10/21/2013<< Back to Facilities Management Press Releases Home
Trigild Adds $50 Million Portfolio Of Retail Properties
Strip Centers Located through Midwest, West and Southeast
SAN DIEGO, Calif. – Continuing its nationwide expansion, Trigild, a San Diego-based real estate firm specializing in property and asset management services, has taken over a portfolio of 37 strip centers encompassing 600,000-square-feet of retail space and valued at more than $50 million.
Coldwater Portfolio Partners, LLC, tapped Trigild to take over day-to-day operations – including lease administration and maintenance operations – for the properties, located in 17 states throughout the Southeast, West and Midwest, including Iowa, Colorado, Michigan, Illinois, Michigan, Louisiana, Wisconsin and Indiana.
According to Josh Hall, Trigild’s regional director of real estate/east, most of the retail centers range from 9,000 to 37,000 square feet, consist of two to seven tenants and are shadow anchored by a Walmart Super Store. “The centers are well occupied, with high profile tenants such as Dollar Tree, GameStop and Radio Shack,” he said.
This latest deal marks a major milestone in Trigild’s nationwide growth, Hall said. “Over the years, we have developed a full service national platform with the ability to service the, office, retail and multifamily sectors,” he said. “The addition of this large portfolio solidifies our growing national presence, as well as our capabilities across all asset classes.”