RECENT INVESTMENTS
The following transactions highlight some of our most recent investments.
El Segundo Creative Office
2101 El Segundo Boulevard
El Segundo, CA 90245
BOLOUR recently purchased an iconic multistory creative office building in the city of El Segundo. The property sits directly across from the Raytheon Campus, which is slated for future retail and medical office development. The City of El Segundo is on the front line of the Los Angeles creative office movement and BOLOUR foresees significant growth within this submarket in the years to come.
Hayden Tract
Creative Office
8665 Hayden Place
Culver City, CA 90232
BOLOUR recently acquired a ±18,000 SF creative office building through a sale-leaseback transaction with a nationally recognized architecture firm. The project is in Culver City’s Hayden Tract, a rapidly developing commercial region, home to experimental architecture and iconic tenants in the creative arena. In the coming years , BOLOUR plans to build up to 60,000 SF of ground-up creative office space on the 34,000 SF lot. This acquisition represents BOLOUR’s confidence in the creative office market of Culver City.
Mission Viejo
Creative Office
27401 Los Altos
Mission Viejo, CA 92691
BOLOUR recently purchased a 4-story, Class-A office building in Mission Viejo. The property is conveniently located within walking distance of Mission Hospital and the Shops at Mission Viejo. The previous owners began the conversion of the building to creative office and BOLOUR plans to complete the conversion and attract more creative tenants to the building.
Culver Exchange
3344 S. La Cienega Boulevard
Los Angeles, CA 90016
This mixed-use property consists of a multi-tenant, 13,500 SF retail building on approximately 30,000 SF of land at the northeast corner of La Cienega and Jefferson, across from the La Cienega/Jefferson Expo Line Metro Station. BOLOUR recently purchased the site and re-developed it into a retail and creative office hub, capitalizing on the New Urbanism growth model of transit-oriented development. BOLOUR’s long-term plan is to develop a 130-unit mixed-use project on the site.
Santa Monica
Medical Center
2121 Wilshire Boulevard
Santa Monica, CA 90403
BOLOUR recently acquired a 31,000 SF medical office building in Santa Monica. The property is located on Wilshire Boulevard surrounded by excellent amenities and within walking distance to Saint John’s Hospital. BOLOUR plans is to execute a value-add strategy at the property, capitalizing on Santa Monica’s continued growth and the property’s proximity to the hospital.
Bixby Point
4000 – 4040 Atlantic Avenue
Long Beach, CA 90807
Working with the local community and city government, BOLOUR overcame major entitlement and contamination issues and transformed a dilapidated 1,000 SF contaminated gas station into a 12,000 SF shopping center at the “Main and Main” intersection of the upscale Bixby Knolls neighborhood in Long Beach.
Houston, TX
Multi-Family Portfolio
Bella Luna & San Lucas Apartments:
6160 & 6111 Glenmont Drive
Houston, TX 77081
Sharon Park Apartments:
5600 Chimney Rock Road
Houston, TX 77081
Recognizing in 2009 that values in the Houston multifamily market were at historical lows, BOLOUR formed a joint venture with a local operator and over a two-year period purchased 3,000+ units in Southwest Houston. The joint venture transformed the distressed portfolio by leveraging the operator’s local management expertise and BOLOUR’s financial and operational capabilities.
BOLOUR NEWS
Read about our latest project successes.
BOLOUR Making Its Bones Doing Things Differently In The Distressed Asset Market
August 13, 2024 Molly Armbrister, West Coast Editor The shuttering of discount retailer 99 Cents Only opened up a [...]
BOLOUR completes $6.04M LA retail acquisition, with renovations planned
Upgrades will reflect art-centric Fairfax Avenue location with long-term plan for multifamily units Los Angeles – (July 29, 2024) [...]
BOLOUR expands debt team with Tyler Maghen
BOLOUR has expanded its debt team, welcoming Tyler Maghen as our newest Analyst. Tyler is responsible for evaluating debt [...]