This client, a pension fund adviser, presented Meissner Jacquét with the management portfolio of four retail centers, including Rancho San Diego Shopping Center. The centers are located in San Diego County and together, they total 599,136 square feet.
Meissner Jacquét Initiatives:
Included creating budgets, collecting long-standing delinquencies, resolving CAM disputes from previous years, increasing levels of maintenance, and maintaining positive tenant relations. Read more
A 147,207 squarefoot shopping center located in Carlsbad, CA. The center has 41 tenants and is anchored by a Vons grocery store and an Ultra Star Movie Theatre. In addition, the center has four out-parcels that feature a Wells Fargo Bank, Tuscany Restaurant, and Blockbuster Video.
Meissner Jacquét Initiatives:
Improvements implemented at the center included repainting of the exterior façade and upgrades to the parking lot lights and drainage system. The exterior signage and awnings were also rehabilitated to further improve the aesthetic value of the center and to draw and retain pedestrian foot traffic. Read more
Paseo Carlsbad is a 76,000 square foot retail center located in Carlsbad, CA. The center is comprised of a blend of boutique shops, services, and eateries, and is anchored by a restaurant row including King’s Fish House, P.F. Chang’s China Bistro, and BJ’s Restaurant and Brewhouse.
Meissner Jacquét Initiatives:
Included providing pre- and post-development site and building services to prepare the property for tenancy, managing all property operations and controlling all leases. Read more
La Costa Plaza, Rancho Bernardo Plaza, and La Jolla Colony Plaza are neighborhood shopping centers located in La Costa, Rancho Bernardo, and La Jolla, CA respectively. Together, the properties total more than 450,000 square feet. Each center is anchored by a Vons, Ralphs or Albertsons grocery store.
Meissner Jacquét Initiatives:
Included a commitment to increasing the value of each asset, which translates to responsive tenant service, accurate and complete CAM billings and collections, and excellent grounds maintenance. Read more
The Courtyard is a 130,000 square-foot power center that houses key tenants such as Linens N’ Things, Borders, Staples, and PetCo.
Meissner Jacquét Initiatives:
The main objectives for this center include providing exceptional tenant service, maintaining the parking lot surfaces and common areas that experience heavy traffic, and delivering on time, accurate monthly financial reporting. Read more
Canyon Gateway Plaza is a 124,408 sf shopping center located in Chula Vista, CA, and Palm Ridge is a 27,600 sf center located in San Diego, CA.
Meissner Jacquét Initiatives:
The strategy for Gateway Plaza was to improve property maintenance, complete unfinished capital improvements, and enhance tenant relations to increase customer traffic. Outstanding accounts were aggressively pursued and operating expenses were decreased in order to secure high occupancy levels and renewed leases at market rates. At Palm Ridge, deferred maintenance projects were completed to allow for the proper positioning for the sale of the asset. Read more
Bressi Village is a 120,000 square foot retail center located in Carlsbad, CA. The center is comprised of a blend of shops, services, restaurants and eateries, and is anchored by a Stater Bros. and Trader Joe’s.
Meissner Jacquét Initiatives:
Included providing pre- and post-development site and building services to ready the property for tenant occupancy, managing all property operations and administering all leases. Read more
Valley Corporate Center, a 170,000 square-foot, Class-A mid-rise office building with 45 tenants, occupying space ranging from 500 square-feet to half-floors, is located in Mission Valley, CA.
Meissner Jacquét Initiatives:
Included the establishment of an on-site office, completion of a major rehabilitation project of the common areas, and negotiation of all lease renewals. Such successful initiatives enabled the owners to sell the building for a considerable profit over a three-year hold period.
SeaView Office Park is a 355,735 square-foot, four-building office and biotechnology complex, that is included in a portfolio consisting of 822,224 square feet of office, industrial, and retail properties. Pfizer, the world’s largest pharmaceutical company, became the Class-A property’s largest tenant when it signed an 11-year lease for a 61,000 square foot campus, featuring amenities such as hiking trails, an on-site café, and a fitness center.
Meissner Jacquét Initiatives:
Maintained the property at a Class-A level while managing all property operations, administering all leases, reducing CAM expenses, and increasing net operating income. Read more
Kelly Corporate Center is a multi-tenant property consisting of 71,478 square feet of office space located in Carlsbad, CA. Wateridge Technology Center is a 128,296 square-foot, two-building office property located in Sorrento Mesa, CA.
Meissner Jacquét Initiatives:
Included the management of Kelly Corporate Center through the transition from a construction stage to a stable, operating property, while focusing on lease renewals with existing high-profile tenants and introducing the property to prospective tenants. Read more