PCCP, LLC - A Wide Range of Commercial Real Estate Projects
About PCCP, LLC
Focused on middle-market projects across the United States, PCCP, LLC, is a Los Angeles-based commercial real estate firm with offices in New York and San Francisco. PCCP’s transactions span a wide range of real estate products and invests across the capital stack, from senior and mezzanine debt to joint venture equity. Veteran PCCP staff members have a shared focus on providing superior service as they arrange transactions.Among PCCP’s recent engagements was a joint venture formed with Align Real Estate in May 2017. The project encompasses the acquisition of the two‐building Walnut Creek Center. The Class A office property was sold to PCCP by Northwestern Mutual Life Insurance, which had owned the building since its construction in the early 1980s. Situated on 3.26 acres, the property neighbors the Walnut Creek BART Station and enjoys a 96 percent occupancy rate.The joint venture has been described by PCCP managing director Erik Flynn as representing a transit-friendly in-fill opportunity in a growing submarket of the San Francisco Bay Area. The joint venture includes PCCP adding value to the property through capital improvements totaling $3 million.
Real Estate Roundtable
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