Brad Johnson 

 LAS VEGAS, NV – Tech-based real estate company, Homie has promoted Brad Johnson to general manager for operations in Nevada and Idaho.

 A Las Vegas resident for more than 15 years, Johnson has a wealth of experience in leading teams in the technology and entrepreneurial industries.

 

Yacob Girma

“Given his broad range of experiences and skills, Brad has been a rock for our team in shaping our growth and expansion strategy,” stated Yacob Girma, senior vice president of operations for Homie.

 “His contributions include building infrastructure, managing markets, improving sales processes, incubating new partnerships, and laying the foundation for future expansion. In his role as general manager for Nevada and Idaho, Brad will return to what he is truly passionate about: leading large teams across business lines to a common goal.”

 

Contact:

 

Amy E. S. Maier

 amy@twgpr.com

Homie.com.

Star Partners Deepens Investment in Orange County, CA with Acquisition of 71.616-SF Manufacturing Building

71,616-SF high-tech manufacturing building, Tustin, CA 

TUSTIN, CA – Stos Partners, one of the most active commercial real estate investment and management firms in Southern California, has acquired a 71,616 square-foot high-tech manufacturing property in the Orange County submarket of Tustin, California from a private seller for $19.2 million.

 “This asset is well-suited to serve the life sciences and specialized R&D sectors, making it a strategic addition to our growing portfolio as the appetite in Orange County for these properties continues to grow,” says CJ Stos, Principal of Stos Partners.

 

CJ Stos

“This past year, demand in the market has far outpaced supply with only 239,000 square feet currently under construction dedicated to life sciences space.”

 The existing tenant will vacate the asset upon the end of its current lease term in March, notes Stos.

 “The life science and specialized R&D industries are rarely impacted by market fluctuations as there is always a need for these services,” says Stos.

  “Once the current tenant vacates, we plan to lease up the building to a specialized manufacturer who will benefit from the property’s strong location and high-tech features, positioning the asset for stable cash flow and upside potential amidst tightening vacancies over the next several years.”

 Contacts:

Katie Haga / Elisabeth Manville

The Smart Agency, Inc.

(949) 438-6262

khaga@thesmartagency.com  

 www.stospartners.com.