CenterCal Properties, LLC
CenterCal Properties is a privately held, full-service commercial real estate company that acquires, develops, owns, and manages a portfolio of 18+ mixed-use retail destinations across five western U.S. states, leasing space to national retailers, restaurants, and entertainment tenants while offering third-party advisory services through its Value Enhancement Advisory Division.
- Company typePrivate
- Founded1998
- HeadquartersEl Segundo, United States
- Headcount101–250
- GTM typeB2B
- OfferingServices
CenterCal Properties, LLC firmographics
Firmographics- Name
- CenterCal Properties, LLC
- Legal name
- CenterCal Properties, LLC
- Website
- https://centercal.com
- Company type
- Private
- Founded year
- 1998
- Operating status
- Operating
- Headcount range
- 101–250 employees
- Short description
- CenterCal Properties is a privately held, full-service commercial real estate company that acquires, develops, owns, and manages a portfolio of 18+ mixed-use retail destinations across five western U.S. states, leasing space to national retailers, restaurants, and entertainment tenants while offering third-party advisory services through its Value Enhancement Advisory Division.
- Ownership category
- akta.pro rank
CenterCal Properties, LLC industry classification
Industry- Product category
- Commercial Real Estate
- NAICS
- Lessors of Other Real Estate Property (53119), Rental and Leasing Services (532)
- SIC
- Lessors Of Real Property, Nec (6519), Real Estate Dealers (For Their Own Account) (6532)
- akta.pro primary industry
- Core Real Estate (Stabilized/Core-Plus) (FSAAAKAA)
- akta.pro secondary industries
- Real Estate Funds — Core-Plus (FSANAEAG), Real Estate Capital Markets Advisory (Debt/Equity Placement, Refinancing) (BPAJANAE)
Keywords
Where CenterCal Properties, LLC is headquartered
LocationHeadquarters
- HQ city
- El Segundo
- HQ country
- United States
- HQ region
- North America
Offices12 records
Markets served
CenterCal Properties, LLC business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Operations, Personnel, Infrastructure, Marketing or Sales, Supply Chain, Others
Revenue model
- Commercial Property Leasing: Primary revenue stream from leasing retail and mixed-use spaces to national retailers, restaurants, and entertainment tenants across their portfolio of properties.
- Property and Asset Management Services: Property management, asset management, and third-party advisory services generating recurring management fees.
- Development and Redevelopment: Development and construction services for new mixed-use projects and redevelopment of existing retail properties.
Go-to-market motion2 records
Distribution channels2 records
Marketing channels5 records
CenterCal Properties, LLC product offering
Product offeringCore offering
CenterCal Properties is a full-service commercial real estate company that acquires, develops, owns, and manages mixed-use retail and lifestyle shopping centers across the western United States. The company leases space to national retailers, restaurants, and entertainment tenants, and operates a Value Enhancement Advisory Division that provides third-party advisory and asset management services to other real estate owners and investors.
Product overview
CenterCal Properties operates a portfolio of 18 distinct retail and mixed-use properties across five western U.S. states (California, Oregon, Washington, Idaho, Utah). The portfolio includes regional malls, lifestyle centers, neighborhood centers, and open-air shopping destinations ranging from 39,000 SF to 1,200,000 SF. Additionally, the company offers a Value Enhancement Advisory Division that provides third-party consulting services to other real estate owners and investors for reimagining and revitalizing retail and mixed-use properties. The portfolio is managed through a network of 12 offices with over 150 employees, and the company achieved 94% occupancy across its portfolio in Q1 2024.
Differentiator
Problem solved
Functional benefit
Products and services
- 2nd & PCH A coastal mixed-use destination in Long Beach, California with marina views, offering 215,000 SF of national, regional, and locally grown retailers and restaurateurs, featuring art and culture intersecting with walkable streetscapes. For retail and dining tenants.
- Bay Street Emeryville A mixed-use development in Emeryville, California combining retail, entertainment, hospitality and residential uses, designed as a casual village for strolling, shopping and entertainment. For retail tenants and visitors.
- Bridgeport Village The Pacific Northwest's preeminent fashion and lifestyle shopping center consisting of 479,000 SF, offering an array of exclusive, internationally renowned stores and boutiques in Tigard, Oregon. For retail and dining tenants.
- Fig Garden Village Fresno's premier open-air lifestyle center offering a vibrant, welcoming environment with deep community roots and natural charm for shopping, dining, and community connection. For retail tenants.
- Long Beach Towne Center An 870,948 SF open-air shopping center in Long Beach, California, anchored by Lowe's, Sam's Club, and Regal. For retail tenants.
- Mountain View Village An 85-acre mixed-use destination lifestyle center in Riverton, Utah, positioned as a 1,000,000 square foot destination within the fastest growing submarket in the United States. For retail and dining tenants.
- Nyberg Rivers A 298,000 SF retail development in Tualatin, Oregon offering a mix of retail, dining, fitness, and entertainment options. For retail tenants.
- Nyberg Woods A 214,000 SF neighborhood and lifestyle center in Tualatin, Oregon located at Interstate 5 and Nyberg Road with over 2,300 linear feet of freeway frontage. For retail tenants.
- Plaza 183 A 361,000 SF retail center on a 30-acre site in Cerritos, California adjacent to the 605 Freeway, featuring new-to-market national retailers and well-known restaurants. For retail tenants.
- Station Park A 1,200,000 SF premiere mixed-use lifestyle center in Farmington, Utah situated 15 miles north of Salt Lake City at the convergence of Interstate 15, Highway 89, Legacy Highway and a UTA Frontrunner stop. For retail tenants.
- The Collection at Riverpark A 666,000 SF open-air specialty retail center in Oxnard, California located along Highway 101 with 168,000 cars passing by daily. For retail tenants.
- The Streets of Brentwood A 358,700 SF top-tier shopping destination in Brentwood, California featuring a dynamic mix of retail, dining, and entertainment with ongoing renovations. For retail tenants.
- The Terminal at Ballard A 39,000 SF neighborhood center in the heart of Ballard, Washington, one of Seattle's fastest growing submarkets. For retail tenants.
- The Trails at Silverdale A 226,000 SF dynamic regional power and neighborhood center in Silverdale, Washington featuring retailers, restaurants and essential service tenants amidst tree-lined pathways and pocket parks. For retail tenants.
- The Veranda A 367,000 SF mixed-use plaza in Concord, California that is the East Bay's destination for next-generation shopping, dining and entertainment, featuring unique architecture, local art and Northern California's first Luckey Climber. For retail tenants.
- The Village at Meridian Idaho's premier 846,000 SF shopping, dining and entertainment destination representing one of the most significant commercial projects in the northwest. For retail tenants.
- The Village at Totem Lake A 360,000 SF urban lifestyle center in Kirkland, Washington offering retail shops, state-of-the-art cinema, restaurants, office space, and more than 800 apartments. For retail and office tenants.
- Valley Mall Central Washington's preeminent 811,000 SF shopping destination anchored by Macy's, Kohl's, Bass Pro, JCPenney, T.J. Maxx, and Nordstrom Rack, located one block from I-82. For retail tenants.
- Value Enhancement Advisory Division A third-party advisory division that partners with real estate owners and investors to reimagine and revitalize existing retail and mixed-use centers, offering expertise in development, construction, marketing, leasing, design services, and property and asset management. For real estate owners and investors.
Quantifiable outcome
- 94% portfolio occupancy achieved in Q1 2024
- +1 more outcomes
Companies that use CenterCal Properties, LLC
Customer profileNamed customers15 records
Segments4 records
Ideal customer profiles3 records
CenterCal Properties, LLC technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature1 record
CenterCal Properties, LLC partnerships and signals
Strategic signalPartnerships
Two partnerships are on record, tiered flagship and minor.
- Perry CommercialflagshipPerry Commercial partnered with CenterCal to break ground on The Collective at Morning Vista, a new retail destination in Lehi, Utah designed to serve the rapidly growing Silicon Slopes technology corridor.
- The Best Bees CompanyminorPartnership announced on World Honey Bee Day to support ecosystem biodiversity at select CenterCal Properties locations through honey bee installations.
Scale indicators8 records
Recent moves9 records
Expansion highlights5 records
CenterCal Properties, LLC competitors and assessment
Company assessmentDirect peers
- Regency Centers: Public grocery-anchored shopping center REIT operating similarly-sized open-air and mixed-use retail centers in U.S. growth markets. Most directly comparable to CenterCal on property type, tenant mix, and West Coast geographic footprint.
- Federal Realty Investment Trust: Public REIT focused on high-quality mixed-use and open-air retail centers in premium U.S. coastal markets. Comparable on lifestyle-center strategy, premium tenant relationships, and value-add redevelopment playbook.
- Brixmor Property Group: Public open-air shopping center REIT with national footprint and active redevelopment pipeline. Comparable on property type, leasing motion, and value-add repositioning of community centers.
- Vestar: Private owner/operator of large-format shopping centers across the western U.S., including properties in the same geographies as CenterCal. Directly comparable operating peer with similar property type and region.
- Tanger Inc. Public REIT focused on open-air outlet and shopping centers. Comparable on property format (open-air retail), leasing model with national brands, and value-add repositioning capability.
- Starwood Retail Partners: Private retail REIT affiliated with Starwood Capital that owns and operates open-air and lifestyle shopping centers. Comparable on tenant mix, property size, and west-coast exposure.
- Kimco Realty: Largest publicly traded shopping center REIT in North America. Comparable on open-air retail center ownership, leasing operations, and third-party management/advisory offerings.
- Phillips Edison & Company: Public REIT focused on grocery-anchored neighborhood and community shopping centers. Comparable on third-party property management services and open-air retail center operations.
Broad incumbents
- Unibail-Rodamco-Westfield: Global owner/operator of flagship retail destinations. Notable as a key talent feeder (CenterCal's General Counsel is a 14-year URW veteran). Larger competitor with overlapping leasing strategy.
- Brookfield Properties (Retail): Subsidiary of Brookfield Asset Management owning premier retail assets including Class-A malls and mixed-use destinations. Larger, more diversified competitor with overlapping leasing talent pipeline.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights7 records
Customer concentration
CenterCal Properties, LLC social profiles
Digital presenceCenterCal Properties, LLC compliance and trust
Trust signalCompliance1 record
CenterCal Properties, LLC financial estimates
Financial estimateRevenue estimate
Valuation estimate
CenterCal Properties, LLC leadership team
Management profileNumber of profiles
Profiles10 records
CenterCal Properties, LLC funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
CenterCal Properties, LLC M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about CenterCal Properties, LLC
What does CenterCal Properties, LLC do?
CenterCal Properties is a full-service commercial real estate company that acquires, develops, owns, and manages mixed-use retail and lifestyle shopping centers across the western United States. The company leases space to national retailers, restaurants, and entertainment tenants, and operates a Value Enhancement Advisory Division that provides third-party advisory and asset management services to other real estate owners and investors.
Is CenterCal Properties, LLC a public or private company?
CenterCal Properties, LLC is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was CenterCal Properties, LLC founded?
CenterCal Properties, LLC was founded in 1998. It employs 101 to 250 people.
Where is CenterCal Properties, LLC based?
CenterCal Properties, LLC is headquartered in El Segundo, United States, in the North America region.
How does CenterCal Properties, LLC make money?
Three revenue lines are on record. Commercial Property Leasing is the primary driver. The others are property and Asset Management Services and development and Redevelopment.
Who are CenterCal Properties, LLC's main competitors?
Direct peers on record are Regency Centers, Federal Realty Investment Trust, Brixmor Property Group, Vestar, Tanger Inc., Starwood Retail Partners, Kimco Realty and Phillips Edison & Company. Broad incumbents are Unibail-Rodamco-Westfield and Brookfield Properties (Retail).
Does CenterCal Properties, LLC have an API?
No public API is recorded for CenterCal Properties, LLC.
What industry is CenterCal Properties, LLC in?
CenterCal Properties, LLC's product category is Commercial Real Estate. Its primary akta.pro industry code is FSAAAKAA, Core Real Estate (Stabilized/Core-Plus), with a secondary code of FSANAEAG, Real Estate Funds — Core-Plus. Its NAICS code is 53119 and its SIC code is 6519.