A PRIVATE
REAL ESTATE
INVESTMENT FIRM

CALIFORNIA
LAS VEGAS
PHOENIX
TEXAS

Properties

Alvarado Industrial Center

artist rendering of Alvarado Industrial Center available for lease in San Leandro

Acquired a 130,000 sq/ft Industrial Center in Aug. of 2017 with Wells Fargo Balance sheet loan. Currently, the property is undergoing full as-built plans, modification structural plans for seismic retrofit of the property, architectural enhancements with new paint scheme and metal awnings, roof overlay, security gate, signage for revenue and branding and parcel mapping for exit in multiple stages. Although Alvarado renovation/construction has not started, we are in the process of designing the structural engineering phase. The following is a summary of planned improvements:

Re-drafting as-built plans and X-ray certain critical structural supports to draft the structural engineering to reduce the PML seismic numbers on approximately 105,000 sq/ft to mid-teens with lender and city approval. These plans will be checked by computer simulation programs for effectiveness.

Implement the approved and calculated seismic measures to significantly improve the structural integrity of the buildings.   

  • Roof overlay on the buildings as needed
  • Security gates to provide a more enclosed campus environment
  • Parcelization of certain buildings to improve strategic disposition
  • Addition of signage for branding and possible billboard revenue
  • Cosmetic enhancement of the center by 3-tone paint and metal trellis over the suite doors

California

Las Vegas

Phoenix

Texas

A PRIVATE REAL ESTATE INVESTMENT FIRM

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