SAN FRANCISCO, (Aug. 13, 2018) – Pacific Union Commercial, an independent division of Pacific Union International, the West Coast’s leading independent real estate brokerage, announced the dynamic growth of the San Francisco-based commercial brokerage in the Bay Area and Los Angeles with new president Stephen Pugh at the helm.
The dedicated, full-service commercial real estate division specializes in investment sales of all asset classes, including multifamily, retail, hospitality, office, industrial and land. Pugh leads the team of 45 commercial real estate professionals in Los Angeles and San Francisco, with Los Angeles-based Dario Svidler and Tim Byrne as executive vice presidents/co-regional directors and Robert Fitzgerald as operations manager. Sales volume for the newly expanded division is projected at $500 million for 2018.
Distinguishing the brokerage from others, Pacific Union Commercial ascribes to the shared pillars of its parent company, Pacific Union: teamwork, trust, and innovation. With sales volume of $14.1 billion in 2017, Pacific Union International offers unique leverage to its commercial brokerage, with a network of 1,700 real estate professionals in California, a China concierge based in Beijing, and proprietary real estate industry innovations positioned to drive extraordinary services to clients that exceed their expectations.
“Today’s progressive investors don’t just value sales skills,” Pugh says. “They want the transformative power of creative collaboration. Beyond problem-solving, negotiating, and facilitating, we’ll be the catalyst for the unexpected solution you didn’t see coming.”
Multi-Family, Retail and New Development highlights for the brokerage are strong and include the iconic Trinity9 portfolio in San Francisco and a wide range of investment opportunities in Oakland and Los Angeles County:
Trinity9 Portfolio: Nine multifamily properties valued at $85 million
73 unit Portfolio: Two Prime multi-family properties valued at $15.3 million
Los Angeles County
6916 Reseda Blvd/Reseda: 158unit/13k Retail for $12,500,000
6345 Primrose Ave.: 10 units in Hollywood Dell for $4.5 million
409 & 512 S. Rampart Blvd.: 77 low-income housing units for $7.35 million
8301 Santa Monica Blvd.: Three-tenant retail development/redevelopment site for $13 million
130-6-1316 S. Glendale Ave.: 37,486 square feet of land zoned C3 for $5.5 million
7038 Sunset Blvd.: 33,520 square feet of land zoned C4 for $20.8 million
6908 Knowlton Ave.: 18 newly constructed units in Westchester for $11 million
Pacific Union Commercial is headquartered in San Francisco at 724 Battery St., with a new Los Angeles office on Rodeo Drive in Beverly Hills, a flagship of Pacific Union International in Southern California. The company has been serving commercial real estate needs in San Francisco since 1974, and recently announced the formation of its new team in Los Angeles, which collectively has produced more than $1 billion in sales in the Southern California region.
Pacific Union Commercial Brokerage
Established in San Francisco in 1974, Pacific Union Commercial, a division of Pacific Union International, the West Coast’s leading independent real estate brokerage, offers comprehensive services for leasing, buying, and selling land and commercial properties of all asset classes, including multifamily, retail, hospitality, office and industrial throughout Northern and Southern California.
Brokerage President Stephen Pugh leads the division’s team of 45 commercial real estate professionals in Los Angeles and San Francisco, with Los Angeles-based Dario Svidler and Tim Byrne as executive vice presidents and co-regional directors. Sales volume for the newly expanded brokerage is projected at $500 million for 2018.
Pacific Union Commercial ascribes to the same pillars of performance — teamwork, trust, and innovation — set by its parent company to provide a road map for superior production. It further leverages Pacific Union International’s extensive network of 1,700 elite real estate professionals in more than 50 offices across California, a Chinese concierge headquartered in Beijing, and a deep tool chest of innovative data analysis and technology. For more information, https://www.puicommercial.com/