Commercial Division
The commercial division of Cardinal Investments focuses on retail and office space reposition projects. The company owns and operates 4 retail/office buildings in downtown Manhattan Beach and recently repositioned a large office building in El Segundo.
Park Place
El Segundo, CA
Purchase Price: $31,000,000 Acq. Date: March of 2019
Current Value: SOLD Equity Multiple: SOLD
Morningside
Manhattan Beach, CA
Purchase Price: $8,000,000 Acq. Date: March of 2021
Current Value: $25,000,000 Equity Multiple: 2.98x
213 Manhattan Beach Blvd
Manhattan Beach, CA
Purchase Price: $5,000,000 Acq. Date: July of 2014
Current Value: $25,000,000 Equity Multiple: 3.94x
232 Manhattan Beach Blvd
Manhattan Beach, CA
Purchase Price: $5,000,000 Acq. Date: July of 2014
Current Value: $10,000,000 Equity Multiple: 2.90x
300 Manhattan Beach Blvd
Manhattan Beach, CA
Purchase Price: $10,350,000 Acq. Date: July of 2014
Current Value: $25,000,000 Equity Multiple: 4.50x
Arco Manhattan Beach
Manhattan Beach, CA
Purchase Price: $10,350,000 Acq. Date: Dec of 2020
Current Value: $9,000,000 Equity Multiple: 3.14x
Contact Us
2301 Rosecrans Ave. Suite 4130
El Segundo, California 90245
Phone: (310) 643-5050
info@cardinalinvestments.com