Matt Winefield to Speak at Groundwater Resources Association of California on October 25, 2021 in Costa Mesa, CA
Join SoCal GRA for their first in-person meeting of 2021! The SoCal Branch of GRA is taking extra precautions to ensure everyone's safety. Please read below for more information.
Our very own Matt Winefield will present on various topics surrounding brownfields acquisition and development including discussion surrounding emerging contaminants.
Click here to register!
On September 18th, Matt Winefield moderated a presentation with LA County Assessor Jeff Prang to discuss: COVID-19’s impacts on the Assessor’s operations and our property values; 2020 real estate ballot measures and propositions, including the split roll property tax proposal; and the Property Tax Cost Savings Program. This discussion is impactful for any California property owner who is concerned about property values and taxes that may result from current ballot measures. Many thanks to UCLA Bruin Professionals and the UCLA Real Estate Alumni Group for the remarkable Zoom venue.
In late July, Matt Winefield had the pleasure of sharing his perspective on how COVID-19 may impact commercial real estate property transfers with an emphasis on environmental remediation liabilities. Apex Companies, LLC was kind enough to host the Zoom seminar, which included Apex professionals nationwide. Below is a summary of likely property transfer flow in both the strip mall and industrial sectors. Many thanks to Erin Kane of Apex for introducing us to so many Apex managers, who asked great questions about the state of the commercial real estate market in the coming months and how environmental projects may be impacted.
On April 7th, I had the pleasure of lecturing in Prof. Eric Sussman’s course Advanced Case Studies in Entrepreneurial Real Estate at UCLA Anderson. Zoom is wonderful and the MBA students were brilliant; however, it’s going to take time to get used to presenting in an empty room with questions coming from overhead speakers. The focus of the presentation was to share technical and financial nuances of brownfield redevelopment, which can create tremendously beneficial impacts for our cities. Many thanks to Professor Sussman and the UCLA Anderson community for their hospitality. Go Bruins!
We're often asked how we conduct our financial analyses for prospective brownfields investments. Here is an overview of our approach. It is a brief clip of Matt Winefield's presentation at the Yosemite Environmental Law Conference in October 2019.
Winefield & Associates is selling prime redevelopment land in Hollywood, California. After 15 years of environmental remediation, the Water Board has released the site for development. We are being represented by CBRE, which has created the following informational web site: www.1353western.com.
Winefield & Associates (W&A) recently acquired a 25,000 sq. ft. former gasoline station in the City of Industry. The tanks have been removed, and there remains a 2,700 sq. ft. free-standing building on site. W&A is currently negotiating terms with a national convenience store chain, which will entitle the property and construct improvements pursuant to a long-term, triple-net lease. We expect the site will be available for rent for 18 months during the entitlement process. If you have interest in renting the site for the next 18 months, please contact Matt Winefield (firstname.lastname@example.org; cell 562-618-0037). Site address: 841 S. 7th Avenue, City of Industry, CA 91745
Winefield & Associates Hollywood Investment Buttressed by Development Boom, Including Resumption of Super Staples Project
In 2016, Winefield & Associates (W&A) acquired a 0.4-acre former gas station parcel near the corner of Western & Sunset in Hollywood. W&A’s remediation process is almost completed, and development in that immediate area is booming. A plethora of commercial and residential projects are now underway. The most notable nearby project is the Super Staples that, due to litigation, had to cease construction for four years. That construction has now been given the green light to complete. This is just one of dozens of development projects changing the Hollywood landscape for the better. W&A is delighted that our site will soon be available for sale across the street from this Super Staples development and in the immediate vicinity of a development boom.