What Ridge Capital does

Ridge Capital, Inc. is a privately held real estate development and investment company headquartered in Sacramento, California, with a second Bay Area office in Mill Valley. The firm specializes in industrial, office, and urban redevelopment projects across the Western United States, primarily California and Nevada, and operates through five business lines: build-to-suit development for corporate users, acquisition and development of undervalued assets, investment management via discretionary private equity funds, program management for capital projects, and third-party asset management. Its product portfolio spans a 670-acre master-planned industrial development at Southport Business Park in West Sacramento, multiple warehouse/distribution buildings (Ramco, Mary Place, Massie Court, Mulvany Place), office complexes (University Park Center, Slate Creek Corporate Centre, and the LEED Gold NC CalSTRS Corporate Headquarters), and urban redevelopment assets along Sacramento's R Street corridor.

The firm's underlying technology is rooted in sustainable green building practices and LEED-certified construction rather than software platforms; it is a member of the U.S. Green Building Council and has demonstrated LEED Gold NC delivery on its flagship CalSTRS headquarters project. Ridge Capital monetizes through development fees, asset and fund management fees across three fully invested value-added private equity funds (Balboa Income & Growth Fund LP, Balboa Value Fund II LP, and Ridge Opportunity Fund III LP), and transactional gains from acquisition, repositioning, and disposition of commercial real estate. Customers are enterprise corporate users (CalSTRS, Kaiser Permanente, Core-Mark International, The Hartford, Health Net, Nationwide Insurance, Nor-Cal Beverage Co.) and institutional/family-office capital allocators, with go-to-market conducted through direct enterprise sales and relationship-based engagement across the Western US.

Name

Ridge Capital

Legal name

Ridge Capital, Inc.

Website

https://ridgecapitalinc.com

Company type

Private

Founded year

2016

Operating status

Operating

Headcount range

1–10 employees

Short description

Ridge Capital is a private real estate development and investment firm that delivers build-to-suit industrial and office facilities, manages value-added private equity funds, and develops urban redevelopment assets for enterprise corporate users and institutional investors across the Western United States.

Ownership category

akta.pro rank

Product category

Commercial Real Estate Development

NAICS

Other Financial Investment Activities (5239), Nonresidential Property Managers (531312), Land Subdivision (23721), Other Financial Vehicles (52599)

SIC

Real Estate Dealers (For Their Own Account) (6532), Land Subdividers & Developers (No Cemeteries) (6552), Real Estate Agents & Managers (For Others) (6531)

akta.pro primary industry

Core Real Estate (Stabilized/Core-Plus) (FSAAAKAA)

akta.pro secondary industry

Real Estate Funds — Core-Plus (FSANAEAG)

Keywords

• Commercial real estate development
• Build-to-suit facilities
• Industrial property investment
• Office property development
• Real estate investment management

Headquarters

HQ city

Sacramento

HQ country

United States

HQ region

North America

Offices2 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Infrastructure

Revenue model

1. Build-to-Suit and Fee Development: Ridge Capital provides build-to-suit facilities development and fee development services for corporate users. The firm leverages its operational expertise to meet the specialized demands of corporate users, completing projects to client specifications.
2. Investment Management: As a professional real estate investment management company, Ridge Capital and its affiliates provide complete and disciplined investment management services. The firm manages private equity funds and invests institutional capital. Ridge Capital has fully invested three successful value-added investment funds (Balboa Income & Growth Fund, LP and Balboa Value Fund II, LP and Ridge Opportunity Fund III, L.P.).
3. Acquisition and Development: Ridge Capital focuses on the acquisition and development of industrial, office and urban redevelopment properties. The firm invests in undervalued, fundamentally sound real estate assets, applying financial resources and operational expertise to create value. Revenue is generated through property appreciation and eventual sale or lease.

Go-to-market motion1 record

Distribution channels2 records

Marketing channels3 records

Core offering

Ridge Capital is a real estate development and investment company that acquires undervalued industrial and office properties, develops build-to-suit facilities for corporate clients, and manages private equity funds for institutional investors. The firm operates primarily in the Western United States, with current focus on a 670-acre master planned industrial development (Southport Business Park) in West Sacramento and urban redevelopment in Sacramento.

Product overview

Ridge Capital is a real estate development and investment company offering a portfolio of industrial and office properties across the Western United States, primarily in California and Nevada. The company's product/service portfolio consists of: (1) Industrial properties including Southport Business Park master planned development and warehouse/distribution facilities (Ramco Street, Mary Place, Massie Court, Mulvany Place); (2) Office properties including University Park Center, Slate Creek Corporate Centre, and CalSTRS Corporate Headquarters; (3) Investment management services managing three value-added private equity funds; (4) Build-to-suit development services for corporate clients; and (5) Program management services for capital projects. The company focuses on creating value through acquiring underperforming assets, applying operational expertise, and developing state-of-the-art facilities.

Differentiator

Problem solved

Functional benefit

Products and services

• Build-to-Suit Development Custom development of new and renovated facilities to meet specialized corporate requirements, including industrial warehouses, distribution centers, medical offices, and corporate headquarters. Clients include CalSTRS, Core-Mark International, The Hartford, Health Net, Kaiser Permanente, and Nationwide Insurance.
• Investment Management Services Disciplined investment management for private equity funds and institutional capital sources, including thorough underwriting, due diligence, and financial reporting. Manages three fully invested value-added funds: Balboa Income & Growth Fund LP, Balboa Value Fund II LP, and Ridge Opportunity Fund III L.P.
• Acquisition and Development Services Identification, acquisition, and development of undervalued but fundamentally sound real estate assets, including non-traditional transactions such as note purchases, joint ventures with existing owners, and distressed asset or REO purchases.
• Program Management Services Professional program management and capital project oversight for both corporate real estate users and investors, with recognized expertise in sustainable facility design and construction using green technologies. Ridge Capital is a member of the USGBC.
• Asset Management Services Asset management for all Ridge Capital investment properties and as third-party asset manager for institutional commercial real estate owners, with a hands-on approach involving direct relationships with brokers and tenants, oversight of property management, leasing and construction teams.
• Southport Business Park A 670-acre master planned industrial development in West Sacramento featuring 42 remaining acres of fully entitled land available for sale, development, or build-to-suit opportunities. Currently home to corporations including Safeway, Core-Mark, Bogel Wines, and HD Supply.
• 3065 Ramco Street A warehouse/distribution building under development in Southport Business Park with 119,230 SF. Features include skylights, 18 dock-loading doors, 30' clear height, and proximity to the West Sacramento deep water port.
• 3085 Mary Place A warehouse/distribution building under development in Southport Business Park with 229,122 SF. Features include 38 dock loading doors, 30' clear height, and ESFR sprinkler system.
• 3685 Massie Court A build-to-suit warehouse/distribution project under construction in Southport Business Park with 422,400 SF for a major local packaging and logistics company.
• University Park Center A six-building office complex totaling 265,517 SF at University Avenue in Sacramento. Features include new HVAC units, exterior refurbishment, fitness center, and conference center.

Quantifiable outcome

• Three fully invested value-added investment funds successfully completed
• +1 more outcomes

Named customers7 records

Segments2 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature1 record

Partnerships

Three partnerships are on record, tiered minor.

• Ranger Road Veterans CharityminorOthersRidge Capital is proud to sponsor 'Project Moving Forward', a program where Ranger Road visits Walter Reed and other military hospitals to work closely with disabled veterans on a monthly basis. Ranger Road provides veterans with tools for successful transition from military to civilian life through community involvement, physical and emotional wellness programs.
• Bay Area Urban Debate LeagueminorOthersRidge Capital supports the Bay Area Urban Debate League, which launched in August 2008 in partnership with Oakland Unified School District and the National Association for Urban Debate Leagues. The program reaches hundreds of students with debate education across San Francisco, Oakland, and Emeryville schools.
• Jamie Oliver's Food RevolutionminorOthersRidge Capital supports Jamie Oliver's Food Revolution, an initiative addressing childhood obesity and malnourishment from processed foods. The program aims to inspire families to get back to basics and start cooking good food from scratch.

Scale indicators7 records

Recent moves6 records

Expansion highlights5 records

Broad incumbents

• Shorenstein Properties: Shorenstein is a major owner, developer, and investor in U.S. office properties with a strong West Coast footprint. It overlaps with Ridge in office build-to-suit and value-add office repositioning, though it operates at meaningfully larger scale and as a long-cycle institutional holder.
• CBRE Investment Management: CBRE IM (formerly CBRE Global Investors) is one of the largest real estate investment managers globally, with deep exposure to US value-add and core-plus strategies. It overlaps with Ridge's fund management and asset management services but at vastly larger AUM scale and broader product reach.

Direct peers

• Panattoni Development Company: Panattoni is one of the largest independent industrial developers in the US and the former employer of Ridge's co-founders. Both firms pursue build-to-suit industrial development for corporate users on a fee/principal basis, making Panattoni the most directly comparable peer in scale and product type.
• Overton Moore Properties: Overton Moore is a privately held industrial and office developer focused on build-to-suit and speculative projects across the Western US. Comparable to Ridge in target customer (corporate users), product type (industrial/distribution), and value-add investment approach.
• Spieker Properties (legacy) / Spieker Senior Living Partners: Spieker Properties was a major Western US industrial/office owner-operator and prior employer of Ridge's EVP Michelle Azevedo. The firm and its successor entities remain comparable in industrial acquisition, repositioning, and fee development activity in California.
• PMB Real Estate Services: PMB is a healthcare-focused real estate developer that builds, owns, and manages medical office and healthcare facilities. Comparable to Ridge in build-to-suit development for institutional/enterprise users (Kaiser is a Ridge client) and in managing third-party assets.
• Griffin Capital Company: Griffin Capital is a private alternative asset manager focused on real estate strategies including value-add and core-plus. Comparable to Ridge in running discretionary real estate PE funds and targeting institutional and high-net-worth investors in commercial real estate.
• Buchanan Street Partners: Buchanan Street Partners is a value-add real estate investment manager focused on industrial and office across the Western US. Comparable to Ridge in fund strategy (value-add PE funds), product mix (industrial/office), and Western US geographic focus.

Regional players

• Basin Street Properties: Basin Street Properties is a Northern California commercial real estate investor and developer focused on office and mixed-use assets. Comparable to Ridge in Sacramento/Northern California geography and in value-add office repositioning and ownership.
• Buzz Oates Real Estate: Buzz Oates is a Sacramento-based commercial real estate developer and investor focused on industrial, office, and mixed-use projects in California's Central Valley. It is highly comparable to Ridge given overlapping Sacramento geography, similar industrial/office product mix, and regional build-to-suit activity.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks7 records

Key highlights7 records

Customer concentration

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles5 records

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 Ridge Capital