The first phase of AI Northside Industrial Park will include two best-in-class industrial buildings, totaling 280,000 sq. ft. A 32-foot ceiling clearance, ESFR sprinkler system and 200+ foot-wide truck court are a few of the many features that make this an efficient and productive environment for businesses with warehouse distribution requirements.

The AI Northside Industrial Park, located just one mile north of the I-84 interchange at Northside Blvd., boasts a prime location benefiting from the robust business environment of Nampa. Divisible to 28,000 sq. ft. and constructed with attention to details large and small, including: dock high dock doors with padding and load levelers, LED motion-sensored lighting, skylights, Cambridge ventilation systems and slab armor, AI Industrial Park will be an ideal location for a wide array of businesses to call home.

Inquiries regarding additional building specifications or space availabilities, contact Brad Miller or Mike Adler at 208-506-7170 or at adler-industrial.com. Adler Industrial is located at 10259 W Emerald Street, Ste. 100, Boise, Idaho 83704.

“We are pleased with the completion of the construction of these smaller size buildings which remain in strong demand from owner-users,” said Michael Adler, president of Adler. “Riverside County continues to grow and requires more quality industrial product.” added Rod Oshita, President of Fairway Commercial Partners. “The industrial park benefits from a central Inland Empire location and strong labor pool with easy access to interstate 15”.

Phase 3 of the industrial park is designed for an additional 140,000 square feet in four buildings. Larry Null and Charlie Black of Lee & Associates, represented the seller in the transaction and are marketing the remaining buildings.

Adler acquired the project ten years ago. Adler renovated the project and quickly brought the occupancy up to stabilization with multiple lease transactions and was successful in keeping the property well occupied through their holding period, which included the economic downturn.

“We are very pleased with the outcome of this investment as our investors were able to double their investment during a tricky time in the market,” said Michael Adler, president of Adler Realty Investments. “We continue to excel in providing investors with unique investment opportunities providing above market returns.”

Brokers on the deal were Jeremy Ballinger, Todd Witty, Tyler Carner, and Doug Viseur of CBRE who represented both seller and buyer.

In the sale, Adler collected $16.8 mil for Chatsworth Industrial Park, a 152.9k sf ($110/sf) industrial park at the intersection of Nordhoff and Independence in Chatsworth that was purchased by Rexford Industrial Realty.

Adler acquired the project two years ago, when the seven-building project had been in bankruptcy due to a default of the original ownership. Adler was able to create a reorganization plan with the current lender and work through the intricate procedures to get the plan approved and bring the ownership entity out of bankruptcy. Adler renovated the project and quickly brought the occupancy up to 100% with multiple lease transactions.

Bennett Robinson, Craig Peters, and Robert Valenziano of CBRE represented both the buyer and the seller in this deal. Matthew Sullivan from Lee & Associates brokered the purchase for Adler.

In the acquisition, Adler paid $16 mil for four multi-tenant office buildings totaling 164k sf in Phoenix. The property is part of a larger 80-acre mixed-use park called “Corridors” in the Deer Valley submarket of Phoenix. The Alter Group, the developer of the park, was the seller in the transaction.

The office campus is currently 86% leased, including a 41k sf lease with the State of Arizona signed while the property was under agreement for sale. Adler plans to aggressively lease the remaining 23k sf of vacant space at the project and provide a steady cash flow stream for its investors.

James Clark, III of EnTrust Realty Advisors represented both parties in this transaction.

Full Link: http://www.rentv.com/content/southerncalifornia/mainnews/news/18863

Adler acquired the project two years ago, when the seven building project had been in bankruptcy due to a default of the original ownership. Adler was able to create a reorganization plan with the current lender and work through the intricate procedures to get the plan approved and bring the ownership entity out of bankruptcy.   Adler renovated the project and quickly brought the occupancy up to 100% with multiple lease transactions.

“We are very pleased with the outcome of this investment for the original owner and for our capital invested in this property, especially due to the complexity of the transaction when it was purchased and the creative deal structure which it required,” said Michael Adler, president of Adler Realty Investments.  “Adler continues to provide rescue capital to owners who are undercapitalized and need Adler’s expertise to solve financial and operational issues.”

Brokers on the deal were Bennett Robinson, Craig Peters, and Robert Valenziano of CBRE in the Los Angeles who represented both seller and buyer.  Matthew Sullivan from Lee & Associates brokered the purchase for Adler.

About Adler Realty Investments, Inc.

Adler Realty Investments, Inc. is a full-service real estate investment and development firm with over $750 million in acquisitions since inception. ADLER’s real estate portfolio consists of more than 3 million square feet of office, industrial, retail and multi-family residential properties in Texas, California, Colorado, and Arizona and now Georgia, as well as vacant land for future development.  ADLER’s trademark is its unparalleled ability to identify, analyze, negotiate and close transactions involving many different types of real estate. ADLER has the experience and expertise required to execute management and development strategies to maximize a property’s value in the market.

For more information, please contact Michael Adler at (818) 884-2200 or Chris Engel at (818) 480-5501, or visit www.adler-realty.com. Adler Realty Investments, Inc. is located at 20951 Burbank Blvd. Suite B, Woodland Hills, Calif. 91367.

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Stephen Haupt of Colliers Tingey International, Inc. is the listing broker at the property and represented both landlord and tenant on the transaction.

For more information, please contact Alan Sher at (818) 884-2200, or visit www.adler-realty.com. Adler Realty Investments, Inc. is located at 20951 Burbank Blvd. Suite B, Woodland Hills, Calif. 91367.

The project is located at the intersection of Nordhoff Street and Independence Avenue in the highly desirable industrial area of Chatsworth. Adler plans to renovate the project and complete the leasing of the remaining 17,000 square feet of vacant space. While in the process of getting the bankruptcy plan executed, Adler had already taken over the management and leased some of the vacant space and executed renewals with several of the existing tenants.

“We are pleased with the investment structure we were able to create which provided a win-win scenario for all of the parties in the transaction” said Michael Adler, president of Adler. “The creativity in the deal structure, allowed for the original owner to preserve a good portion of their equity, as well as paying off all the creditors in the project.”

About Adler Realty Investments, Inc.
Adler Realty Investments, Inc. is a full-service real estate investment and development firm with over $600 million in acquisitions since inception. ADLER’s real estate portfolio consists of more than 2.7 million square feet of office, industrial, retail and multi-family residential properties in Texas, California, Colorado, and Arizona, as well as vacant land for future development. ADLER’s trademark is its unparalleled ability to identify, analyze, negotiate and close transactions involving many different types of real estate. ADLER has the experience and expertise required to execute management and development strategies to maximize a property’s value in the market.

For more information, please contact Michael Adler at (818) 884-2200 or Chris Engel at (818) 480-5501, or visit www.adler-realty.com. Adler Realty Investments, Inc. is located at 20951 Burbank Blvd. Suite B, Woodland Hills, Calif. 91367.
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