Development, Investment, Land, Retail, Buyer Representation, Landlord Representation, Multifamily, Tenant Representation
Scope of Service Experience
Mr. Shelton is a commercial real estate broker specializing in the development, retail leasing and sale of multi-family / mixed-use projects / retail properties in the Los Angeles area for more than twenty years with both CB Richard Ellis and NAI Capital, Inc. Throughout his real estate tenure, he has been involved in a wide variety of commercial transactions from bank asset sales to shopping center sales. Mr. Shelton's high level of repeat business is testimony to his organizational skills, attention to details, and resource capabilities, which sets him apart from his competitors and allows him to continually provide quality real estate service to his clients.
Background & Experience
A partial list of clients he has worked with include: Hudson Pacific Properties, Inc., McCormack Baron Salazar, SunAmerica Investments, Inc, Home Savings of America, Fairfield Residential, LLC, AMERSCO, Archon Group, Carmel Partners, LLC, RTC, Carbon Mesa Advisors, PC Investments, Inc., Casden Company, Palmcrest Realty Corporation, Chandler Partners, Abode Communities, Essex Property Trust, Pacific Property Company, AvalonBay Communities, Inc., Astani Enterprises, Inc., Regency Centers and Archstone, Inc.
Retail Clients: Costco, Starbucks, Subway, Box Brothers, LA Fitness, Red Mango, Kumon Learning Center, First Financial Credit Union, Juice it Up, Comerica Bank, Salad Farm, The Counter Custom Burger, DaVita, Inc., Supercuts, T-Mobile, Hertz Rent Car, Jamba Juice, Togo's, Rite Aid, CVS Pharmacy, Best Buy, Sprouts, Smart & Final and Walgreens
Professional Associations & Designations
Member, International Council of Shopping Centers Member, Association of Corporate Real Estate Executives, Southern California Member, Past Chairman, Hollywood Chamber of Commerce Member, Apartment Association of Greater Los Angeles Member, National Apartment Association
Some noteworthy transactions include the marketing and sale of an investment portfolio of 15 assets valued at over $30 million on behalf of SunAmerica Investments, Inc. Financial advisor to Palmcrest Realty Corporation in their refinancing of a $100 million apartment portfolio. The sale of a 4.5-acre land parcel in West Los Angeles for the development of a 300-unit luxury apartment project valued at over $60 million. The sale of a 1.36-acre land parcel in Mid-Wilshire for the development of a transit oriented mixed-use project that consist of 159 units over 7,800SF of ground floor retail.