Three substantially complete industrial condominium buildings planned for 16 units and an unimproved area planned for the development of additional buildings on a commercial land parcel of approximately four acres located in the unincorporated area of Corona, Riverside County,  California.

Project Description

Douglas Wilson Companies (DWC) was charged to preserve and protect the property.

Scope of Work

DWC’s responsibilities included securing the property, identifying and recommending site stabilization measures for life safety concerns, weed abatement, regrading and repair of the eroded parkway, removing unauthorized occupants residing on the property, researching the status of entitlements and steps necessary for their preservation, and preparing recommendations for disposition of the asset.

Project Resolution

The business park was foreclosed upon and the Receiver was successfully discharged.

Project Name

Polytek Corona Business Park

Client

Superior Court of the State of California, Riverside County

Location

Corona, CA

Service Provided

    Douglas Wilson Companies was founded in 1989 to provide a wide range of specialized business, workout, and real estate services to law firms, state and federal courts, corporations, partnerships, pension funds, REITs, financial institutions, and property owners throughout the United States.

    ADDRESS

    1620 Fifth Avenue
    Suite 400
    San Diego, California 92101

    PHONE

    (619) 641-1141

    EMAIL

    info@douglaswilson.com