Kite Family

What Kite Family does

Kite Family Limited Partnership is a family-owned private investment company domiciled in California and operating as a limited partnership with no institutional capital, no public listing, and a lean 1-10 employee footprint headquartered in Orange County, California. The company's mandate is the acquisition, ownership, and direct management of a diversified commercial real estate portfolio spanning entertainment, industrial, multi-tenant flex, and luxury hospitality assets concentrated in Southern California with a single Park City, Utah holding.

The portfolio totals approximately 595,700 sq. ft. across five distinct property clusters: the Jurupa Valley Spectrum (149,000 sq. ft. entertainment center, to be anchored by Sprouts Farmer's Market opening October 2025), Murrieta (115,000 sq. ft. industrial), Temecula (127,000 + 42,000 sq. ft. industrial), South El Monte (60,000 sq. ft. across 12 flex/industrial buildings), and a 1,700 sq. ft. condominium at the Waldorf Astoria in Park City, Utah. The company has financed and recapitalized select assets through external partners, notably a CBRE-facilitated refinancing of the Jurupa Valley Spectrum in October 2017, indicating active asset-level capital management despite the small operating team.

Kite Family generates revenue primarily through recurring rental income from its commercial tenants, supplemented by episodic property appreciation and disposition gains. Its go-to-market is direct-to-tenant — properties are leased through direct relationships with no broker or third-party property management layer disclosed — and the company operates by appointment only with a minimal digital marketing footprint. There is no disclosed technology platform, no AI/ML capability, no app or API surface, and no public pricing; financial detail is not disclosed.

Name

Kite Family

Legal name

Kite Family Limited Partnership

Website

https://kitefamilylp.com

Company type

Private

Founded year

2000

Operating status

Operating

Headcount range

1–10 employees

Short description

Kite Family LP is a family-owned California limited partnership that acquires and directly manages a ~595,700 sq. ft. diversified commercial real estate portfolio — entertainment, industrial, multi-tenant flex, and luxury residential — across Southern California and Park City, Utah.

Ownership category

akta.pro rank

Product category

Commercial Real Estate Investment

NAICS

Portfolio Management and Investment Advice (523940)

SIC

Real Estate Dealers (For Their Own Account) (6532)

akta.pro primary industry

Real Estate Management for Family Offices (Acquisition, Development, Property Ops) (FSAAADAI)

Keywords

• Commercial real estate investment
• Property portfolio management
• Commercial property leasing
• Industrial real estate holdings
• Entertainment center properties

Headquarters

HQ city

Orange

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Operations, Supply Chain, Personnel, Others

Revenue model

1. Commercial Property Rental Income: Primary revenue stream from renting out commercial real estate portfolio including industrial buildings and entertainment centers to tenants such as Sprouts Farmer's Market.
2. Property Appreciation and Sales: Real estate investment returns through property value appreciation and strategic property sales.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels1 record

Core offering

Kite Family LP is a family-owned investment company that acquires, owns, and leases a diversified portfolio of commercial real estate assets, including entertainment centers, industrial buildings, and a luxury residential condominium. The firm generates revenue primarily through rental income from commercial tenants such as Sprouts Farmer's Market, supplemented by long-term property value appreciation. Properties are available for lease directly, by appointment only, through the company's Orange County, California headquarters.

Product overview

Kite Family LP is a family-owned investment company focused on commercial real estate. The company operates a portfolio of five distinct property types: entertainment centers, industrial buildings, and luxury condominiums. The portfolio includes the Jurupa Valley Spectrum (entertainment), Murrieta and Temecula industrial buildings, South El Monte multi-building properties, and a Park City luxury condo at the Waldorf Astoria. The company does not offer a unified product platform but rather manages a diversified real estate investment portfolio.

Differentiator

Problem solved

Functional benefit

Products and services

• Jurupa Valley Spectrum A 149,000 sq. ft. entertainment center located in Jurupa Valley, California, leased to commercial tenants for retail and entertainment uses (e.g., Sprouts Farmer's Market).
• Murrieta Industrial Building A 115,000 sq. ft. industrial building located in Murrieta, California, leased to industrial tenants.
• Temecula Industrial Buildings Two industrial buildings totaling 169,000 sq. ft. (127,000 sq. ft. and 42,000 sq. ft.) located in Temecula, California, leased to industrial tenants.
• South El Monte Properties Twelve buildings totaling 60,000 sq. ft. located in South El Monte, California, leased to commercial tenants.
• Park City Utah Condo A 1,700 sq. ft. condominium unit at the Waldorf Astoria in Park City, Utah, held as a hospitality/residential asset within the Kite Family LP portfolio.

Named customers1 record

Segments1 record

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

One partnership is on record.

• Sprouts Farmer's MarketminorOthers · 1 October 2025Sprouts Farmer's Market is a confirmed tenant for the Jurupa Valley Spectrum location, scheduled to open in October 2025. This represents a commercial lease relationship.

Scale indicators1 record

Recent moves3 records

Expansion highlights3 records

Direct peers

• LBA Realty: California-focused private commercial real estate investment and management firm that owns and operates industrial, office, and retail properties in Western U.S. markets. Directly comparable to Kite Family as a privately-held owner-operator of Southern California commercial real estate.
• Overton Moore Properties: Southern California-based privately-held commercial real estate investor and developer focused on industrial, office, and retail assets in the Western U.S. Comparable to Kite Family as a privately-held SoCal commercial real estate owner with a similar asset mix.
• Watt Companies: Diversified, family-influenced Southern California real estate investment and operating company with industrial, office, retail, and residential holdings. Closely comparable to Kite Family in family-style ownership, SoCal industrial exposure, and multi-asset-class strategy.
• Sares-Regis Group: Private commercial real estate investor and developer headquartered in California with a multi-market portfolio of office, industrial, and residential assets. Comparable to Kite Family as a privately-held California-based diversified real estate owner with similar asset-class breadth.
• Barker Pacific Group: Southern California-based private real estate investment and management firm focused on commercial properties in the Western U.S. Directly comparable to Kite Family given shared SoCal concentration, private ownership, and commercial real estate focus.

Broad incumbents

• Prologis: The largest publicly-traded industrial REIT globally, with significant concentration in Southern California and the Inland Empire. Relevant peer for benchmarking Kite Family's industrial exposure, though operates at vastly larger scale and as a public REIT.
• Kennedy Wilson: Global real estate investment company with a major California footprint spanning commercial, multifamily, and hotel assets. Comparable to Kite Family as a commercial real estate owner-operator, but operates at materially greater scale and with public-market capital.
• Brookfield Asset Management: Global alternative asset manager with a large real estate platform spanning industrial, office, multifamily, and hospitality. Comparable in asset-class breadth to Kite Family but at institutional scale with public-market capital.

Others

• CBRE Group: Largest global commercial real estate services firm, providing investment sales, leasing, and debt advisory. Already a relationship counterparty for Kite Family (refinanced Jurupa Valley Spectrum in 2017), making it an adjacent ecosystem peer rather than direct competitor.

Regional players

• Bixby Land Company: Private, family-influenced commercial real estate investment firm focused on industrial and office assets primarily in Western U.S. markets. Comparable to Kite Family in private family-ownership structure and industrial asset focus, though centered on a different regional footprint.

Market position

Strengths4 records

Weaknesses5 records

Competitive moat3 records

Key risks6 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/kite-family-lp

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Kite Family