Ground up Retail development in Chatsworth, CA. The area is attractive due to the high volume of surrounding businesses and lunch-time crowds. Speed of project execution was critical, as the sooner the development was completed the faster tenants can occupy the location and revenue can be generated. In this Co-GP partnership, we had to overcome and combat numerous obstacles with the city and jurisdictions. A successful partnership buyout in 2019 let the ownership enjoy long term cash flow preservation.
