Shea Properties is experiencing a period of unprecedented growth and is actively seeking viable sites in core locations in California, Colorado, Washington, and other key west coast locations. The table below outlines the basics of what the company looks for in new opportunities, but it is only a guideline. We are always open to compelling development opportunities, and always willing to listen and consider.
Unprecedented Expansion
Apartments
Office
Retail
Industrial
Product Type
Apartments
Market Rate Garden, Mid-Rise, and Wrap Style Apartments.
Mixed-Use Developments may include a significant retail component.
Office
Build-to-suit and spec office.
Re-imaging of existing office parks.
Low, mid or high-rise construction.
Retail
Ground up new construction or rehab/renovation of existing center.
Grocery anchored preference or promotional retail with strong national or regional anchors.
Industrial
Industrial buildings from 50K-250K SF with 5-10% Office.
Target Markets
Apartments
Southern California (Orange, Los Angeles, Ventura, and San Diego counties).
Northern California (Bay Area).
Washington (Seattle/King County).
Downtown Denver, Metro Denver, Cherry Creek, DTC, and Meridian.
Office
Downtown Denver, Metro Denver, Cherry Creek, DTC, and Meridian.
Retail
Southern California (Orange, Los Angeles, and San Diego counties, Inland Markets).
Northern California (Bay Area, Sacramento).
Downtown Denver, Metro Denver, Cherry Creek, DTC, and Meridian.
Industrial
Southern California (Orange, Los Angeles, and San Diego counties, Inland Empire).
Northern California.
Metro Denver, DTC, and Meridian.
Location / Quality
Apartments
A+ to B, preferably in-fill, urban and suburban locations.
Office
A+ in DTC and Meridian International Business Center, other locations on spec.
Retail
A+ with strong preference for mixed-use urban in combination with Shea Apartments.
Industrial
A+ to B, preferably in-fill, urban and suburban locations.
Community / Size
Apartments
Minimum of 150 apartment homes.
Office
40K SF to 200K SF.
Retail
Minimum of 60K SF.
Industrial
Land from 10-100 acres. Buildings from 50K-250K SF. Business Parks up to 1M SF.
JV Opportunity
Shea Properties will partner with owners who contribute their property for re-development. Shea Properties will typically co-invest in the project and serves as developer, manager and general partner of the property.