Featured Transactions

711/715 S. STIMSON AVE, INDUSTRY, CA

This two building Industrial Park was recently acquired. At the time of acquisition, the existing tenant was involved in an Assignment for the Benefit of Creditors and the buildings were badly neglected. HPP worked with all parties to successfully transition the existing tenant out of the property, auction and dismantle their equipment and physically renovate the poorly maintained property.

Hager Pacific’s aggressive repositioning strategy resulted in a fully leased building within 6 months of closing escrow. The company was able to increase the asset’s total value significantly through detailed lease negotiations, property marketing, project renovation, and environmental remediation.