written by
Natalie Baylon

August 2025 – Intersection Equities, LLC, in partnership with an affiliate of Blue Vista Capital Management, LLC, is pleased to announce the sale of three standalone industrial buildings totaling 7,459 square feet within Shadow Rock Commerce Center in Jurupa Valley, California. Closed over the past year, the transactions achieved an aggregate value of $1,960,000 ($263/SF) and represent key milestones in the execution of Intersection’s value-add business plan for the Inland Empire property.

“Executing these sales underscores both the strength of the Inland Empire market and the success of our repositioning strategy,” said Tara Moore, Asset Manager for Intersection Equities. “We were able to create outcomes that appealed to distinct buyer profiles while maximizing value for our investors.”

Anton Myskiw, Senior Associate with Intersection Equities, added: “These transactions were a critical step in buying down our basis and de-risking the overall investment. By executing partial sales while continuing to enhance the remaining buildings in the portfolio, we’re advancing the property toward long-term stabilization and value creation.”

Intersection and Blue Vista acquired Shadow Rock Commerce Center in June 2023 as part of their strategy to identify and acquire well-located industrial assets with value-add potential. The partnership continues to own and operate the remaining buildings within the multi-building project, with a focus on further improvements and long-term performance.

written by
Natalie Baylon

Intersection Equities, in partnership with Sundance Bay, has acquired Valley View Industrial, a 48,304-square-foot multi-tenant flex industrial facility in Southwest Las Vegas. The property at 5325 S. Valley View Blvd. sold for $8.75 million ($181 per square foot), strengthening Intersection’s commitment to the shallow-bay industrial sector.

Strategic Investment in a High-Growth Market

This marks Intersection’s seventh industrial investment and fourth in Las Vegas, reinforcing its focus on well-located properties with strong fundamentals. Valley View Industrial spans 1.9 acres and offers nine warehouse/office units ranging from 1,000 to 28,000 square feet. The property features:

  • 14’ to 18’ clear heights
  • 11 grade-level doors
  • High-visibility hard-corner location with strong daily traffic

Growing Demand for Las Vegas Industrial Space

“The demand for shallow-bay industrial properties in Las Vegas keeps rising due to population growth, strong tenant demand, and a limited supply of new developments,” said Anton Myskiw, Associate at Intersection. “This acquisition aligns with our strategy to invest in prime locations with value-add potential.”

Rocco Cortese, CEO of Intersection, added, “Our investment in Valley View Industrial reflects our commitment to enhancing industrial properties in dynamic markets. Through strategic upgrades and hands-on asset management, we aim to drive long-term value for investors and tenants.”

Prime Location with Excellent Connectivity

Valley View Industrial sits near Highway 15 and Highway 593, offering quick access to the Las Vegas Strip and major transportation routes. Given the scarcity of similar industrial properties, the facility is expected to attract a wide range of tenants, including warehousing, manufacturing, and logistics businesses.

Planned Upgrades & Value-Add Strategy

Intersection Equities plans key property enhancements to elevate Valley View Industrial to an institutional-quality asset. Planned improvements include:

  • Façade upgrades to modernize the exterior
  • New exterior paint for a fresh, updated look
  • Parking lot seal and stripe enhancements to boost curb appeal and long-term value

Transaction Details

Erik Sexton and Camila Rosales of NAI Excel represented the buyer in the transaction. The seller, Sanders Wyoming Trust, participated in the negotiations.

 

written by
Tara Moore

Managing Small Bay Industrial Properties

Vacant small bay warehouse shown in broom clean, white box condition.

Managing Small Bay Industrial Properties

Small bay industrial properties have become a standout in the commercial real estate world, gaining attention for their versatility and ability to attract a variety of tenants. These spaces are ideal for businesses like light manufacturing, logistics, and service providers. To manage them well, it’s all about balancing tenant needs, smooth operations, and long-term value.

 

Key Features of Small Bay Industrial

1. Size and Layout: These properties typically have unit sizes between 1,000 and 10,000 square feet, perfect for small to medium-sized businesses. Shallow bays make it easy to maximize the space, with features like grade-level loading doors and drive-in bays for smaller trucks and vehicles.

2. Flexibility: Small bay industrial properties are incredibly versatile, attracting tenants ranging from local service businesses to e-commerce operations. Many units include a small office area (about 5–20% of the space), making them ideal for businesses needing both workspace and admin areas.

3. Market Trends: E-commerce growth and the push for last-mile delivery have increased demand for small bay spaces, especially those close to urban areas. These properties can achieve high occupancy rates due to their adaptability and affordability, making them appealing to tenants like artisans, contractors, and specialty manufacturers.

 

Tips for Managing Small Bay Industrial

1. Maximize Occupancy

To keep vacancies low, you need a strong marketing plan, good relationships with brokers, and a clear strategy to attract tenants that match your property’s setup. Moreover, preparing spaces in advance (like white-boxing them) ensures they’re ready for tours, which speeds up leasing. Additionally, keeping an open line of communication with tenants can also boost satisfaction and encourage longer leases.

2. Build Strong Tenant Relationships

Tenants in small bay industrial spaces often have changing needs, like growing their business or needing more space. Therefore, stay ahead of these changes by maintaining regular communication and responding to their concerns quickly. Furthermore, building a sense of community among tenants can enhance satisfaction, strengthen retention, reduce turnover, and encourage long-term lease commitments.

3. Invest in Upgrades

Strategic upgrades like better loading docks, improved security, fresh exterior paint, and HVAC updates can set your property apart. Making these updates early on can help attract tenants faster, allow you to raise rents, and position your property as a premium option.

4. Be Transparent with CAM Costs

Tenants pay a lot of attention to common area maintenance (CAM) charges, so clear communication here is key. Explain how costs are allocated and ensure budgeting is accurate. This builds trust and helps with lease renewals. Regularly reviewing service contracts can also keep expenses in check.

5. Stay on Top of Maintenance

The last thing you want is a tenant’s business being disrupted by a maintenance issue. Regular inspections of key systems like HVAC, plumbing, and electrical help prevent costly problems. Adding security features like gated entry or cameras can also make your property more appealing and even justify higher rents.

6. Follow Market Trends

Industrial real estate is constantly evolving, and staying informed can give you an edge. The rise of e-commerce and demand for last-mile delivery hubs make small bay spaces near cities more valuable than ever. Keep an eye on what tenants are looking for so you can adapt and stay competitive.

 

Wrapping It Up

Managing small bay industrial properties comes down to proactive management and keeping tenants happy. In addition, by focusing on strong tenant relationships, smart operations, and strategic improvements, you can boost occupancy, generate steady income, and create long-term value. The key is to stay adaptable and put tenants at the center of your strategy.

 

Aerial view of a small bay industrial building at Shadow Rock Commerce Center.

Tara Moore is the Asset Manager for Intersection Equities, executing business plans, optimizing operational performance for properties. For general inquiries, please contact Tara at [email protected] 

written by
Natalie Baylon

Intersection Equities Sells Key West Business Park in Gilbert, AZ for $19.05

Sale Demonstrates Strong Value-Add Strategy and Robust Market Fundamentals

Exterior view of Key West Business Park in Gilbert, Arizona, showcasing newly painted blue and white buildings and lush landscaping with mature trees.

Intersection Equities is pleased to announce the successful off-market sale of the Key West Business Park in Gilbert, Arizona. The property was acquired by CSIM Key West Owner LLC, a Delaware limited liability company, for a total price of $19,050,000, or $199 per square foot. The transaction includes 95,945 square feet of industrial space located at 700, 720, and 734 N Golden Key Street, Gilbert, AZ 85233-3803.

Key West Business Park was originally acquired by Intersection Equities in May 2022, which recognized the asset’s strategic location, strong submarket fundamentals, and significant value-add potential. In alignment with their investment strategy, Intersection Equities invested in a series of capital improvements that included addressing deferred maintenance, enhancing curb appeal with new paint, landscaping upgrades, and parking lot repairs.

“We saw the potential to transform Key West Business Park through a proactive leasing program led by capital expenditures that enhanced both the appearance and operations of the property,” said Rocco Cortese, CEO and Co-founder of Intersection. “This sale generated strong value-add returns for our investors and further validated our thesis around small-bay industrial properties.”

Following these improvements, over 93% of the rentable square footage was re-tenanted, and the property was sold with a Weighted Average Lease Term (WALT) of two years, providing the new buyer with the opportunity to further increase rents. The investment’s overall success was underscored by a significant increase in rental rates: the weighted average rental rate at acquisition was $0.50 per square foot, and at sale, it had risen to $1.06 NNN per square foot.

“We were able to push rents well beyond what we initially underwrote, thanks to the strong location and tight market conditions,” added Anton Myskiw, Senior Associate at Intersection. “Despite the challenges in the capital markets, we were able to meet our financial projections and deliver strong returns.”

The property was sold to CSIM Key West Owner LLC, who participated in the sale process when the property was originally marketed in 2023.

The successful transaction reflects the continued demand for well-located industrial assets in the Gilbert area and highlights the strategic value of industrial real estate in high-growth markets. Intersection Equities plans to continue to pursue similar opportunities in key U.S. markets as part of its ongoing investment strategy.

To learn more about this transactions, please reach out to Anton Myskiw @[email protected]

written by
Natalie Baylon

Intersection Sells San Marcos Square for $7.25M

1596-190 S. Rancho Santa Fe Road, San Marcos, CA 92078

Intersection Announces Sale of San Marcos Square for $7.25 Million

Intersection is pleased to announce the successful sale of San Marcos Square, a prime retail property located at 156-190 S. Rancho Santa Fe Road, San Marcos, CA. Buddha San Marcos LLC and Mindful San Marcos LLC purchased the property for $7,250,000, or $340 per square foot. This transaction, therefore, further underscores the continued demand for high-quality retail assets in the region.

Prime Location & Value-Add Strategy

In late 2017, HCV San Marcos Square LLC—an affiliate of Intersection—acquired San Marcos Square, recognizing both its strong location and value-add potential. The company immediately addressed deferred maintenance issues and, as a result, enhanced the property’s exterior, ultimately increasing its appeal to both tenants and investors alike.

Strategic Leasing & Tenant Mix

Subsequently, Intersection Commercial Brokerage worked diligently to curate a diverse tenant mix, which significantly strengthened the property’s credit profile. Notably, the team re-tenanted more than 50% of the rentable square footage, leading to a weighted average lease term (WALT) of 6.5 years. These efforts, in turn, substantially improved the center’s long-term value.

“San Marcos Square has undergone a remarkable transformation,” said Dan McCarthy, Senior Director at Intersection. “By curating a strong tenant mix, we enhanced its appeal and created an engaging retail environment for the community. The blend of local and national tenants, combined with its prime location, makes this a strong investment.”

Additionally, Alec Spencer, Senior Associate at Intersection, remarked, “Our leasing efforts revitalized the property, and we are proud of the transformation.”

High Demand for Quality Retail Investments

Ultimately, private investors acquired the property to generate long-term cash flow and appreciation. As a result, this sale reaffirms the strong market demand for well-positioned retail centers.

To learn more about this project or the deal, please reach out to Alec Spencer at [email protected]

Natalie Baylon is the Marketing Manager at Intersection, providing strategic marketing expertise to support business objectives across company divisions. For general and marketing inquiries, please get in touch with Natalie at [email protected] 

written by
Natalie Baylon

Intersection Equities & Blue Vista Facilitate Partial Sale at Riverside Industrial Project

 Intersection Equities and Blue Vista, together BVIE Riverside Park Owner, LLC (“Owner”), announce the successful partial sale of a 3,000 SF retail building within its small-bay industrial project, located at 2902-2976 Rubidoux Blvd. in Riverside, CA. The transaction, valued at $780,000 ($260 per square foot), marks a strategic milestone for both the buyer and seller in achieving their respective real estate objectives.

The buyer, Alfonso Sandoval Jimenez, an existing tenant at the project, capitalized on the opportunity to acquire their building, demonstrating their historical success at the project, and confidence in their business’s future growth. This sale was facilitated through favorable Small Business Administration (SBA) financing terms, allowing Jimenez to gain control over their real estate. For the Owner, this transaction represents the successful execution of their continued business plan, by selling individual parcels at a premium relative to the acquisition basis of $160 per square foot.

“This partial sale reflects a win-win outcome for all parties involved,” stated Rocco Cortese, CEO and Co-founder of Intersection Equities.

“Jimenez secured ownership of their space under favorable financing terms, while we mitigated risk and reduced debt exposure. This transaction underscores our strategy of adding value through strategic asset management and proactive tenant relations.”

Anton Myskiw, Senior Associate at Intersection Equities, added, “The successful sale of this retail building validates our investment thesis and enhances the overall value of our Riverside small-bay industrial project.”

Intersection Equities continues to pursue opportunities that optimize value for tenants and investors alike, leveraging its expertise in industrial real estate.

To learn more about this project or the deal, please reach out to Anton Myskiw at [email protected]

Natalie Baylon is the Marketing Manager at Intersection, providing strategic marketing expertise to support business objectives across company divisions. For general and marketing inquiries, please get in touch with Natalie at [email protected] 

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