Closed Transactions | PGI Real Estate

73-956 Desert Bloom Trail – Palm Desert, CA

This exclusive residence is located within the Weiskopf-Moorish designed golf course and community of The Reserve. Walls of disappearing glass provides a seamless flow from inside this extraordinary residence to the private patio, pool and entertainment area with fireplace and media center. Stunning architecture incorporates 4 bedrooms, 4.5 baths with an expansive great room and dining area all open to the kitchen. A large custom stone fireplace is the focal point of the master bedroom, which also includes a spacious bathroom and his/her closets. All bedrooms include attached baths.

9411 Alcorn St – Houston, TX [Trussway Manufacturing]

• Corporate HQ for Industry Leader
• Generational 30+ Acre Parcel
• Absolute NNN with Annual Increases
• ± 70% Below Market Rent

Trussway is operating under an Absolute NNN lease structure.  The parcel features 30+ well-shaped acres strategically positioned at the top end of I-610 between I-45 and I-69, offering ample capacity for future development.

Trussway is a leading U.S. manufacturer of floor trusses, roof trusses, and pre-assembled door and window openings serving specialty–multi-family, senior and student housing, light commercial and single-family construction. Trussway was founded in 1972 and employs nearly 1,000 people.

20702 Linear Lane, CA

• ±14,453 SF Single-Story, Free-Standing Building
• ±2,000 SF of Office Area
• Large Secured Yard (±6,500 SF)
• Compressor in Yard Area
• ±2:1,000 Parking Ratio
• Fully Sprinklered (.33/3,000 GPM)
• 400 AMPS of Power
• ±18’ Warehouse Clearance
• Office and Shop Restrooms
• Three (3) Ground Level Doors
• Space Heaters in Warehouse
• Easy Access to the Foothill 241 Transportation Corridor
• Close Proximity to Many Retail Amenities

2575 McCabe Way – Irvine, CA

• Built 1980
• +/- 28,300 SF RBA
• +/- 60,835 SF Land (1.40 ac)
• 405 Freeway Frontage with 294k Avg Daily Traffic Counts (ADT)
• Zoning 5.1—IBC Multi-Use (Hospitality, Residential, Senior Living, Commercial)

The building will be the new home of Tax Resolution Plus.  Tax Resolution Plus is a highly regarded tax resolution services company currently based in Santa Ana.  The new Ownership intends to completely renovate the Property, occupy the second floor as their home office, and convert the first floor into a state-of-the-art event center.

Restaurant with Patio – Rancho Santa Margarita, CA

• Available Immediately
• Contiguous to ARCO AM/PM Gas Station
• 1,096 SF Interior + 447 SF Patio = 1,540 Total SF
• Busiest Intersection in Ranch Santa Margarita – 76,000 ADT

Creative Office – Beautifully Restored Bank Building – Oxnard, CA

This beautiful meticulously restored historic bank building has been converted into a beautiful creative office building with high ceilings, large open work areas, offices, conference rooms, a full kitchen and much, much more.

143 W 5th St, Oxnard, CA 93030 – Office for Lease | LoopNet.com

Restaurant – Rancho Santa Margarita, CA

RESTAURANT
PLAZA EMPRESA +2,660 SF
29870 Santa Margarita Pkwy
Rancho Santa Margarita, CA 92688

Taco Bell – 26656 Portola Pkwy, Foothill Ranch, CA

Assisted in the valuation and market rent lease renewal of an existing Taco Bell in Foothill Ranch.

FEATURES INCLUDED:
• Outstanding location
• Two Monument Signs
• High image building design
• Close to CA-241 (@ Alton Pkwy)
• 46,174 SF pad (1.109 ac gross / 1.06 ac net)
• 2,720 SF drive-thru building with two patios
• Hard corner with great visibility & street exposure

Tuft & Needle Corporate Headquarters & Showroom, Phoenix, AZ

Represented the Buyer in the acquisition of the Tuft & Needle Corporate Headquarters & Showroom in Phoenix, Arizona, a single tenant NNN leased investment whose Tenant is one of the most revolutionizing, exciting, and fastest growing companies in the nation.  Tuft & Needle was founded in 2012 by two software engineers from Silicon Valley who were fed up with sky-high prices and a lack of transparency in the mattress industry.  Many have drawn a comparison between Tuft & Needle and Uber, claiming Tuft & Needle is doing to the mattress industry what Uber did to the taxi industry.  Today, an estimated 1,000,000 people sleep on a Tuft & Needle mattress.

Huntington Club (fka SeaCliff Country Club) – Huntington Beach, CA

SeaCliff Country Club consisting of approximately 143 acres of land with an eighteen-hole championship golf course, practice facility, golf clubhouse, swimming pool and a large tennis facility located near the ocean in Huntington Beach, California.  Completed the Due Diligence and negotiated the acquisition of the Leased Fee from National Golf Properties.   Subsequently, negotiated and secured new financing with AIG.

21501 S. Brookhurst – Huntington Beach, CA

The shopping Center was Built in 1989 on a former Texaco service station site. As a result, the site would need on-site remediation due to water contamination, as is common for former gas station sites. Seller wanted to sell to an all cash buyer so that financing would not be an issue.
There were eleven (11) offers on the property, three (3) at full price. Seller chose PGi’s buyer as it was an all cash offer. In addition, PGi had a successful track record, having recently represented a buyer in the purchase of the SeaCliff Country Club leased fee, also in Huntington Beach. Portions of the 18-hole championship course are located on former Chevron oil wells. PGi’s experience in environmental matters helped seal the deal.

Spanish Hills Club – Camarillo, CA

Completed due diligence, negotiated the acquisition of the Leased Fee & Leasehold, and represented the Buyer in the acquisition of the Spanish Hills Country Club.    Located in the scenic hills of Camarillo less than one hour from Los Angeles, Spanish Hills Country Club offers breathtaking views of the mountains and Pacific Ocean.  Spanish Hills Country Club begins with the superb 18-hole championship golf course designed by Robert E. Cupp.  The spectacular 40,000 sq.ft golf clubhouse designed by Robert Altevers includes a fitness center. Adjacent is the tennis clubhouse, five tennis courts and a beautiful pool all enveloped by incredible landscaping.

Laguna Lido (Leased Fee) – Laguna Beach, CA

Represented leasehold owners in a leased fee acquisition and conversion of a co-op to condo project in Laguna Beach, CA, known as Laguna Lido. Located on the water in Tortuava Cove in Laguna Beach, Laguna Lido was a 48 unit co-op on leased land. The transaction was divided into two steps to accommodate the Seller’s 1031 exchange and minimize carry costs for the co-op until the conversion was complete. Creative partial Seller financing, combined with synchronized closings allowed the land purchase and conversion to be executed simultaneously eliminating the need for any mezzanine financing, and allowing the land purchase to be completed with NO CASH required from the owners. The conversion also provided over $500,000 for immediate renovation of common areas. Net increase in equity was approximately $500k per unit, for a total net equity increase of approximately $24 Million.  Project aggregate value in excess of $100 Million.

River Rock Condominiums – Northern California

Sponsor & Equity Partner in the acquisition and conversion of an apartment to condo project in Stockton, CA.  Originally known as Pacific Commons Apartments, and located on Pacific Avenue next to University of the Pacific, the 152 unit apartment project lent itself well to a condo conversion.  Through a creatively structured net-lease with option to purchase, the entire condo-conversion and acquisition was completed with relatively minimal equity and risk.  Units were remodeled and sold in coordination with apartment vacancy attrition, to minimize vacancy loss and maintain a healthy and vibrant occupancy level.