Following a successful panel on the current state of the real estate capital markets, Douglas Wilson used DWC’s Project in Tempe, AZ – Mill & Rio Salado as a current case study for the audience. Read more about it here:

http://roselawgroupreporter.com/2015/04/theres-no-one-road-to-financing-commercial-real-estate-projects/

Douglas Wilson was recently interviewed on 10News to comment on how Petco Park revitalized the San Diego Downtown core and in the long-run provided a major stimulus to the economy. Two successful Douglas Wilson Companies developments were a part of this revitalization, Park Loft- a high-end condo building at 8th and Island and The Mark- a 33 story high-end condo tower at 8th and Market.

Read the 10News article here:
http://shar.es/1pW7UK

Winter 2014 Newsletter

by DWC Team on January 8, 2015



DWC 1620 Fifth Avenue

Following a successful renovation and lease-up, Douglas Wilson Companies (“DWC”) has sold its downtown San Diego headquarters building at 1620 Fifth Ave. to Bosa Development for $18.5 million.

Thomas Olson and Alan Scott of Douglas Wilson Companies and Doug Ceresia and Josh Buchholz of NAI San Diego represented the sellers and Bosa represented itself.

Currently 95 percent occupied, the 80,651-square-foot, nine-story office building includes a six-level parking structure with 212 spaces. Bounded by Fourth, Fifth and Cedar streets, this landmark location is adjacent to Interstate 5 and offers upper-floor views of San Diego Harbor and Balboa Park.

Built in 1985 by Robert F. Driver as headquarters for the Driver Insurance Co., it was only 35 percent leased when Douglas Wilson Companies purchased it in 2010, said Nicholas Wilson, the company’s Managing Director. DWC, which has building-top signage, will retain its space there.

“Through proactive management and a handful of key, well-timed decisions, DWC was able to successfully reposition this asset and lease it up to its current 95% occupancy” said Alan Scott, managing director of DWC’s brokerage division. “While DWC’s brokerage team is often thought of for its work on distressed sales in the judicial context, we have executed a considerable amount of high-profile, complex transactions of performing assets across a diverse range of asset classes – office, multifamily, retail, land, quarries, etc.”

Vancouver, Canada-based Bosa Development, which has offices in San Diego and San Francisco, will add 1620 Fifth Avenue to its income-producing portfolio. Headed by Nat Bosa, the commercial and luxury residential development firm is known locally for its high-rise condominiums. From the 43-story Electra, one of San Diego’s tallest residential structures in the Marina District to The Grand and Bayside Towers overlooking the North Embarcadero, its projects have made an impact on San Diego’s skyline. Bosa Development is expected to begin construction in 2015 on what is known as Parcel 9 at southeast corner of Broadway and Pacific Highway adjacent to the Santa Fe Depot.

“DWC’s in-house resources and marketing process sets us apart from other brokerage firms” said Tom Olson, managing director of DWC’s brokerage team. “We create a customized marketing plan for every asset we sell, and we consistently generate multiple offers from qualified buyers – 1620 Fifth Avenue was no exception.”

DWC’s Tempe Office and Hotel Project Featured in BREW

September 18, 2014

DWC’s planned office and hotel project in Tempe, Ariz. was recently featured in the Business Real Estate Weekly of Arizona (BREW). Tempe – The red hot market in Tempe is getting even hotter as new hotel and office towers are planned on Mill Avenue alongside the landmark Monti’s La Casa Vieja restaurant. The $150 + million […]

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Douglas Wilson Speaks at Regional TOD Summit

July 16, 2014

Douglas Wilson, Chairman and CEO of Douglas Wilson Companies (DWC), recently participated in Circulate San Diego’s (CirculateSD) panel discussion on Transit Oriented Development (TOD). The summit brought together elected officials, public sector leaders and a diverse mix of private sector land use professionals to explore what is necessary to create high-quality, financially feasible TOD projects. Click here […]

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DWC’s Shadow Ranch Sale Featured in REBUSINESS ONLINE

June 26, 2014

The $8.8 million sale of Shadow Ranch West — a  101-acre parcel in Indio, CA that is zoned for mixed-use development — by Douglas Wilson Companies’ (DWC) brokerage division, was recently featured in REBUSINESS ONLINE. Click on the following link to read the article online: BH PROPERTIES BUYS LAND IN INDIO FOR $8.8M. The transaction is […]

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Building for Mobility: Regional TOD Summit

June 25, 2014

As a leading mobility advocate, Circulate San Diego will be hosting a frank discussion about how the development community can overcome the challenges associated with adding density in existing neighborhoods.   The discussion – which features a diverse panel of land use experts – will explore what policies and/or incentives are needed to streamline the […]

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Douglas Wilson in the News

June 16, 2014

Douglas Wilson, Chairman & CEO of Douglas Wilson Companies (DWC), was a featured panelist at the San Diego/Tijuana Chapter of the Urban Land Institute’s (ULI) June breakfast. The breakfast, titled “How to Prepare and Thrive in the Next Downturn,” explored how succeed in real estate during good times and continue to profit in the down markets The […]

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Spring 2014 Newsletter

May 31, 2014

Douglas Wilson Companies’ Spring 2014 Newsletter

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