Projects and Expertise. Over 3,000,000 square feet of commercial and industrial projects completed. Heavy engineering construction with expertise in concrete, tilt-up concrete, gunite, trucking, paving, structural steel and grading. Commercial land development and planning. Residential land development and planning. Residential subdivisions. Residential custom homes and construction.
SUPERIOR GUNITE AND RED DIAMOND CONSTRUCTORS – North Hollywood, California. I worked for Ed Olson the owner of the company and the largest gunite contractor (pneumatically placed concrete) in the USA. He had 180 employees with 8 offices in western United States including Hawaii. I became his protégé and learned to run jobs, bid, estimate, write contracts and over see the daily operations. Besides building bridges, tunnel liners, aqueducts, canals and swimming pools, we built 42 skateboard parks across the United States. 1977-1979.
VALENCIA MINI STORAGE – Valencia, California. This 42, 000 square foot masonry block facility enjoys a prominent location in one of Southern California’s fastest growing areas. It was 100% occupied within eight months from completion. Completed in 1978.
BUCHANAN PLAZA – Riverside, California. This 13,200 square foot concrete tilt up industrial and office project caters to multi-tenant industrial and commercial users. Completed in 1980.
LAGUNA HILLS OFFICE PLAZA – Laguna Hills, California. This 30,000 square foot walk-up garden office condominium was developed under a development contract with Shearson/WesPac Realty and Development Corporation (A subsidiary of American Express Company). Completed in 1981.
IRVINE AUTO SERVICE CENTER – Irvine, California. This 50,000 square foot tilt-up concrete project was a unique concept in bringing together automotive suppliers and repair services in a shopping center atmosphere. It is adjacent to several new car dealers in the Irvine Auto Center. It was fully leased prior to its completion in 1981.
TUSTIN COMMERCE CENTER – Tustin, California. This tilt-up concrete industrial (office-warehouse) condominium project is located in the Tustin Industrial Complex. The complex is part of the larger, master planned development of the Irvine Company. The 125,000 square foot project features turnkey office and industrial space for small, multi-tenant users. Completed in 1982.
KNIGHTS OF COLUMBUS OFFICE PLAZA – Santa Barbara, California. Originally this building was used for the first English speaking orphanage run by the Catholic Charity for the Daughters of Charity for Saint Vincent DePaul. Then the Knights of Columbus fraternal organization owned the building until it was damage by an earthquake and was not safe for occupancy. This office project was a major rehabilitation of a National Landmark nominated to the National Register of Historic Places on June 2,1981. The building was over 100 years old before we started the renovation for the Historical Tax Credits. The 20,000 square foot, three – story commercial building was rehabilitated to its highest and best use as a professional office space. Construction work included extensive seismic restoration and the retention of delicate and significant architectural elements. This property received a City Beautification Award from the City of Santa Barbara. Completed in 1982.
SCHIRRA COURT PARTNERS – Bakersfield, California. This 27,000 square foot tilt-up concrete multi-tenant office-warehouse project is located in Tenneco’s Phase II Industrial Park. The project provided a new concept in “service oriented” industrial space. The project included high cube warehousing with fenced and paved storage yards for each tenant. Gas, diesel and equipment cleaning facilities are provided on-site for use by tenants. The project was quickly leased after completion in 1983.
LOS ANGELES INTERNATIONAL AIRPORT COMMERCIAL – Los Angeles, California. This project consists of a 40,000 square foot bow truss industrial building located next to the Los Angeles International Airport (LAX). The property enjoys tremendous identity as it faces the San Diego Freeway (I-405) and is just off of the main street to LAX. Over 400,000 cars a day drive by the property. The building was remodeled and upgraded to multi-tenant distribution and warehousing with a self – storage component. Completed in 1984.
A – AMERICAN SELF STORAGE, HEMET – Hemet, California. This 45,000 square foot masonry block self-storage project was the premier facility in its geographic area. The property includes 90 RV spaces and was predesigned for a 25,000 square foot expansion. This property became part of the A-American Self Storage business. Completed in 1985.
AMERICAN PLAZA – Moreno Valley, California. This innovative mixed-use complex incorporates an apartment site, 10,300 square feet of in – line retail, free-standing pads, and A-American Self Storage containing 55,000 square feet of self-storage an industrial incubator spaces. Completed in December 1985.
CHANNEL ISLAND BUSINESS COMPLEX – Santa Barbara, California. The five acre site contained an antiquated, 1950’s steel-framed metal building of 51,000 square feet. The partnership redeveloped the property as a joint venture with Channel Paper Company. We renovated the old bow truss warehouse building and provided two new building pads. The existing property was redeveloped with new parking, landscaping and a cohesive atmosphere. Two new tilt-up concrete buildings were then constructed. One high cube building (28 foot clear height) of 41,195 square feet, and a smaller office/warehouse building of 9,250 square feet. The larger building became an A-American Self Storage property. Both were successfully completed and leased in 1984.
STINE BUSINESS CENTER – Bakersfield, California. A two and a half acre retail and office/warehouse project developed in Bakersfield, California. Three new tilt-up concrete buildings are situated on the site to allow maximum exposure to the street frontage. The project totaled 42,000 square feet. One building was presold to a local business (Stinson’s Stationary) that expanded into the southwest area of Bakersfield. The profits from the sale of that one building paid back the investor approximately 75% of their investment. Completed in 1984.
SATICOY INDUSTRIAL COMPLEX - North Hollywood, California. This 14,202 square foot tilt-up concrete industrial building was designed for the close-in user that needed offices, warehousing and distribution capabilities. The building was divided for two users. It is well located to the Hollywood and Ventura Freeways in an excellent industrial area. The project was fully leased upon completion in 1984.
EL SEGUNDO APARTMENTS – El Segundo, California. Two apartment projects were developed on a fee basis contract with a local property owner. The objective was to increase the land to its highest and best use and create positive cash flow for the owners. Completed in 1984.
CLOVIS BUSINESS CENTER – Clovis, California. A 33,800 square foot office/warehouse condominium project. Rehabilitated and marketed on a “for lease” or “lease/purchase option” basis, the property is primarily occupied by users. The property was purchased in October 1985 from GlenFed Development as an REO (foreclosure).
McKESSON – ROBBINS BUILDING – Honolulu, Hawaii. Located in Kakaako Historical District of Honolulu, this project consists of approximately 60,000 square feet of newly renovated warehousing and self-storage space (A-American Self Storage) in a four-story poured in place concrete building. The building was owned on a “fee simple” basis, very unique in Honolulu. Completed in 1986, the property was sold 18 months later for a $2,000,000 profit to a group of Japanese investors.
COPPER SANDS HOSPITAL – Joshua Tree, California. This psychiatric care treatment facility was part of the first phase of a 77-acre master planned development. The project was designed to include educational and residential facilities to complement the Hospital’s campus – like atmosphere. The State of California granted the Certificate of Need. Jeffery Potter acted as a principal with a medical group to develop this project.
CARSON INDUSTRIAL PARK – Carson, California. Located between the 91 Freeway (Artesia) and the 110 Freeway (Harbor) in Carson, this 142,000 square foot tilt-up concrete project catered to the close-in distribution and manufacturing companies in a park-like atmosphere. It is a multi-tenant office-warehouse project with second story offices at the frontage street. It was built on leased land. Completed in 1988.
RIDGECREST TOWN CENTER – Ridgecrest, California. The development consisted of approximately 196,000 square feet of retail commercial space with major tenants and in-line shops. Mr. Potter coordinated all of the predevelopment and construction with the Michael R. Tolladay Corporation. Beyer Development of Newport Beach was the owner. Completed in November 1988.
RETAIL CENTER – Ridgecrest, California. This mixed-use project combined high identity retail and self-storage. The property was developed by Centennial Development. Jeffery Potter acted as the consulting fee developer underwriting the feasibility analysis, market study and development costs in 1988.
MIRA LOMA BUSINESS CENTER – Orange County, California. A 155,890 square foot tilt-up concrete, multi-tenant industrial park. Built on leased land, this property had typical 14-foot clear ceilings, 30% office build out and high quality landscaping. Completed in 1989.
COMMERCE INDUSTRIAL – Commerce, California. Two 24-foot clear height, tilt-up concrete distribution buildings, comprising 73,900 square feet were built on Smith way. The property was formerly used as a parking lot for Dreyer’s Ice Cream. Upon completion, the buildings were sold to users. Completed in 1989.
MAYWOOD INDUSTRIAL I & II – Maywood, California. Two new 24-foot clear height, tilt-up concrete industrial buildings were developed. The buildings comprised 34,842 and 24,596 square feet, respectively. They were developed as part of the Redevelopment Agency that wanted new development in blighted areas. The project, when completed, created over 110 new jobs for the community. Completed in January 1989.
MAYWOOD INDUSTRIAL III – Maywood, California. Two newly developed 24-foot clear height, tilt-up concrete buildings. 12,440 square foot manufacturing and distribution buildings located in the strategic Maywood Industrial Redevelopment Area. A substantial amount of new jobs were created by this development. The City of Maywood participated in the development as a Joint Venture Partner contributing the land as part of the imputed equity. The City’s various grants and concessions moved the development forward. The City of Maywood’s equity participation returned them over 50% Return on Investment (ROI). Completed in 1990.
MAYWOOD INDUSTRIAL IV – Maywood, California. One freestanding 24-foot clear height, tilt-up concrete building totaling 17,480 square foot. The building was designed for a single user. Completed in 1991.
EL SEGUNDO OFFICE BUILDING – El Segundo, California. This smaller wood framed building was an in-fill project in downtown El Segundo. Mr. Potter acted as the consulting developer and contractor on a fee basis. Completed in 1988.
SANTA FE SPRINGS INDUSTRIAL PARK – Santa Fe Springs, California. Two freestanding, 24- foot clear height, tilt-up concrete buildings of 26,250 each (52,500 S.F. total). Dock high, truck well, distribution oriented. The buildings were sold to users. Santa Fe Springs, California. Completed in 1990.
SKY VALLEY RESIDENTIAL I – Palm Springs, California. A smaller residential subdivision with one and a quarter acre lots. The raw ground was parceled for development by homebuilders in Palm Springs, California. Completed in 1991.
SKY VALLEY RESIDENTIAL II – N. Palm Springs, California. A 30-acre residential subdivision parceled into half acre lots. The site afforded spectacular views of the valley. Completed in 1991.
NORWALK SHOPPING CENTER – Norwalk, California. This project consisted of the rehabilitation of an existing retail shopping center in conjunction with the Norwalk Redevelopment Agency. New shop buildings totaling 25,000 were added to the existing 25,000 square foot retail center. Completed in 1991.
BULLHEAD CITY, ARIZONA – Bullhead City, Arizona. 18 new apartments were built adjacent to the Colorado River in Bullhead City. The housing was designed to accommodate the “affordable housing” required by the local workers commuting to the Nevada side of the Colorado River for service jobs. Completed in 1991.
LA PUENTE INDUSTRIAL – La Puente, California. This property was developed in an “in-fill” industrial area. The property had a single-family residence on it that was of nonconforming use. The house was torn down and a new building replaced it. The completed building was rented to a local manufacturing company. Completed in 1990.
SPRUCE RANCH ESTATES – Bloomington, California. 18 houses were constructed on one-acre lots zoned for horses and agriculture uses. The preliminary prices were $155,000 – $168,000. The homes were over 50% presold before construction was completed. The ultimate sale prices were $175,000 – $215,000. Completed in 1990.
SOUTHGATE INDUSTRIAL PARK – Southgate, California. A planned six-acre business park with a total of 142,000 square feet of 24-foot clear height, tilt-up concrete. The project was planned to accommodate six buildings from 4,000 to 20,000 square feet with walk up mezzanine office and truck well and dock high trucking capabilities. The property was located just off Alameda Avenue on route to the Port of Los Angeles. Completed in 1992.
RETAIL SHOPPING CENTER – San Dimas, California. A high identity “power center” with restaurants and Target as the anchor tenant. The property was strategically located on Arrow Highway and the 210 Freeway. The project mix included three anchor tenants (95,150 S.F.), in-line retail shops of 31,200 square feet and four restaurant pads. The project was developed in conjunction with the Wattson Company of Newport Beach, California. Mr. Potter sold his position in the project after obtaining the entitlements. Completion: 1998.
POLICE 3/4 BLOCK – Portland, Oregon. Working in conjunction with the MIKA Company of Los Angeles, the parties planned the rehabilitation of an existing historical building in downtown Portland. The property was to be rehabilitated to a low cost housing and commercial office space. The total project encompasses 3/4 of an entire block with approximately 80,000 square feet of buildings. Mr. Potter acted as the joint venture partner/agent for the MIKA Company. Completed in 1998.
BEST BUY – Aurora, Colorado. This was a private acquisition of a triple net investment by a Family Limited Partnership. Mr. Potter did the acquisition and financial analysis for Five Points Properties. The client needed a thorough “due diligence analysis” of the property to meet their partnership and IRC 1031 exchange requirements. Mr. Potter acted as the financial consultant on a fee basis. Acquired October 1995.
MESA ARIZONA – Mesa, Arizona. On a consulting contract, Mr. Potter negotiated the joint venture of two contiguous landowners for the development of their properties. The properties were then to be developed as a cohesive development – done in two phases. Completion: June 1995.
TEXAS RESIDENTIAL MASTER PLAN – San Antonio, Texas. Mr. Potter acted as a fee consultant for CH Strub Realty in Tucson, Arizona and a wealthy physician in San Antonio. The two partners intended to develop the land into a 200 plus lot residential subdivision. Mr. Potter’s opinion was to “Not do the development”. They did it anyway and lost millions of dollars. April 1995.
SAN JOAQUIN APARTMENTS AND SELF – STORAGE – Tucson, Arizona. This property was master planned for 21 acres of high-density (30 RAC) apartments and five acres of Self-Storage and RV Parking. The property was rezoned through a rigorous approval and entitlement process. The ultimate outcome was a substantial increase in value to the partnership. The property was finally developed into a Manufactured Housing Community. Completion: August 1995.
MASTER PLAN LAND DEVELOPMENT – Park City, Utah. Mr. Potter was hired by the owner of three separate residential parcels to do a development and investment feasibility analysis. The property comprised a total of approximately 225 acres. Mr. Potter developed a master planned and joint venture proposal for his client. The property was directly across the highway from the new Winter Olympic facility. Therefore, the property was a natural for a wonderful development. However, there were entitlement and utility problems with the property. Planned 1997.
GARDENA INDUSTRIAL – W. 139TH STREET. Gardena, California. Four freestanding tilt-up concrete industrial buildings totaling 78,000 square feet comprised in the 18,000 – 27,000 square foot ranges were built and sold or leased to warehouse and manufacturing tenants. The property enlists a parcel map, CC&R’s and stringent landscaping requirement. The project was fully secured with an electronic gate at the entrance. Completed in 1999.
PHOENIX INDUSTRIAL – Phoenix, Arizona. Acquisition of approximately 330,000 square feet of high cube distribution/warehouse industrial at the Sky Harbor Airport area on Buckeye Road. Sears Ryobi Products was the major tenant in the property. The current income returned 15% on equity. Replacement cost was higher than the acquisition price. The property was sold to the investment banking firm of Sterling Capital in Boston for a $1.8 Million Dollar profit in 14 months.
The return on investment (ROI) was over 35%. November 1998.
PHOENIX OFFICE – Tempe, Arizona. Two back office buildings consisting of approximately 38,000 and 68,000 square feet off of Papago Parkway in the Sky Harbor Airport area. The projects were to be built, leased and sold to users or as an investment once stabilized. Purchase Contracts were negotiated to sell the completed property to First Industrial Realty Trust, a Real Estate Investment Trust. May 1998.
VALDES BUSINESS PARK – Santa Fe, New Mexico. Mr. Potter’s Summit Investment Company arranged for and acquired the remaining 21.5 acres of commercial land within the Valdes Industrial Park. Prior to closing, Summit changed the existing (CC&R’s) Covenants so that the park has a true “I-1 zoning” for all business uses. The property increased in value by 66% at close of escrow. The park now includes Outback Steakhouse, Federal Express, UPS, Europa Auto, FloorMart and a planned Office Campus for the State of New Mexico. August 1999.
LAND DEVLOPMENT AND LAND PLANNING – Santa Fe, New Mexico. Santa Fe Business Park, LLC acquired 90 acres adjacent to the 599 By Pass. Once this property acquires the entitlements, water and infrastructure, a new business and industrial park will be developed.
This property is part of a 3,000 acre Master Plan called The Airport Master Plan Community. Mr. Potter served on the Board for three years for the planning. April 2000 – November 2010.
AZTEC MANUFACTURING FACITLIY – Phoenix Arizona. Summit Investment Company, LLC and El Llano Corp. planned to purchase and then lease back a 300,000 square foot manufacturing facility for a recycling company within metro Phoenix. Replacement costs will be approximately $13,000,000 more than the acquisition costs. A prenegotiated lease and option to purchase had been contracted. June 2000.
WAL-MART SHOPPING CENTER – Espanola, New Mexico. Mr. Potter was one of the three development partners on a 22-acre commercial land development that built a neighborhood shopping center consisting of a 156,000 square foot Wal-Mart and three commercial out pads for Texaco, Wendy’s Restaurant and a 70,000 square foot lot for in-line retail users. Wal-Mart opened for business in late January 1999. This was the first new retail center in the area in over 20 years. The development contributed over $1,200,000 in gross receipts tax to the City of Espanola – overall, it has been a windfall for the community.
FEE DEVELOPER, COMMERCIAL LAND DEVELOPMENT – El Paso, Texas. The Growney Family Trust hired Mr. Potter to reevaluate and complete a new feasibility analysis and market study to develop a commercial property that they owned. Mr. Potter planned the entire project from ground up. That included master planning, feasibility analysis, construction coordination for Design – Build , marketing and ultimate lease up. The project ultimately became an 80,000 square feet commercial retail building and self-storage with five acres of Recreational Vehicle Parking storage. The project was completed in 2006 on time and on budget. Since the project is close to Fort Bliss, it leased up 20% faster than projection and appraisal. The property is a huge success. 2005-2006.
ROCKLAND, LLC OFFICE BUILDING REFINANCE– Dallas, Texas. Mr. Potter acted as the financial advisor to Rocky Powell of his three story studio and film offices in Uptown Dallas. 2008.
GARY WILLIAMS, MEADOW VIEW DEVELOPMENT, LLC – Sandpoint, Idaho. Mr. Potter advised Mr. Williams on financial options for his current loans and real estate debt. 2009
WOLDT QUALITY HOMES– Dallas, Texas. Mr. Potter did a complete business plan for Terry Woldt to expand his business into the Gulf Area and Galveston after the hurricane. The plan was for Mr. Woldt’s company to bid on insurance work for single-family residential construction. Mr.
Woldt was a second-generation custom home builder and succumbed to the recession. 2008-2009.
INVESTMENT ADVISOR AND COORDINATOR – Sandpoint, Idaho. A custom spec. home built using the IRA Funds of a private investor. The post and beam home came out beautifully. The home was built on time and sold on time. The investor made a very good return and is happy they did the investment. A California retired couple bought the home for all cash. June 2009 – October 2010.
EQUASSURE, INC. – El Segundo, California. One of Mr. Potter’s former bankers is now in the Real Estate Advisory Business. Mr. Potter has acted as the Regional Director for the SW for Equassure. The company provides comprehensive real estate advice for work outs with lenders, construction problems and defects, receiverships, foreclosures, and CMBS Financing ( Commercial Mortgage Back Securities) and feasibility analysis. Mr. Potter’s compensation was solely fee based. March 2010.
LOOPAH, INC. – Sandpoint, Idaho. Loopah is a web operated fundraising portal for schools, churches, non – profits and organizations looking to fundraise through a unique business model. Loopah does not charge a fee, there are no costs and no contract. The funds are raised through the supporter buying on-line. Ebates is the largest on-line retailer that includes 1,200 stores including all the major airlines. For example: Southwest Airlines, Nordstrom’s, Shoes.com, Best Buy, etc. The model is very good and helps fundraising during this very difficult time. Mr. Potter does this business part time with his wife – Cynthia Helms who is also a full charge bookkeeper and mother of two young girls Dylan, 6 years old and Taylor, 10 years old. Mr. Potter’s compensation is based upon actual sales. July 2009.
ISEKURITY – Bonita Springs, Florida. Mr. Potter is a National Director of Distribution and Development for Isekurity that was started in 2010. Isekurity is an identity security company that helps protect individuals, companies and universities from Identity Theft. The product competes with and exceeds LifeLock . The company was started by a group of former FBI and Secret Service Agents. They detect and remediate any identity theft problems including pursuing the perpetrator of the identity theft for prosecution. The unique properties beside pursuing the perpetrator if your identity is stolen is that they educate people on identity theft and they have a reverse bounty that pays for costs and expenses to clear up your credit. Mr. Potter does this business part time with his wife – Cynthia Helms. Mr. Potter’s compensation is based on actual sales. June 2010.
As customary for a company similar to TIGRE INVESTMENT COMPANY, LLC, several confidential business opportunities are pending.