Reposition and Rehabilitation JLM fully repositioned, re-entitled, rehabilitated and financed mixed use underperforming commercial 8 acre site, increasing GLA from 110,000 sq.ft. to 190,000 sq.ft. on eight acres, located on West Sahara Ave, just west of "The Strip."
Crisis Management; Government Mandated Structural Retrofit
Ten story, 80,000 sq.ft. medical office building with adjacent five story parking structure. City mandated structural retrofit and poor management required major expense recapture to increase cash flow. Successfully worked with City of Santa Monica, architects, engineers, forty limited partners and over thirty medical doctors and medical groups to re-engineer, structurally retrofit and reposition the asset for sale.
Perfected entitlements, successfully defeated governmental and homeowners opposition and developed through El Nino, an approximate 360k sq. ft. community shopping center anchored by Wal-Mart & Albertsons located in Arroyo Grande, CA.
JLM Realty has multiple affiliations with attorneys, financial analysts, tax and governmental experts, bankruptcy specialists, architects, engineers, national and regional brokers as well as a select list of references and are available upon request.
Reposition and Rehabilitation
Crisis Management; Government Mandated Structural Retrofit
Perfected entitlements, successfully defeated governmental and homeowners opposition and developed through El Nino, an approximate 360k sq. ft. community shopping center anchored by Wal-Mart & Albertsons located in Arroyo Grande, CA.