Acquisitions and Asset Management
Nearon Enterprises has acquired approximately $500 million of industrial, office, retail and multi-family properties since 1999. Our focus is on well-located properties, primarily located in the Western United States. Our objective is to add value through physical improvements to the properties, aggressive management and leasing, and creative financing strategies. In addition to acquisition and management, Nearon prides itself in timely dispositions which allow our company to re-invest capital into properties which have greater upside potential.
Joint Ventures
We have participated in numerous joint ventures, acting both as the limited partner as well as the sponsor or managing member. Our business partners are among the leaders in their respective fields of expertise, including retail, multifamily, industrial and self-storage.
Development Experience
Nearon Enterprises' development experience dates back to the 1950's with office buildings and industrial buildings throughout Palo Alto, Mountain View, and Sunnyvale. Our recent development experience includes a wide variety of product types, including the following:
2007 - 2009 |
Alberto Oaks
Entitlement and construction of a 15,000 square foot office building in Los Gatos, CA. |
2001 - 2009 |
The Markets At Mesa Ridge
Master planning and development of a 560,000 square foot, multi-phase, 88-acre community retail center in Fountain, Colorado. Tenants include Safeway, Lowe's Home Improvement, Walgreens, Sonic, Taco Bell, Citgo/7-11, Advance Auto Parts, as well as numerous other financial services, medical and retail stores . |
2005 - 2008 |
Patriot Business Park
A 33-acre commercial development located just south of Los Angeles Avenue and Highway 118. Development of 300,000 square feet of light industrial, office and general commercial uses. Ground lease for 120,000 square foot Home Depot store. |
2005 - 2007 |
The Village at Moorpark
Development of a new 131,000 square foot retail center in Moorpark, California. Tenants include Petco, Staples, Chick's Sporting Goods, Coldstone, Coffee Bean & Tea Leaf, and Bank of America. |
2005 - 2006 |
Canyon Ridge at Dimple Dell Village
Master planning and development of a 15.5 acre mixed-use project including 172 residential units and 50,000 square feet of commercial space in Sandy, Utah. |
2002 - 2003 |
The Commerce Center at Van Nuys Airport
Redevelopment of a 20-acre industrial site with 340,000 square feet of new
warehouse/light industrial product, adjacent to the Van Nuys airport, in Los Angeles, California. Sold out in 2004. |
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