Cardinal specializes in the development, operation, and management of self-storage projects, multi-tenant/single tenant industrial properties, and single-tenant industrial buildings.
Cardinal currently manages more than 1.2 million square feet of commercial property in Los Angeles, Riverside, and Orange County.
Our focus today is on select acquisitions in the Southern California market. Leveraging excellent banking relationships with First Republic Bank and our ability to internally finance equity requirements, Cardinal primarily seeks value-added opportunities as well as land parcels to develop regionally.
In recent news, Cardinal is currently building an 88,000 spec industrial building in Eastvale, Ca and started construction on the Napa Commerce Center, six industrial buildings totaling 388,000 square feet in Napa, Ca. In addition, Cardinal is preparing to go to bid on a 110,000 square foot self-storage project to be constructed in the City of Irvine. Construction on this state-of-the-art storage facility is scheduled to begin in the summer of 2018 and be completed mid-2019.
Cardinal will oversee the construction of the project and bring the property into its management portfolio once completed.
Our notable developments over the years include:
- Extra Storage projects in Santa Clarita and Costa Mesa totaling over 150,000 square feet
- The Corona Commerce Center in the City of Corona comprising eight industrial buildings totaling over 60,000 square feet
- A collection of Brea Industrial buildings totaling 50,000 square feet
- Three separate industrial buildings in the City of Industry: a 50,000 square foot build-to-suit, a 40,000 square foot build-to-suit and a 25,000 spec building for sale
Cardinal has assisted partners in entitling land for residential development primarily in the City of Temecula. These projects include the entitlement and sale of:
- 124 lots in the Atherton area
- 79 lots on the Redhawk Golf Course
- 70 lots on Seraphina Road.
Our company also acts an opportunity lender for short-term loans and has serviced more than $10,000,000 worth of loans over the previous five years. Cardinal presently services multiple loans, and in recent years we have successfully worked through foreclosures and several highly complicated transactions.