Owner representative, tenant leasing rep, and property manager for community shopping center in Redlands, California. Work included owner representation to other investor groups and anchor tenants involved with center ownership.
StoneCreek’s work included the preparation of redevelopment plans for this major Inland Empire region property, a plan that envisioned a mixed-use district dubbed, “Redlands Marketplace.” Shown below, the facility’s owner’s at the time reviewing redevelopment plans. A unique feature of the great value for the property is the more than 1-mile of north-facing interstate highway frontage bordering the northern boundary of the Tri-City shopping center property. Interstate 10 is one of the primary routes to and from Southern California mountain and desert recreation areas, ski areas, Palm Springs, and the like.
Acquisition program representative for U.S., for Nissho Iwai American Corp. (now Sojitz Corp.)
StoneCreek Partners was retained by Nissho Iwai American Corp. (NIAC, now Sojitz) as owner’s representative for their North American acquisitions program. The retainer relationship included solicitation and screening of investment proposals, initial investment suitability and feasibility evaluations for NIAC, and in select instances, preliminary deal structuring and due diligence support for prospective acquisitions.
Two select examples of additional detailed due diligence support were Calhoun Beach Club and Condominiums situated along the shoreline of Lake Calhoun in downtown Minneapolis, Minnesota, and, Newport-Banning Ranch located in Newport Beach, California. Sojitz was formed in 2004 by the merger of NIAC and Nichimen Corporation.
Owner representation and design-build-operate of public resort golf course in Orlando, Florida, design by Rees Jones.
Resort Public Daily-Fee Golf Club. This prominent public daily fee course in Central Florida, was designed, entitled, and constructed on behalf of the property’s ownership group. Falcon’s Fire golf course was designed by renowned course designer Rees Jones. Western Golf Properties was selected as the operator of the public facility, with a style intended to rival the standards of a private club.
Executive-in-charge of acquisitions program for family office – Newfield Enterprises International. Much of the effort involved acting as a due diligence consultant in managing the deal pipeline and evaluating prospective acquisitions and strategic partners.
StoneCreek Partners was retained as an overall real estate consultant, to evaluate a major $40 million capital improvements program that would re-position the retail podium for a landmark office building.
Scope of work included review of market support from nearby financial district employees and visitors, re-tenanting mix, guest circulation retrofits, and related subjects.