Friday, May 18, 2012

Champion Real Estate Co. Announces New Partnership with Chris Wilson to Acquire, Develop and Renovate $200 Million of Retail Properties Throughout California

 LOS ANGELES, CA, MAY 18, 2012 — Champion Real Estate Company and Chris Wilson (top right photo), founder of Wilson Commercial Real Estate have announced a partnership called Champion-Wilson Retail to acquire, develop and renovate retail properties throughout California.

 Champion Real Estate Company has allocated $50 million of equity to the venture, which could be leveraged up to $200 million in properties over the next three years.  Wilson, will spearhead the new venture’s efforts, while retaining his current role as Founder and Chairman of Wilson Commercial Real Estate.

Champion-Wilson Retail will focus on acquiring existing retail projects with value add opportunity; distressed retail assets and notes; and prime shopping center and urban retail land. The venture also expects to leverage Champion’s public-private expertise to resurrect retail projects abandoned as a result of the demise of Redevelopment Agencies in Southern California. The venture will consider opportunities in prime retail markets ranging in price from $10 million to $100 million. 

“For the past 22 years, Chris has been a leader in the retail brokerage industry on the West Coast,” said Bob Champion (top left photo). “We are confident that now is a great time to take advantage of the recovering retail market and that Chris' knowledge of the market will provide the venture the opportunity to acquire great opportunities.”

"This is an exciting time in the retail industry and I am looking forward to working with Bob and his team on this venture, in addition to expanding the capabilities of Wilson Commercial Real Estate," said Wilson.  "Bob is an commercial real estate icon on the West Coast who has succeeded in this industry countless times over the past 25 years."

 For more information, please visit


David Ebeling
Ebeling Communications
949.278.7851 (Cell)


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