Revitalizing Neighborhood Retail.
The West Hive Capital Vision
Our Commitment to Neighborhood Retail
At West Hive Capital, we believe retail spaces should serve a greater purpose—they should be active, valuable parts of the communities they serve. We focus on transforming overlooked retail properties into welcoming, functional centers where businesses can grow, jobs are created, and neighborhoods connect. We specialize in revitalizing strip malls and neighborhood shopping centers, tailoring each project to reflect the unique needs of the local community. By working hand-in-hand with local business owners, community leaders, and neighbors, we revitalize spaces to bring people together and drive long-term progress for everyone involved.
The West Hive Advantage
At West Hive Capital, we bring a unique combination of expertise, experience, and vision to every project. With a deep understanding of the Southern California and Phoenix markets, and a growing presence in Nashville, Austin, and Boise, we specialize in identifying and revitalizing neighborhood retail properties that others might overlook.
We have assembled a team of industry experts across real estate development, leasing, property management, design, construction, and capital markets, to ensure we deliver our projects at the highest possible standard in the quickest amount of time.
Our Core Values
Teamwork
Development is a collaborative effort, and we know success comes from working hand-in-hand with our investors, partners, and communities.
Continuous Growth
We strive to improve every day, ensuring that our work and expertise evolve with each new challenge.
Purpose-Driven
Our projects are more than investments—they are opportunities to make a positive impact.
Clear Communication
Transparent, open dialogue is the foundation of every successful project.
Win-Win
Success is delivering the perfect deal—where the seller, our team, investors, and communities all benefit.
Why Value-Add Retail?
Rising Consumer Demand
The national population growth and diverse demographics across the United States contribute to a growing demand for retail spaces, ensuring a reliable stream of potential customers and tenants. Consumers' evolving shopping habits, such as the blend of online and in-store purchasing, continue to drive retail activity.
Prime Locations
Value-add retail properties across the country often occupy prime locations in high-traffic areas, from bustling urban centers to suburban hubs, providing a significant advantage in attracting customers and top-tier tenants. This makes these properties attractive for both investors and retailers.
Redevelopment Potential
Many retail properties nationwide are ripe for redevelopment, particularly as older malls and shopping centers are repurposed to meet current consumer preferences. This presents an opportunity to modernize spaces and improve their appeal, thereby boosting property value and rental income.
Economic Resilience
As office spaces nationwide face high vacancy rates and multifamily properties experience compressed cap rates, value-add retail properties stand out as a more attractive investment. Retail properties typically offer better returns, higher flexibility in lease structures, and the potential for greater appreciation over time.
Comparative Advantage
With office spaces experiencing high vacancy rates and multifamily properties facing compressed cap rates, value-add retail stands out as a more lucrative investment. Retail properties offer better returns and greater flexibility in lease structures.
NNN Leases
Triple Net (NNN) leases, which are common in retail properties nationwide, mean tenants are responsible for paying property expenses such as taxes, insurance, and maintenance. This structure reduces operating costs for landlords and boosts the net income generated from the property.
Community Revitalization
Investing in value-add retail properties contributes not only to increased property values but also to the revitalization of local communities. Well-designed and attractive retail spaces can transform neighborhoods, attracting visitors and providing valuable amenities to residents and businesses alike.
Vacancy Rates
Nationwide, retail properties generally exhibit low vacancy rates, particularly in strong markets with demand for shopping and entertainment spaces. This high demand allows landlords to command higher rents, thus increasing the profitability of retail investments across the country.
A Strong Foundation in Construction
Years of experience have shaped our ability to deliver exceptional results and create meaningful change in every project we take on.
352,000+ ft²
Revitalized
Bringing new life to underutilized retail spaces, creating vibrant and functional destinations for businesses and communities.
1,300+
Jobs Created
On average, each retail center supports 11 new businesses, each bringing approximately 10-15 new jobs to the community.
22 Properties Across 5 Markets
250+ Projects Managed Before Development
Before becoming developers, we honed our skills as professional project and construction managers, delivering exceptional results for clients across the nation.
All amounts are as of 1/15/2025.
Meet the West Hive Capital Team
Credentials
