Benchmark Commercial Real Estate Services

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A COMMERCIAL REAL ESTATE BROKERAGE FIRMserving northern california since 2009
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Archway Commons Affordable Housing Development | Modesto, CA | 150 Units, 8.6 AcresSet on 8.6 Acres off of North 9th Street in Modesto, this property was selected over a decade ago as a Catalyst Site for the improvement of Downtown Modesto. This development will accomplish that goal. With 150 units surrounding a park like setting, this freeway visible project will beautify the City, bring housing closer to downtown, and provide an excellent housing option for Modesto residents who could not otherwise afford it.Scope of Services:The site was negotiated for and acquired.An annexation of 32 infill acres was completed.An agreement between the City of Modesto and the housing developer was drafted and approved.Construction management services will take place as ground is broken.Selected Accomplishments:Management of $11 million construction of 360,000 sf buildingSecured new tenants for propertyRenegotiated property insurance policy with significantly better coverage and reduced costCommissioned a cost segregation study, saving the owner hundreds of thousands of dollarsIdentified deficiencies in building fire protection and system and developed upgrade plan

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