Magellan’s strategy of acquiring, redeveloping and disposing of Class B and Class C properties in both the industrial and self-storage sectors has earned the company a reputation for delivering superbly designed facilities in their local communities and exceptional investment opportunities for the company and its investors.
Magellan Industrial | |
---|---|
Magellan’s long-standing relationships in the industrial sector, its reputation for fulfilling its commitments and its strong execution track record on challenging projects has provided them with early access to excellent investment opportunities. | |
Magellan Gateway – El Monte, CA Magellan addressed significant environmental and entitlement challenges to redevelop a 26 acre former manufacturing site in the city of El Monte, California into an award-winning 502,000 SF Class A industrial park, Magellan Gateway. |
|
Grace Place – Commerce, CA
Magellan was able to acquire this 1 million SF industrial portfolio and execute multiple value-added strategies across the portfolio’s numerous parcels to ultimately achieve outstanding investment returns. |
|
Commerce Business Center Magellan acquired this 200,000 SF Commerce industrial site and used its development and operations experience to add 90,000 SF of Class A industrial space, navigate the property through the economic downturn, and exit to an institutional buyer. |
|
Torrance @ 190th, Torrance CA Magellan was able to creatively and successfully convert this former paint manufacturing facility into a functional multitenant industrial facility. |
|
Magellan Iowa – Riverside, CA Magellan acquired a note and foreclosed on the bankrupt tenant at this former Sweetheart Paper Cup Company site before redeveloping, re-leasing and selling this facility. |
|
Magellan Storage | |
The Magellan Group created a branded self storage portfolio through development and acquisitions over an approximately 15 year period that was a leader in its respective local markets in Southern California in terms of design, management and performance. The strategy was to build and operate this portfolio to institutional quality standards. This strategy was well rewarded when six of the seven Magellan Storage assets were sold in two portfolios to a large public storage REIT buyer in the first half of 2016, and the seventh facility was sold in January 2018. | |
Magellan Storage – Commerce, CA Magellan used its development and entitlement experience to convert a 1958 vintage grocery distribution warehouse to a Class A, award-winning self-storage project. |
|
Magellan Storage, Torrance, CA Recognizing this site’s exposure to the directly adjacent South Bay retail corridor, Magellan redeveloped a portion of this former Standard Brands Paint manufacturing facility into a state-of-the-art self-storage facility that won the MiniStorage Messenger’s “2004 Facility of the Year” award. | |
Magellan Storage, Costa Mesa CA After converting this former industrial facility to self-storage, Magellan leveraged the site’s 500,000 vehicle-per-day visibility on the 405 and 55 freeways and excellent demographics to build and lease a premier self storage, RV storage, and wine storage facility in the heart of Orange County, California. |
|
Magellan Storage, Duarte, CA This warehouse facility, formerly where the Tournament of Roses assembled floats for the Rose Parade, provided an excellent conversion opportunity for self storage in a densely populated infill market, at a very busy intersection adjacent to a new commuter rail line. |
|
Magellan Storage Downtown and Slauson – Los Angeles, CA Magellan acquired these underperforming storage assets and successfully implemented physical and operational improvements to yield substantial occupancy and income increases. |
|