Check size
$5M–$25MBuyer type
DeveloperCoverage
CaliforniaStrategies
- Ground-up
About the firm
- Calbay Development, LLC is a boutique real estate development firm founded with a mission to buy premium commercial properties in California and develop first class retail and restaurant projects with staying power.
Buy boxes
1 activeIn their words
“We buy retail properties, under-performing restaurants, and development sites. We can buy and close all cash or explore a joint venture structure. We acquire and add value to individual sites as well as property portfolios, and consider all size ranges.”
- Single Tenant Net Leased
- Retail & Restaurant Properties
- Drive Thru Buildings Preferred
- Below Market Rents and Near Term Expirations Preferred
- Median Household Incomes above $70,000 Preferred
- California preferred. $5-25 million typical.
Markets
States
As stated: “Our acquisition team has a California presence, focus, and expertise. We know our local property markets and can act quickly for premium investment opportunities.”
Deal profile
- Financing
- All cash