Done Deals: Stos Partners Turns $48 Million in Investments into Nearly $83 Million in Sales

Saturday, July 31, 2021

Stos Partners Turns $48 Million in Investments into Nearly $83 Million in Sales

SOLD: 228,912 square-foot industrial
asset at 42301 Zevo Drive in the Inland
Empire submarket of Temecula, Ca

CJ Stos

Temecula, CA – Stos Partners, one of the most active commercial real estate investment and management firms in Southern California, has announced the $40.75 million sale of a 228,912 square-foot industrial asset in the Inland Empire submarket of Temecula, California, bringing its total sale volume for the month of July 2021 to $82 million.

“Our two most recent sales demonstrate the magnitude of value creation that is possible in the current market with the right industrial investment strategy,” says CJ Stos, Principal at Stos Partners.

“We were able to successfully turn $50 million in investments into $82 million in sales within an 18-month ownership period.

"This reflects the strength of our investment platform as well as the ever-increasing institutional appetite for well-positioned, well-located industrial product.”

Darla Longo

Stos’ most recent sale in Temecula was to a San Diego-based private institution. Stos initially acquired the asset for $28.9 million in April of 2020 and implemented a value-add program through which the firm successfully secured a long-term tenant and ultimately achieved a 41% value increase.

Jason Richards

“We recognized early on that this asset was located on a path of growth, with a tremendous amount of unrealized value,” says Stos.

“This sale speaks to our expertise in acquisitions and execution, and to the depth of our broker relationships, through which we were able to identify this asset and complete its strategic lease-up and sale.”

The firm’s recent transactions also reflect continued demand in the industrial sector, buoyed by strong local fundamentals, as well as emerging and accelerated trends over the past year and a half, notes Jason Richards, Partner at Stos Partners.

“We are extremely well-capitalized and have an exceptional understanding of these Southern California industrial markets, so we are able to move and act quickly to close deals and execute our business plans when the timing is right,” says Richards.

Barbara Perrier

According to Jay Boyle, Executive Vice President at Stos Partners: “While many firms hit pause and sidelined early in the pandemic, we had the foresight, confidence, and expertise to forge ahead.

Jay Boyle

"Because of this, we were able to create rapid value for our partners and investors, and ultimately achieve these respective 123% and 41% value increases in a relatively short hold period.

"These fundamentals bode well for the future, as we continue to actively acquire well-located industrial and office properties throughout Southern California and Texas.”

The firm’s most recently sold property is located at 42301 Zevo Drive in Temecula, California.

Darla Longo, Barbara Perrier, Louay Alsadek and Hunter Rowe with CBRE represented the buyer.

Louay Alsadek

Bob Willingham with Kidder Matthews and Scott Stewart with Lee & Associates represented Stos Partners as the seller in this transaction.

About Stos Partners

Stos Partners is a privately held commercial real estate investment and management firm that invests in real estate directly and in partnership with high net worth and institutional investors.

Hunter Rowe

With a track record spanning over one billion in transactions to date, the firm targets the most competitive risk-adjusted returns in the marketplace through opportunistic acquisitions, strategic redevelopment, and ground-up development of both institutional and small-to-mid-cap commercial properties.