Jeremy Mape
Director of Acquisitions @Western Realco
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WORK HISTORY
Director of Acquisitions @Western Realco
Newport Beach, CA, US
As we are a small, entrepreneurial company, my roll includes acquisitions, project entitlements, construction and marketing. Over the last two of years alone, we have successfully purchased, developed, and sold SF of new product per year. Currently we are processing over SF of new development.
EDUCATION
University of Colorado Boulder
Bachelor, Environmental Design at the College of Architecture and Urban Planning
SKILLS
ABOUT JEREMY MAPE
Western Realco is seeking new acquisitions. Ground Up DevelopmentSince 1972 our core business has been ground up development. These are vacant land sites that are well suited for institutional grade industrial/commercial developments. Ideal sites are located in growing markets with manageable size and shape, accessibility to freeways/transportation, and proximity to infrastructure and utilities. Infill Opportunities Validated by our recent Los Angeles and Orange County purchases, we have been focused on Infill Opportunities. Ideal infill sites are in existing, strong industrial markets. They should be easily accessible from freeways and large enough to redevelop.Value-AddValue-add properties are intriguing because of potential intermediate rental income as well as generally quicker investment turnaround time frame and lack of entitlement risk. Value can be created through releasing, improved management and/or repositioning the property. Ideal Value-add properties are in strong markets with short-term leases and under market rental income.* Key Markets include Southern California (specifically San Bernardino, Riverside, Los Angeles, and Orange Counties), Bay Area, and Nevada.** Western Realco acts as a principal and places a high value on its broker relationships. So long as a property is not listed for sale by a competing broker and/or being widely marketed, Western Realco will recognize a procuring broker who registers a qualified Western Realco has accomplished an impressive track record of performance, while maintaining a lean, entrepreneurial, and responsive organization. Western Realco has a long standing relationship with national institutional investors as well as smaller private investors; we can consider a wide range of project size and types. Visit our webiste for a list of current projects.
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