments with Steve Craig of Craig Realty Group. Jarecki left KBS after 15 years;
Kray after 8 years; and Tatala after 5 years.
CJK Founding Partner, Steve Craig is an entrepreneur and owner of several businesses
including Craig Realty Group, one of the three top upscale factory outlet shopping center
developer/owner/operators in the US over the last 25 years. Craig's projects include
Cabazon (near Palm Springs), Citadel (Commerce/Los Angeles), Carlsbad, Camarillo,
Mammoth, Napa, Woodburn (Oregon), Anthem (Phoenix), Marblehead (San Clemente)
and several others across the US and internationally. In 1986, Craig started Ginsburg
Craig & Associates developing upscale factory outlet shopping centers throughout the
Western US. He then merged with Chelsea REIT, where he became CEO; and
subsequently sold Chelsea to Melvin Simon Company. In 1995, Craig started his current
company, Craig Realty Group. Today, Craig Realty Group (CRG) is one of the top three
factory outlet shopping center owner/operators in the world. The Craig Realty Group
operating platform (which CJK is a part of) has approximately 350 people nationally,
with approximately 60 people in the corporate offices in Newport Beach.
Acacia Real Estate Group, Inc. was established in 1998 as a niche developer of
commercial real estate assets concentrated within the dynamic Orange County, California
market. With Acacia's unique blend of entrepreneurial experience, and its extensive real
estate contacts and affiliations in Orange County as well as Southern California, it has
access to many opportunities overlooked by other developers. Acacia can quickly
ascertain demand; value and potential, thus maximizing opportunity in today's complex
real estate environment
David Pittman founded the company, which is located in Newport Beach, California. Mr.
Pittman was previously a partner with several large retail development companies based
in Southern California where he was responsible for procuring and overseeing
development opportunities from acquisition to project completion. Mr. Pittman's scope of
real estate knowledge encompasses the entire West Coast market including Hawaii.
Additionally, Mr. Pittman served as Special Assistant to President Reagan in
Washington, D.C. While at the White House, he worked in the Domestic, Policy and
Planning unit focusing on major national political issues for the Reagan Administration
Since establishing Acacia Real Estate Group, Inc., the company has developed a number
of significant projects throughout Orange County in excess of $80,000,000. The company
has been consistently ranked, as complied by the Orange County Business Journal, in the
top echelon of developers active in the county real estate market, a formidable
achievement both in terms of longevity and in the face of competition with much larger
organizations. Acacia has developed a reputation for executing projects that are timely in
manner, under budget and with architectural integrity.
Notable projects include: Alton Flex -Tech- Irvine Spectrum, Bake/Orchard Business
Park -Lake Forest, Acacia Business Center -Irvine and Cypress Business Center -Cypress
The combined experience of both entities, in all facets of commercial development,
including projects built locally, regionally, nationally and internationally exceeds well
over 100 years. Collectively, CJK/ACACIA Partners have been involved in the
development of over 50 million square feet of retail, industrial and office product
representing billions in value. Both entities have been headquartered in Orange County
for decades and have deep roots associated with the local real estate community. In
addition, their relationships and reach with retail tenants spans national and international
boundaries.
All of the principal partners have extensive experience in retail development projects
within Southern California and Orange County, including projects in Newport Beach,
Irvine, Buena Park, Santa Ana, San Clemente, Tustin, Carlsbad, Camarillo, Cabazon, Los
Angeles and Del Mar Heights to name a few. Projects have been developed in a
cooperative and collaborative effort with the cities in which the projects were located;
including newly developing, infill and master planned locations. In all cases, projects
were built with upscale quality, distinctive architectural detail and articulation as well as
extensive landscape and hardscape design to give each development a sense of "place"
for the enhancement of the tenants, residents and community.
Financially, CJK/ ACACIA Partners have long term established capital, banking and
lending relationships with top tier partners and lenders. The partnership and their joint
venture partners have significant capital available for multimillion dollar projects; and
have the ability to close quickly and all cash (or with debt if desirable). Development
projects have been delivered on time and on/or under budget. These projects have
produced great value to the community and significant tax revenues through sales
volumes for the cities involved. Because of this history of performance and quality,
investors and lenders seek out opportunities to invest and reinvest in future projects
associated with the collective partners.
Included with the background information are some representative photos of projects that
exemplify many of the qualities of their collective representative projects.
Thank you to the City of Tustin for your consideration.
Steven L. Craig
Project List
(Includes Craig Realty Group,
Chelsea GCA and Ginsburg Craig Associates)
1. Plaza San Clemente (new development) San Clemente (Marblehead, CA)
2. Outlets at Kapolei Commons (new development) Kapolei, HI
3. Chicagoland Outlets at Country Club Hills
Chicago, IL
(new development)
4. Lifestyle Outlets at Manteca (development)
Manteca, CA
5. Outlets at Traverse Mountain (development)
Lehi, UT
6. Outlets at Richmond (development)
Richmond, VA
7. Sussex Commons Lifestyle Outlets (development)
Frankford Township, NJ
8. Outlets at Silverthorne
Silverthorne, CO
9. Outlets at Hillsboro
Hillsboro, TX
10. Outlets at Loveland
Loveland, Colorado
11. Outlets at Castle Rock
Castle Rock, CO
12. Outlets at Conroe
Conroe, TX
13. Outlets at Vicksburg
Vicksburg, MS
14. Citadel Outlets (Phase I, II, III; IV planned)
Commerce, CA
15. Lake Elsinore Outlets (management assignment)
Lake Elsinore, CA
16. Outlet Village Franciacorta
Brescia, Italy
17. Outlets at Anthem
Phoenix, AZ
18. Cabazon Outlets (adjacent to Desert Hills)
Cabazon, CA
19. Woodburn Company Stores
Woodburn, OR
(Phase I, II, III; IV planned)
20. Carlsbad Company Stores (Phase I, II, III)
Carlsbad, CA
21. Woodbury Commons
Woodbury, NY
22. Aurora Farms
Aurora, OH
23. North Georgia Premium Outlets
Dawsonville, GA
24. Clinton Crossing Premium Outlets
Clinton, TX
25. Napa Premium Outlets
Napa, CA
26. Desert Hills Premium Outlets Phase II
Cabazon, CA
27. Petaluma Premium Outlets
Petaluma, CA
28. Camarillo Premium Outlets
Camarillo, CA
29. Santa Fe Factory Stores
Santa Fe, NM
30. Troutdale Factory Stores
Troutdale, OR
31. St. Helena Factory Stores
St. Helena, CA
32. Page Factory Stores
Page, AZ
33. Mammoth Lakes Factory Stores
Mammoth Lakes, CA
34. Desert Hills Factory Store (Premium Outlets)
Cabazon, CA
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CRAIG JARECKI KRAY
INVESTMENTS
CJK Investments is a privately held real estate investment management company specializing in
the acquisition, ownership and management of investment real estate in venture with
institutional, public and private investors. In addition, CJK Investments provides third party
asset management services for institutions and private investors.
Founded by Steven L. Craig, Steve Jarecki, David Kray and Jan Tatala, CJK Investments has
over 90 years of combined real estate experience in an array of diverse institutional and non -
institutional real estate product types including office, retail, industrial, R&D, multifamily
properties; and loans in the US and Japan. CJK founders have successfully acquired, developed,
operated, managed and disposed of billions of dollars in assets; and millions of square feet
throughout the Western US. CJK's broker, tenant and owner relationships are very deep; and the
principals have produced hundreds of millions in profits for our investors. In addition, CJK does
not have any lender or "legacy issues" in existing assets.
Prior to forming CJK Investments, Jarecki, Kray and Tatala worked as a team for 8 years at KBS
Realty Advisors and held senior positions in acquisitions, portfolio management, asset
management and dispositions. The team successfully invested on behalf of top tier US pension
funds. During their tenure, the team acquired, operated and created significant value on several
high profile assets in multiple Western US markets on behalf of their pension fund investors. In
2006/2007, the team sold these assets resulting in very large profits for the funds. In January
2010, they lifted out of KBS to form CJK Investments. Jarecki left KBS after 15 years, Kray
after 8 years and Tatala after 5 years.
Steve Craig is an entrepreneur and owner of several businesses including Craig Realty Group,
one of the three top upscale factory outlet shopping center developer/owner/operators in the US
over the last 25 years. Craig's projects include Cabazon (near Palm Springs), Citadel
(Commerce/Los Angeles), Carlsbad, Camarillo, Mammoth, Napa, Woodburn (Oregon), Anthem
(Arizona), Marblehead (San Clemente/Orange County) and several others across the US and
internationally. In 1986, Craig started Ginsburg Craig & Associates developing upscale factory
outlet shopping centers throughout the Western US. He then merged with Chelsea REIT
(Chelsea GCA), where he became CEO; and subsequently sold Chelsea GCA to Melvin Simon
Company. In 1995, Craig started his current company, Craig Realty Group. Today, Craig
Realty Group (CRG) is one of the top three factory outlet shopping center owner/operators in the
world. The Craig Realty Group operating platform (which CJK is a part of) has approximately
350 people nationally, with approximately 60 people in the corporate offices in Newport Beach.
CJK and its venture partners have significant capital and the ability to close quickly and all cash
(or with debt if desirable). In addition, to traditional transactions, CJK is creative and flexible as
to structures that may work for various sellers or lenders of real estate.
CJK v -cards can be accessed at www.cikinvestments.com. More information on Craig Realty
Group can be found at www.craigrealtygroiip.com.
Steve Jarecki, Principal
(949) 224-4175
sj arecki(&cjkinvestments.com
David Kray, Principal
(949) 224-4176
dkray(i�cjkinvestments.com
Jan Tatala, Principal
(949) 224-4177
jtatalaO,,cjkinvestments.com
Steven L. Craig
(949) 224-4100
steve(,crai rgrealt oup.com
CJK Investments
4100 MacArthur Blvd., Suite 200
Newport Beach, CA 92660
Main: (949) 224-4180
Fax: (949) 468-5521
www.CJKInvestments.com
TEAM
Steven L. Craig - Principal
Steven L. Craig is a co-founder and principal of CJK Investments, a privately held
real estate investment and management company headquartered in Newport Beach,
k California.
Mr. Craig is also the founding partner, president and CEO of Craig Realty Group, a
shopping center development firm based in Newport Beach, California. Steven
oversees the development and operating functions of the company, including site selection/acquisition,
governmental entitlements, construction, financing and operations. As Craig Realty Group's CEO, he is
responsible for nearly 4.3 million square feet of existing retail development and over 2 million square feet
of retail under construction and development.
Before founding Craig Realty Group in 1995, Steven was formerly president, chief operating officer and
director of Chelsea Property Group (formerly Chelsea GCA Realty, Inc.) a New York Stock Exchange
REIT. Prior to co-founding Chelsea GCA, Steven was a principal and managing partner of its predecessor
company, Ginsburg Craig Associates. During his ten-year tenure at Chelsea GCA and Ginsburg Craig
Associates, Steven was responsible for the development of 10 centers located in 5 states that had a total
GLA of 2.44 million square feet.
Steve Jarecki - Principal
Steve Jarecki is a co-founder and principal of CJK Investments, a privately held real
estate investment and management company headquartered in Newport Beach,
California.
if z
s Prior to forming CJK Investments, Mr. Jarecki was Senior Vice President and Director
of Acquisitions and Dispositions for KBS Realty Advisors (KBS) in Newport Beach,
CA. During his 15 year tenure at KBS, Mr. Jarecki was responsible for sourcing and closing 20 office
building acquisitions in the Western U.S. totaling nearly $1 billion. Additionally, Mr. Jarecki facilitated
the marketing and closing of 70 property dispositions totaling over $1 billion, including office, retail,
industrial and land investments located in California, Arizona, Colorado, Oregon and Texas.
While at KBS Realty Advisors, Mr. Jarecki also held the position of Senior Vice President and Portfolio
Manager and was responsible for seven separate accounts and commingled funds formed in partnership
with domestic state and corporate pension plans. The portfolio assets were located in markets across the
U.S. Mr. Jarecki joined KBS in 1995 as Vice President and Asset Manager with an emphasis on initiating
and executing hands-on value added strategies for distressed shopping centers, office buildings and
various industrial/flex hybrid assets. Prior to his recruitment to KBS Realty Advisors, Mr. Jarecki held
various positions over a seven year span at Donahue Schriber, a Newport Beach based shopping center
development company. Mr. Jarecki holds a Bachelor of Arts degree from the University of California Los
Angeles and has been an active panelist/speaker at industry events including ICSC Los Angeles Idea
Exchange, USC Lusk Center Southern California Market Forecast and CBRE Capital Market
Symposiums.
David Kray - Principal
David Kray is a co-founder and principal of CJK Investments, a privately held real
estate investment and management company headquartered in Newport Beach,
California.
Prior to forming CJK Investments, Mr. Kray was Senior Vice President for KBS
Realty Advisors in Newport Beach, CA. During his eight year tenure, Mr. Kray was a
market leader in the asset management of investments located throughout the Western U.S. Mr. Kray had
an additional emphasis of facilitating acquisitions of over $1.5 billion within his region. His full cycle
investments resulted in hundreds of millions in profits to investors.
Prior to joining KBS Realty Advisors, Mr. Kray was a Co-Founder/Principal of Pacific Capital Investors,
an Irvine and Tokyo based private investment fund. Pacific Capital Investors was one of the first U.S.
entities to purchase a $1.8 billion USD portfolio of non-performing real estate loans in Japan during the
Asian financial downturn.
Mr. Kray has held senior positions in institutional real estate investment and development firms including
Tooley & Company (acquired by Trammell Crow Company), and Bowers Perez Associates (formerly
Ratkovich Bowers Perez, Inc.). He began his career at CB Commercial (CB Richard Ellis) in Beverly
Hills as a real estate investment broker.
Mr. Kray has a diversity of experience in acquisitions, asset and portfolio management, dispositions,
development, project leasing, and capital raising; in product type that includes office, R&D./flex-tech,
industrial, retail properties and non-performing loans. He has been involved in the acquisition,
development and management of millions of square feet of projects having value of over $5 billion.
Mr. Kray is a native of Los Angeles and a graduate of the University of Southern California. He has been
involved in several industry organizations including the Urban Land Institute, International Council of
Shopping Centers, National Association of Industrial and Office Properties and the Harvard University
Graduate School Office of Education Leadership Program.
Jan Tatala - Principal
Jan Tatala is a co-founder and principal of CJK Investments, a privately held real
estate investment and management company headquartered in Newport Beach,
California.
Prior to founding CJK Investments, Mr. Tatala served as an Acquisition Associate at
KBS Realty Advisors (KBS). While at KBS, he was directly involved in the
acquisition of over $750 million in real estate investments totaling over 5 million square feet. In addition
to acquisition responsibilities, Mr. Tatala was actively involved in the asset management of the western
region portfolio.
Before joining KBS, Mr. Tatala was with Faris Lee Investments where he specialized in underwriting
retail real estate investment opportunities.
Mr. Tatala earned a Bachelor of Science degree from the University of California, San Diego and a
Master of Business Administration degree from Cal Poly, San Luis Obispo. Mr. Tatala is currently a
member of NAIOP, ULI, ICSC and is a licensed Real Estate Broker in the State of California.
Jarecki Kray Pro i ect List
Retail
Square Feet
Sunrise Village
Fullerton, CA
134,000
University Mall
Davis, CA
96,000
Antelope Valley
Lancanster, CA
128,000
Town & Country
Torrance, CA
40,026
San Fernando
San Fernando, CA
223,043
Telephone Road
Ventura, CA
97,496
Mann Theaters
Ventura, CA
22,644
Thomas Winery
Rancho Cucamonga, CA
100,218
Poinsettia Center
Ventura, CA
97,319
Main Retail
Ventura, CA
55,750
California Center
Palmdale, CA
40,428
Palmdale Promenade
Palmdale, CA
95,392
Mission Escondido
Escondido, CA
41,447
Tennant Station
Morgan Hill, CA
246,704
Chino Hills
Chino Hills, CA
324,108
Bixby Center
Long Beach, CA
20,740
Voss Corona
Corona, CA
68,435
Blackhawk
Danville, CA
205,296
Newport Hills Center
Newport Beach, CA
100,000
Bayside Center
Newport Beach, CA
100,000
Michaels' Plaza
Riverside, CA
67,806
Eastbluff Center
Newport Beach, CA
100,000
Harbor View Center
Newport Beach, CA
100,000
Westcliff Plaza
Newport Beach, CA
150,000
Del Mar Highlands Town Center
San Diego, CA
272,567
La Jolla Village Center
La Jolla, CA
200,000
Montebello Town Center
Montebello, CA
800,000
Del Norte Plaza
Escondido, CA
250,000
Von Karman Plaza
Irvine, CA
250,000
Southgate Plaza
Sacramento, CA
550,000
Lakeside Plaza
Stockton, CA
72,829
Bekins Pier One Import Conversion
Santa Monica, CA
Ladera Center
Los Angeles, CA
Beverly Connection
Los Angeles, CA
Wiltern Theater
Los Angeles, CA
Fallbrook Square
Canoga Park, CA
Granada Hills Plaza
Granada Hills, CA
Mart of Montebello
Montebello, CA
The Village at Indian Wells
Indian Wells, CA
Wellington Square
Amarillo, TX
103,697
Hilldale Village
Arlington, TX
55,000
Olde Town
Brazona, TX
35,684
Lakewood Forest
Houston, TX
61,467
K -Mart Portfolio - 5 shopping centers
Various locations - Western US
Various high-end street retail shops:
Rodeo Drive, Canon Drive, Beverly Drive, Beverly Hills; and Melrose Avenue, Beverly
Boulevard, 3`d Street, Robertson Blvd, La Cienega Blvd, West Hollywood, CA
Class "A" Office
Mt. Diablo Plaza
Walnut Creek, CA
319,000
Mountain Bay Plaza
Mountain View, CA
165,390
Paseo Del Mar
San Diego, CA
232,300
1401 Dove
Newport Beach, CA
74,405
4590 MacArthur
Newport Beach, CA
118,827
Sepulveda Center
Los Angeles, CA
173,727
Parkridge Four
Littleton, CO
192,359
4000 MacArthur
Newport Beach, CA
373,447
Dupont Centre
Irvine, CA
250,867
ABC Ent. Ctr/Century Plaza Towers
Century City (Los Angeles), CA
Wilshire Crescent
Beverly Hills, CA
9701 Wilshire Boulevard
Beverly Hills, CA
Water Garden
Santa Monica, CA
Rio Vista Tower
San Diego, CA
City Tower/One City Boulevard West
Orange, CA
Griffin Towers
Santa Ana, CA
Westwood Gateway
Westwood (Los Angeles), CA
Murdock Plaza
Westwood (Los Angeles), CA
Gainey Center II
Scottsdale, AZ
146,770
Scottsdale Financial III
Scottsdale, AZ
150,638
3131 & 3133 Camelback
Phoenix, AZ
296,417
Scottsdale Gateway I
Scottsdale, AZ
106,449
92 Mountain View
Scottsdale, AZ
116,200
Kierland One
Scottsdale, AZ
175,191
101 University
Denver, CO
49,176
210 University
Denver, CO
128,845
The Citadel
Denver, CO
130,652
16 Market Square
Denver, CO
206,272
383 & 385 Inverness
Englewood, CO
120,171
WaterPark II & III
Aurora, CO
210,838
Tower Colorado
Denver, CO
200,000
Union Tower
Lakewood, CO
200,000
Point at Inverness
Englewood, CO
200,000
Continental Center
Kirkland, WA
75,753
Triangle Corporate Park
Tigard (Portland), OR
133,099
Other Office
Westchestor Corp.
Bakersfield, CA
94,389
Baytech
Garden Grove, CA
41,184
Von Karman Corporate Center
Irvine, CA
450,000
Birch Corporate
Brea, CA
70,552
Guarantee Financial
Fresno, CA
152,794
Hughes Micro Electronics/Loral Aero
Rancho Santa Margarita, CA
300,000
77 East Shaw
Fresno, CA
96,675
Mission Center
San Diego, CA
187,445
Ball Road
Anaheim, CA
115,352
625 Second Street
San Francisco, CA
134,847
370 San Aleso Avenue
Sunnyvale, CA
53,150
3200 North First Street
San Jose, CA
85,000
9815 Goethe Road
Sacramento, CA
80,000
Bridgeway Tech Center
Newark, CA
187,265
Orange Financial Center
Orange, CA
Orange Commerce Center
Orange, CA
Airport Marina Center
Marina Del Rey, CA
Carnegie Center
Santa Ana, CA
Fine Arts Building
Los Angeles, CA
Phoenix Portfolio
Phoenix AZ - 17 Buildings
1,250,000
Scottsdale Financial I
Scottsdale, AZ
105,457
7th Gate
Phoenix, AZ
42,474
Meridian
Tempe, AZ
30,582
5727 North Seventh
Phoenix, AZ
43,896
Fairmount Place
Phoenix, AZ
77,156
2400 N Central
Phoenix, AZ
50,063
Camelwest
Phoenix, AZ
172,426
Paragon Place
Phoenix, AZ
63,842
Mesa Executive
Mesa, AZ
80,112
Scottsdale Airpark
Scottsdale, AZ
99,911
411 N. Central
Phoenix, AZ
209,668
26th Place
Phoenix, AZ
31,553
Tudor Plaza
Phoenix, AZ
22,584
Metro Executive Park
Phoenix, AZ
74,856
Westmount
Phoenix, AZ
53,420
702 E. Osborne
Phoenix, AZ
35,308
Aztec Square
Phoenix, AZ
56,170
7400 S. Tuscan Way
Centennial, CO
70,660
Financial Plaza
Greenwood Village, CO
133,315
511 Building
Portland, OR
128,000
ADP Plaza
Portland, OR
180,772
Olympic Block
Seattle, WA
70,516
Parkside Tower
Salt Lake City, UT
190,320
Park Green I
Houston, TX
93,433
Fort Bend Office
Richmond, TX
21,000
4211 SWT
Houston, TX
63,770
Bank of America
Pasadena, TX
53,881
Parkview I & II
Houston, TX
175,460
Ashford Place
Houston, TX
131,817
Forum Place
Houston, TX
77,407
Atrium Park 10
Houston, TX
139,834
One Park 10
Houston, TX
34,047
Two Park 10
Houston, TX
57,119
Enterprise Center
Dallas, TX
89,770
Travis Building
Dallas, TX
116,309
Corporate Square
San Antonio, TX
259,638
Escalade
Austin, TX
115,039
3100 Weslayan
Houston, TX
77,569
Bay Tec
Tampa, FL
124,118
Baywood Center
Jacksonville, FL
162,779
Northridge Pavilion
Atlanta, GA
92,039
Galleria 75
Atlanta, GA
113,881
205 W. Wacker
Chicago, IL
259,514
Fox Valley
Chicago, IL
107,224
Florham Park
Florham, NJ
225,557
Florham Park
Florham, NJ
131,579
Florham Park Florham, NJ 151,530
265 Davidson New Jersey 178,244
Norfolk Business Center Norfolk, VA 89,995
Industrial/R&D/Flex
Irvine Technology Center
Irvine, CA
250,000
945 West 190'h Street
Los Angeles, CA
50,000
Beach Commerce Center
La Habra, CA
110,322
Seq I (Micrel)
San Jose, CA
62,714
Research Park
Carlsbad, CA
81,118
Brooks Industrial Park
Montclair, CA
44,389
A&D Business Park
Sunnyvale, CA
93,385
Sharp Electronics/See's Candies
Carson, CA
350,000
2870 Kilgore Road
Rancho Cordova, CA
75,626
Raymond Commerce Center
Anaheim, CA
300,000
Valley View Commerce Center
Santa Fe Springs, CA
50,000
Gateway International Cargo Center
Los Angeles (LAX), CA
Centrepointe Carson
Carson, CA
Arapahoe I & II
Englewood, CO
133,496
Boulder Co. Bus. Center
Longmont, CO
545,348
Applica
Little Rock, AR
562,500
Land
7300 South Tucson Way Centenial, CA 108,900
60 Freeway & Moreno Beach Blvd. Moreno Valley, CA
Boulder Co - Lot 14 Longmont, CO 260,924
Boulder Co -Lot 10
Longmont, CO
250,034
Boulder Co - Lot 12
Longmont, CO
546,242
Boulder - 6, 7, 8, 9, 11
Longmont, CO
2,158,833
Multi -Family
The Terraces at Highland Reserve Roseville, CA 250 units
Non Performing Loans
Bank of Tokyo Mitsubishi Non -Performing Loan Portfolio, Tokyo Japan, approximately 750 non-
performing loans located throughout Tokyo, Yokohama, Osaka and outlying regions. $1.8 billion usd face
value.
Other
Nasa Rockwell Property Downey, CA Pre-development/entitlement
ACACIA
REAL ESTATE GROUP, INC.
6i�41im
David Pittman 1 Principal, Founder
David Pittman is the President and owner of Acacia Real Estate
Group, Inc., established in 1998 and located in Newport Beach,
California. The company is a niche developer of commercial real estate
assets, concentrated within the dynamic Orange County, California
real estate market. Since founding Acacia Real Estate Group, Inc., the
company has developed a number of significant projects throughout
Orange County in excess of $100 million. The company has been
consistently ranked, as compiled by the Orange County Business
Journal, as one of the top echelon developers active in the county real
estate market. A formidable achievement both in terms of longevity
and in the face of competing with much larger organizations. Acacia
has developed a reputation for executing projects that are timely in
manner, under budget and with architectural integrity.
During his business career in real estate he has personally been
involved in the development and management of over 4,000,000 square
feet of commercial properties encompassing retail, office, industrial,
multi -family and other institutional type properties worth in excess of
$1 billion.
With over 25 years in commercial real estate, David Pittman was
previously a partner with Zelman Development and Center Fund
Investments and co-founder of Shopping Centers West all based in
Southern California where he was responsible for procuring and
overseeing development opportunities from acquisitions to project
completion to dispositions and overall portfolio asset management. Mr.
Pittman's scope of real estate knowledge encompasses the entire
Western United States real estate market including Hawaii.
Notable retail project experience includes the conversion and
redevelopment of three former JC Penney Company Treasury
Department Stores in Santa Ana (across from South Coast Plaza),
Woodland Hills and Del Amo into the first Power Centers in Southern
California.
A graduate of the University of Southern California with a degree in
History, Mr. Pittman served as Special Assistant to President Reagan
in Washington, D.C. While at the White House, he worked in the
Domestic, Policy and Planning unit focusing on major national political
issues for the Reagan Administration.
Mr. Pittman is a father of three children and a long-time resident of
Newport Beach.
P R O J F C T
OFFICE
Alton Flex: Tech
. ...............
Acacia Real Estate
Group, Inc. Lm �111
Irvine, California
This project consists
of a 143,000 S.F.
two-story Flex office lip
building on 2.4 acres,, ;
with 4/1000 parking.
Eory Elevation
'on Ele.ot on
A R C H I T E C T S
P
R
O
J
E
C
T S
•
Acacia Real
Estate Group
Irvine, California
This project consists of a
23,000 S.F. two -building
officel "'for sale condo"
which includes 6 units
ranging in size from
2,200 S.F. to 5,000 S.F.
The Parking is 4/1000 on
1.6 acres at Hughes and
Studebaker.
Acacia Irvine
...............
Hughes Avenue Elea° or
A R C H I T E C T S
Acacia Real Estate
Group, Inc.
Lake Forest, California
This project consists
of three two-story Flex
Office buildings totaling
73,000 S.F. on 4.26
acres. The park features
included 4/1000
parking and extensive
views.
Ilf
r
EWry Fevat on
Bake / Orchard
Business Park
III
Eas, Fevat•o-,
A R C H I T E C T S
Acacia Real Estate
Group, Inc.
Cypress, California
This project consists of a
35,200 S.F. 2 building
industrial / R&D "for sale
condo' project, which
includes 8 units rang-
ing in size from 3,800
S.F. to 6,700 S.F., with
55% office space. Also
included with
the project is a
3/1000 park-
ing on 2 acres
on Walker
Street North of
Willow Street.
P R O J E C T S
Acacia Cypress
,................
Wo ke S ee evat on
Q
A R C H I T E C T S