West Coast Commercial (“WCC”) is a privately held commercial real estate development company focused on acquiring value-add, distressed and opportunistic commercial real estate. Our acquisition strategy seeks to identify and purchase single and multi-tenant industrial, office and retail property with low occupancy rates, vacancy or management and leasing challenges. WCC’s real estate investment guidelines generally target Class B or C assets located in high-demand sub-markets that can be significantly improved, operationally or physically rehabilitated to increase cash flow. WCC pursues strategically located properties in primary, secondary and tertiary geographic markets that can be repositioned and stabilized to maximize intrinsic value through disposition.
WCC’s portfolio achieves consistent year-over-year growth through identifying value-add and distressed properties that meet our strict underwriting guidelines. We mitigate risk in repositioning and rehabilitating properties, while concurrently launching aggressive marketing and leasing campaigns to generate leads and procure qualified tenants. WCC does not over leverage the collateral and conservatively moderates the use of equity and debt. Once properties are stabilized, WCC focuses on maximizing cash flow and return on investment, while mitigating market exposure to downside investment risk.
West Coast Commercial’s portfolio growth is achieved by identifying and acquiring core assets across the investment risk spectrum with depressed, volatile or zero cash flows that can be repositioned. The firm utilizes financial capital expenditure models to forecast an internal rate of return; operating budget projections and capital allocation reserves to underwrite assets; economic date to create a risk/reward lease matrix to project a rate of return given market conditions relating to demand for space; infuses capital to stabilize, rehabilitate and rebrand core assets; and, implement leasing and asset management campaigns designed to procure qualified tenants, stabilize rent rolls and reestablish positive cash flow.