SAN DIEGO—Continuing its nationwide expansion, Trigild, a San Diego-based real estate firm specializing in property and asset management services, has taken over a portfolio of 37 strip centers valued at more than $50 million. The 600,000-sq.-ft. portfolio spans 17 states throughout the Southeast, West and Midwest, including Iowa, Colorado, Michigan, Illinois, Michigan, Louisiana, Wisconsin and Indiana.
Coldwater Portfolio Partners LLC, tapped Trigild to take over day-to-day operations—including lease administration and maintenance operations—for the properties.
“Over the years, we have developed a fullservice national platform with the ability to service the, office, retail and multifamily sectors,” Josh Hall, Trigild regional director of real estate, said in a statement. “The addition of this large portfolio solidifies our growing national presence, as well as our capabilities across all asset classes.”
The majority of the strip centers in the portfolio range in size from 9,000 sq. ft. to 37,000 sq. ft. and contain between two and seven tenants. Many of them are shadow-anchored by a Walmart Super Store.