A Message from the Westcore Team:
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Impacts from COVID-19 have been profound, and reopening the economy is proving to be a work in progress. We sincerely hope that you and your loved ones are well and safe.
Our firm is fortunate to have started 2020 with a clean balance sheet and a well-established foothold in one of commercial real estate’s healthiest sectors. Our capital partners share our long-term confidence in the continued demand for industrial real estate. Though we are patient and discerning when considering deals, we are actively deploying capital at this time.
Our team is working from home to help flatten the curve, and our professionals in the field take all necessary precautions when having to inspect buildings or respond to our tenants. We are available to you as much as ever, and we look forward to continuing and growing our relationships.
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London Adams Joins Westcore
London Adams has joined us as Westcore
Director of Human Resources
. Originally from Oklahoma, opportunities in industries such as manufacturing, construction, and healthcare have led him to San Diego. He works to create an engaging and rewarding environment for employees to become true brand ambassadors.
London enjoys the outdoors. When he’s not working, you’ll find him hiking, traveling or playing competitive tennis. His favorite time of year? College Football Season!
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Welcome Will Kieckhefer
Originally from Northern California, Will is a recent graduate from Cal Poly San Luis Obispo who has joined Westcore as a
Financial Analyst.
Will is extremely excited to be a part of Westcore’s upcoming acquisitions.
In his spare time, he is passionate about skiing, surfing, fly fishing, photography, and spending time outdoors with family and friends.
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Brittany Tucker Joins Westcore as Construction Administrative Assistant
Originally from San Diego, Brittany has recently returned after spending the last three years in Las Vegas. While there, she started her career in commercial real estate, gaining experience in brokerage and development. That experience and knowledge will aid in her contribution to Westcore.
She is excited to be back in California to enjoy the coast and her large family who all live in San Diego.
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How We're Helping The Helpers
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Seeds of Hope
We donated $5000 to
Seeds of Hope
, an organization that instills values, builds relationships and provides opportunity for underprivileged kids and their families. Because of Covid -19, many of these children are having educational challenges and our donation will help with academic support.
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Feeding Local
Healthcare Workers
#HealthCareHeroes
In Southern California, we donated $5,000 help support and feed local healthcare workers by dropping off food and snacks to their place of work, while also supporting the local San Diego economy & local restaurants with take-out! Learn more at
GoFundMe.org
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Oakland Area Family Law Center & Alameda County Community Food Bank
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San Jose Industrial Warehouse Acquired for $20.5 Million
In March, we acquired a 81,475-square-foot, 30-foot clear height industrial warehouse in San Jose, California for $20.5 Million. The undisclosed seller will lease back part of the building, which, including one other tenant, is 100% occupied.
Westcore was unrepresented in the transaction while the Seller was represented by
Jeff Ida
, First Vice President of
Marcus and Millichap.
[Find out more]
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Hello, Englewood!
In February, we acquired a 149,652-square-foot, Class A warehouse in Englewood, Colorado for $23 Million. Dove Valley Business Center is a newly constructed, 50% leased, state-of-the-art industrial property.
A big thanks to
Bo Mills of JLL
and
Tyler Reed and Dominic DiOrio
of
Stream Realty Partners
for their assistance in this deal..
[Find out more]
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Phoenix Industrial Property Acquired for $12.4 Million
Earlier this month, we acquired a 148,689-square-foot, Class A industrial warehouse located at 4455 West Camelback Road in Phoenix, Arizona for $12.4 million.
Thanks to
Phil Haenel, Andy Markham,
Mike Haene
l, as well as
Will Strong
, of
Cushman &Wakefield
for helping us secure the property
[Find out more]
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10+ Acre Temecula, CA. Acquisition Offers Additional Development Opportunity
We recently acquired a 65,625-SF warehouse for $10.8 million in the Temecula, California submarket, that offers expansive yard space and room for additional development. The warehouse property, located at 27731 Diaz Road, offers several in-demand features, including 14 dock-high doors, 30-foot clear height, cross-dock configuration and a large decomposed granite secured yard.
Thanks to
Brad Yates
and
Sefan Pastor
of
Colliers International
, and
Barret Woods of Lee & Associates
for their assistance in this deal..
[Find out more]
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ABB Electrification Leases 400,000-SF Industrial Building
ABB Electrification leased our entire West80 industrial building in Phoenix, AZ and hopes to create up to 100 jobs in that marketplace. ABB chose our West80 Industrial Building as its West Coast Distribution Center to support the western region because the location and state-of-the-art features of this property met all of their needs.
Props to
Mike Haenel, Andy Markham
and
Phil Haenel
of
Cushman & Wakefield
for helping us with this lease
[Find out more]
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Have an industrial deal for consideration? Contact our acquisitions team today!
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