proposal to provide brokerage services
TRANSCRIPT
VACAVILLE GATEWAY
35-Acres
COTATI COMMONS
11-Acres
EAST WASHINGTON
PLACE34-Acres
Petaluma, CA
FORMER WALMART
SITE 17-Acres
Hercules, CA
JONES RANCH
26-AcresConcord, CA
THE CORNERS
1.5-Acres
Walnut Creek, CA
PLAZA DE SAN JOSE
19-Acres
Comparable Shopping Center land sales completed by John Cumbelich & Associates
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1330 N BROADWAY, SUITE 200A WALNUT CREEK, CA 94596 (925)935-5400 (925)940-9583 FAX WWW.CUMBELICH.COM
Mr. David Biggs City Manager Ms. Holly Smyth Director of Planning
RE: Proposal to Provide Brokerage Services Sycamore Crossing, Hercules, CA
Dear Mr. Biggs and Ms. Smyth,
Our firm is pleased to provide the following proposal in response to the City of Hercules’ desire to partner with a brokerage firm to assist in the disposition of the Sycamore Crossing site.
Through partnerships with the owners of retail development sites and several of the most capable buyer/developers, we have successfully consummated more sales of shopping center development sites in the Bay Area than any other firm. The majority of the properties we have sold are freeway proximate sites that range from ten to twenty acres – highly comparable to the subject property. Examples of several of these transactions are detailed on the following pages.
Notably, several of transactions we have completed involved sellers that were local Bay Area municipalities, Redevelopment Agencies or similar institutions. We have maintained close relationships with these organizations and multiple references are provided.
More than simply consummating sales that achieved top dollar, we have consistently been able to identify buyers and complete transactions with developers who transformed their communities for the better. Evidence of this can be found at Plaza de San Jose, The Corners in Walnut Creek and East Washington Place in Petaluma, to name a few. We hope to be able to share some of these details in person.
While we enjoy the strength of 35-partner offices throughout North America, our team is locally based here in the East Bay and our expertise in this market is unsurpassed.
Thank you for your consideration.
SINCERELY,
JOHN CUMBELICH & ASSOCIATES, INC. John L. Cumbelich Chief Executive Officer [email protected] CA BRE #01006249
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TABLE OF CONTENTS
BROKER’S QUALIFICATIONS
SUBMISSION REQUIREMENTS
ATTACHMENTS RESUME - JOHN CUMBELICH RESUME - TIM SEILER
4
BROKER’S QUALIFICATIONS1. MUST BE LICENSED AND IN GOOD STANDING
WITH THE CALIFORNIA BUREAU OF REAL ESTATE.
Confirmed
2. HAVE A MINIMUM OF FIVE (5) YEARS OF
EXPERIENCE WORKING IN THE SALE OF REAL
PROPERTY.
Our team members each bring approximately 30
years of experience to this opportunity.
3. MUST HAVE AN EXCELLENT REPUTATION IN THE
REAL ESTATE COMMUNITY.
John Cumbelich has served as Chairman of the
International Council of Shopping Centers (ICSC)
Northern California conference on three occasions.
Tim Seiler is the recent past State Director for ICSC.
4. MUST BE KNOWLEDGEABLE IN PUBLIC REAL
ESTATE TRANSACTIONS.
John Cumbelich & Associates represented the City of
Walnut Creek on both the successful disposition of a
core land site in the downtown retail district, as well as
on multiple leasing assignments. The firm successfully
consummated a Home Depot sale on excess City of
Concord property. The firm also consummated the
19-acre sale of a shopping center site for the San Jose
Redevelopment Agency.
5. HAVE AN ACTIVE CERTIFICATE/LICENSE TO DO
BUSINESS IN THE CITY OF HERCULES OR OBTAIN
A CERTIFICATE/LICENSE AS A CONDITION OF THE
LISTING AGREEMENT.
Pending
6. DEMONSTRATE EXPERIENCE MARKETING
COMMERCIAL AND MIXED-USE PROPERTIES FOR
THEIR HIGHEST AND BEST USE.
The firm’s principals both have approximately 30
years of experience in sourcing buyers and tenants for
several of the Bay Area’s highest profile commercial
and mixed-use properties. A partial list includes
Downtown Pleasant Hill - 350,000 SF
Century Plaza, Pittsburg, CA - 500,000 SF
The Village, Walnut Creek, CA - 40,000 SF
Broadway Pointe, Walnut Creek, CA - 90,000 SF
Cochrane Commons, Morgan Hill, CA - 250,000 SF
Lafayette Mercantile, Lafayette, CA - 30,000 SF
7. HAVE OR OBTAIN ANY AND ALL NECESSARY
INSURANCE, INCLUDING LIABILITY INSURANCE
Confirmed
8. FAMILIARITY WITH CREATIVE RETAIL CONCEPTS
IS PREFERRED.
In addition to an extensive resume in the sourcing,
development, leasing and sale of suburban shopping
centers, the firm has successfully represented Lifestyle
projects (e.g. Lafayette Mercantile, La Fiesta Square),
Premium Retail projects (e.g. The Corners, Walnut
Creek – Tiffany & Co., Apple), Mixed Use projects (e.g.
The Village, Walnut Creek – California Pizza Kitchen, TD
Ameritrade, Kona Grill).
9. KNOWLEDGE OF REDEVELOPMENT DISSOLUTION
PROCESS IS PREFERRED BUT NOT REQUIRED.
As stated above, the firm has successfully completed
land sale transactions with redevelopment agencies in
multiple Bay Area municipalities.
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The firm is the unrivaled leader in the sale of shopping center sites in the San Francisco Bay Area.
SUBMISSION REQUIREMENTS
1. LIST OF YEARS IN BUSINESS AND PREVIOUS NAMES OF THE FIRM, IF ANY.
29 years in business. No previous names of the firm.
2. DESCRIPTION OF YOUR FIRM, INCLUDING SIZE OF FIRM, LOCATION, LEAD BROKER TO BE ASSIGNED TO
PERFORM THE PROPOSED SERVICES, INCLUDING A BRIEF RESUME.
John Cumbelich & Associates is a Walnut Creek based firm that specializes exclusively in retail-commercial real estate brokerage in Northern California. The firm is not a general commercial brokerage firm with office and industrial brokers, etc – we specialize exclusively in the retail shopping center space, where we have become recognized experts. The firm has consummated several of the highest profile retail real estate transactions in Northern California over the past 15 years.
The firm was established in 2000 by John Cumbelich, who at that time was the #1 ranked retail broker in Northern California for CBRE. Today, our boutique brokerage firm is one of the leading retail brokerage firms in the west and has five retail-only brokers supported by a Creative Director who handles all marketing materials, mapping, brochures and website media, and an Operations Director.
John Cumbelich & Associates is a member of X Team International, a partnership of 35 retail-only brokerage firms throughout the US and Canada. Mr. Cumbelich is a founder of X Team International (www.xteam.net) and the firm is the exclusive Northern California partner.
We propose a team comprised of Mr. Cumbelich as lead broker, Mr. Tim Seiler as associate broker and Ms. Liz Baker who would prepare all marketing and media for the assignment. (See resumes in Attachments)
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SUBMISSION REQUIREMENTS3. DESCRIPTION OF EXPERIENCE (MINIMUM
FIVE YEARS OF PREVIOUS EXPERIENCE WITH
PROVEN EFFECTIVENESS) THAT YOUR FIRM OR
ORGANIZATION HAS IN PERTINENT REAL ESTATE
TRANSACTIONS.
The firm has an unmatched record of sourcing buyers
for shopping center development sites in the Bay Area
that are comparable to the subject property.
A PARTIAL LIST OF SUCCESSFULLY CONSUMMATED
SALES INCLUDE:
• The sale of the 26-acre Jones Ranch site in
Concord, CA (Lowe’s Home Improvement)
• The sale of the 11-acre Cotati Commons site in
Cotati, CA (Proposed Safeway)
• The sale of the 34-acre East Washington Place
site in Petaluma, CA (Target, Sprouts)
• The sale of the 19-acre Plaza de San Jose site in
San Jose, CA (Target, Walgreens, Smart & Final)
• The sale of 1.5-acre site of The Corners in
Walnut Creek, CA (Tiffany & Co., Apple)
• The sale of the 17-acre former WalMart site in
Hercules, CA for Lewis Retail Centers
• The sale of the 35-acre Vacaville Gateway site in
Vacaville, CA (In Escrow)
A DETAILED DESCRIPTION OF EACH PROJECT
FOLLOWS.
The firm has successfully represented municipalities, universities and private owners on the disposition of retail land sites throughout the Bay Area.
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Sale of the 28-Acre Jones Ranch Site Concord, CA(Lowe’s Home Improvement)
The firm was engaged by Winton Jones Development, a legacy owner of a prominent 28-acre site in Concord, that wished to
take advantage of market conditions and consummate a lease or sale of its under-utilized freeway visible commercial property.
The firm secured the interest of Lowe’s Home Improvement Warehouse and WalMart, signing long term leases with both. When
WalMart encountered entitlement issues, the firm was able to revise the transaction into a sale of the entire development site
to Lowe’s. The transaction totaled $26,498,000.
Reference: Erica Starky, Co-Owner, Winton Jones Development
SUBMISSION REQUIREMENTS
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Sale of the 11-Acre Cotati Commons Site, Cotati, CA(Proposed Safeway)
When Terramar Centers dropped the purchase of this entitled freeway fronting development site, the firm immediately sourced
a buyer, Zylstra Commercial. The buyer performed on a purchase of the property within 60 days of consummating the Purchase
and Sale Agreement. The transaction totaled $4,700,000.
Reference: David Zylstra, President, Zylstra Commercial
SUBMISSION REQUIREMENTS
Cotati
Rohnert Park
Santa Rosa
SITE
37,500 ADT22,000 ADTGravenstein Hwy
Helman Ln
Redw
ood Rd
Alder A
ve
(102,000 ADT)
(90,000 ADT)
9
M1S9 S10
M2
M3
M4
M5S11
28 ' A I S L E
2 4 ' A I S L E
2 8 'A I S L E
2 4 'A I S L E
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SITE AREA I+/- 33.7 AC
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190
20K
8.3K 8.7K
12K
8K
130.8K
15K5K 5K
24K
20K
20K
18.3K
10.8K
42K
8.3K 9K
6.7K6K
/ ACCESS
POOL BLDG.(E)
TO REMAIN(E) SKATEPARK
(E) POOL
BLDG.POOL
(E) (E) POOL
NEW PARKING
( NOT A PART )
EXISTING
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COMMERCIAL
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(N) PYLONSIGN
(N) PYLONSIGN
(N) MONUMENTSIGNS(N) MONUMENT
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101
DATE: DECEMBER 14, 2007REVISED:
CONCEPTUALSITE PLAN
SCALE: 1" = 100'-0"
0' 100' 200' 400'
NOTE: ALL STANDARD PARKING SPACES MEASURE 9'X19'INCLUDING 2' OVERHANG, WITH TYPICAL 25' WIDE AISLEIN FRONT OF BLDG. A1 ONLY AND 24' WIDE AISLE OTHERWISE.PARKING PROVIDED INCLUDES 20% COMPACT SPACESMEASURING 8'X16'.
SUBMISSION REQUIREMENTS
Sale of the 34-Acre East Washington Place Site, Petaluma, CA(Target, Sprouts)
The firm represented Regency Centers in the acquisition of a 34-acre former Petaluma School District site that had been ear-
marked for development by the City of Petaluma. The transaction totaled $21,500,000. Regency is a publicly traded REIT that
expressed a desire to secure Bay Area freeway development opportunities, and asked for the firm’s assistance in sourcing op-
portunities. The firm identified the subject freeway visible development site, negotiated the sale terms with both the School
District and City Manager, and secured the interest of Target and other key anchor tenants, in order to complete the sale.
Reference: Tom Engberg, former VP of Development, Regency Centers
10
SUBMISSION REQUIREMENTS
Sale of the 19-Acre Plaza de San Jose Site, San Jose, CA(Target, Walgreens, Smart & Final)
The subject site was a former abandoned shopping center owned by the City of San Jose Redevelopment Agency. Our firm
identified the site as a retail development opportunity and engaged with the Agency about a sale. The firm then identified
a highly qualified, well financed and reputable development firm, and represented them in submitting a RFP response. The
buyer , Blake Hunt Ventures, secured the approval of the RDA, consummated the sale and developed a Target and Walgreens
anchored center. The land sale transaction totaled $12,414,600.
Reference: Brad Blake, former CEO, Blake Hunt Ventures
11
SUBMISSION REQUIREMENTS
Sale of the 1.5-Acre Site of The Corners, Walnut Creek, CA(Tiffany & Co., Apple Store)
The Corners is one of the premier retail projects in Northern California. John Cumbelich & Associates represented the seller
in the disposition of the prior undeveloped site, and conducted a marketing campaign that secured multiple offers for this
iconic site. The firm delivered a highly qualified developer/buyer, who, with the firm’s assistance proceeded to design and
develop one of Northern California’s landmark retail developments, called The Corners. The project was 100% pre-leased by
the firm to anchor tenants Tiffany & Co., Apple, Tommy Bahama, Pottery Barn Kids and Va Da Vi and has become a tremendous
asset to the community. The land sale transaction totaled $4,850,000.
Reference: Brian Hirahara, President, BH Development
12
SUBMISSION REQUIREMENTS
Sale of the 17-Acre Former WalMart Site, Hercules, CA(for Lewis Retail Centers)
The firm was engaged by Lewis Retail Centers, former owners of the 17-acre site that was later acquired by the City of
Hercules. Our firm marketed the site for lease or sale, and WalMart made an aggressive offer to take on the entitlement risk
via a land purchase. The firm consummated the sale for Lewis Retail Centers.
Reference: Gary Bauer, Vice President, Lewis Retail Centers
SITE
80
13
Vaca Valley Pkwy
Nut
Tre
e Rd
Alli
son
Dr
Sharpe RdOrange Dr
Lincoln Hwy
E Monte Vista Ave
Brow
ns V
alle
y Pk
wy
Grassland Dr
Horsecreek Dr
E Akerly Dr
Leisure
Town Rd
Orange Dr
149,000 ADT
35,000 ADT
SITE
Power Plaza
Nut Tree Plaza
Vacaville Premium Outlets
Vacaville Commons Shopping Center
SUPERCENTER
Vacaville Auto Center
SUBMISSION REQUIREMENTS
Sale of the 35-Acre Vacaville Gateway Site, Vacaville, CA(In Escrow)
In the post-recession recovery, our firm has been pro-active in seeking out development opportunities for our clientele of
shopping center development firms. In the past 12 months, the firm consummated a purchase agreement between the
owner of the subject site, and Browman Development Company, a Walnut Creek based firm that has successfully developed
over fifty shopping centers throughout the west with anchor tenants such as Safeway, Home Depot, Regal Cinema, Target and
Kohl’s. Phase 1 of the proposed 35-acre shopping center is presently going through an entitlement process with a likely close
of escrow in 6-12 months.
Reference: Daryl Browman, President, Browman Development Company
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SUBMISSION REQUIREMENTS
4. DESCRIPTION OF EXPERIENCE IN ASSISTING SIMILAR SIZE ENTITIES, INCLUDING ANY AND ALL SERVICES FOR
GOVERNMENT AGENCIES.
The firm was engaged by the City of Walnut Creek to represent them on the disposition of excess land in its
downtown core (brochure above). We performed an intensive nationwide marketing campaign, leveraging our
35-partner offices in the US and Canada and secured
several offers. The firm then represented the City
of Walnut Creek in an RFP process and the eventual
selection of a buyer who performed on the purchase.
The firm was also engaged by Mills College of
California to represent them in securing a proven,
institutional real estate developer for excess property
on its’ Oakland campus. The firm attracted offers
from institutions across the nation, helped to identify
a developer, and consummated a long term ground
lease at terms very favorable to the college, achieving
their goal for a long term stream of income. The new
development will include a grocery store, pharmacy,
shops and approximately 200 residential units.
SITE
Si te Locat ion Aer ia l
& AssociatesJohn Cumbelich
REQUEST FOR QUALIF ICATIONS
Page 13
OAKLAND,CA
580
MacArthur Blvd
High St
Foothill Blvd
Bancroft Ave
35th Ave
Seminary Rd
Seminary Ave
MacArthur Blvd
MILLSMONT
MAXWELLPARK
FRUITVALE
REDWOODHEIGHTS
LEONAHEIGHTS
BANCROFT BUSINESS
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Grocery/Drug+Urban Housing Development Opportunity3.5 Acre, I-580 Fronting Site, Oakland CAsite location/access aerial
6,265 SF parcel located on the hard corner of North Main Street and Mt Diablo Boulevard,
Walnut Creek’s most visible retail corner.
Corner ofN Main St &
Mt Diablo Blvd
RESTORATION
HARDWARE
(Under Construction)
N M
AIN
STREET
MT DIABLO BLVD
S M
AIN
ST
RE
ET
SITE
Conceptual elevation from Specific Plan
Northern California´s Best Retail CornerFor Sale in Downtown Walnut Creek
1500 WALNUT CREEK, WALNUT CREEK, CA
MILLS COLLEGE, OAKLAND, CA
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SUBMISSION REQUIREMENTS5. DESCRIPTION OF THE PLANNED METHODS OF IDENTIFYING TARGET USER GROUPS AND A DESCRIPTION OF
THE MARKETING MATERIALS AND STRATEGY FOR PRESENTING THE SITE TO THE MARKETPLACE.
Our protocol in marketing for-sale development sites seeks to maximize the exposure of the asset via multiple channels
of distribution. We would promote the offering through:
a. Submitting the Offering Memorandum directly to the targeted buyers (public and private REITs, local and west-
coast regional real estate development firms, major retailers that self-develop, family offices, every owner of
existing Bay Area regional retail centers, other individual owners).
b. Marketing the property throughout the Northern California commercial real estate brokerage community. Our
firm maintains a constantly updated list of over 650 active commercial real estate agents active in retail real estate.
c. Posting the property on Loop Net, the multiple listing service for the commercial real estate industry.
d. Posting the Offering Memorandum on our firm’s web site.
e. Distributing the property nationally via our North American network of 35-partner offices.
f. Promote the opportunity at local, regional and national ICSC shopping center conferences.
In promoting the site, we would emphasize the subject
property’s numerous attributes, not the least of which is the
dearth of mid to large sized retail development sites in core
Bay Area markets. This feature alone will generate significant
interest from users and developers of all product types,
particularly in the retail and mixed-use arena. Additionally,
freeway visibility and convenient freeway access both benefit
the site, as well as the location occupying a strategic void
for numerous retail anchor tenants, including Safeway, CVS
Pharmacy, New Seasons Market, 365 (a moderately-priced
division of Whole Foods Markets) and others.
Targeted buyers would include: Institutional real estate investors/
developers (e.g. Donahue Schriber, Weingarten Realty, DDR); Bay Area and west-coast regional development firms
(e.g. Browman Development, Sand Hill Development, Dollinger Properties); and strong local firms that focus in the
region (e.g. Seeno, BHV CenterStreet) and all other significant owners of high quality real estate assets in the area.
16
YOUR TEAM
LEAD BROKER
John Cumbelich
President & Chief Executive
John will guide the marketing efforts of the team, assist with
the development of the disposition strategy with the client
and be available for negotiations with prospective buyers.
ASSOCIATE BROKER
Tim Seiler
Associate Broker
Tim will participate in all phases of the strategy, marketing,
prospecting, property tours, and negotiations.
We look forward to the opportunity to partner with the City of Hercules and share our team’s decades of experience in the marketing and sale of shopping center sites in the Bay Area.
US & INTERNATIONAL PARTNERS
John Cumbelich & Associates is a founding partner of
X Team International, an alliance of retail real estate special-
ists with 35 North American offices located in major cities
throughout the U.S. and Canada, in addition to internation-
al offices in Europe and Asia. X Team partners offer exten-
sive expertise in major markets worldwide, specializing in
retailer, property and developer representation, portfolio
dispositions and retail investments.
SUBMISSION REQUIREMENTS
17
SUBMISSION REQUIREMENTS
ERICA JONES STARKEY
Co-Owner
Winton Jones Development Co.
tel: 925-989-1613
Project: Seller of the Jones Ranch project, Concord, CA
Services Time Period: 2006 - 2008
KEN NORDHOFF
City Manager
City of Walnut Creek
tel: 925-943-5812
Project: City official for the sale of the site of the 1500 Walnut Creek development
Services Time Period: 2011 - 2013
RENEE JADUSHLEVER
Chief of StaffVice President for Communications and External Relations
Mills College of California
tel: 510-430-2033
Project: Client/owner for the development of excess land on Mills College campus
Services Time Period: 2015 - Present
BRAD BLAKE
Managing Partner
BVH CenterStreet Properties, LLC
tel: 925-575-8737
Project: Developer of Plaza de San Jose, San Jose, CA
Services Time Period: 2002 - 2006
7. LIST OF CURRENT LITIGATION, OUTSTANDING JUDGMENTS, AND LIENS, IF ANY.
None. Nor have we ever been involved in a lawsuit.
6. LIST OF AT LEASE THREE REFERENCES FOR WHOM YOUR FIRM PROVIDED SIMILAR SERVICES.
18
SUBMISSION REQUIREMENTS8. FEE SCHEDULE
a. Provide a proposed commission rate:
PROPOSED FEE STRUCTURE:
For transactions with no cooperating broker: 5% of the sales price.
For transactions with a cooperating broker: 6% of the sales price.
b. State any other costs the City may anticipate relating to the real estate services to be provided.
None
9. CONFLICT OF INTEREST STATEMENT & SUPPORTING DOCUMENTATION – PROPOSALS SHALL DISCLOSE ANY
PROFESSIONAL OR PERSONAL FINANCIAL INTERESTS, WHICH COULD BE A POSSIBLE OR PERCEIVED
CONFLICT OF INTEREST IN REPRESENTING THE CITY.
None.
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John Cumbelich, Chief Executive OfficerJOHN CUMBELICH & ASSOCIATES
Over a distinguished 28+ year career, John Cumbelich has built one of the west’s most respected retail brokerage companies, and the leading independent retail brokerage company in Northern California. Perhaps best known for his role in creating several of the landmark retail developments of the past generation, Mr. Cumbelich sourced The Corners in Walnut Creek (Tiffany, Apple, GAP), East Washington Place in Petaluma (34 acres, Target), Plaza San Jose (19 acres, Target), Jones Ranch in Concord (26 acres, Lowe’s) and several other high profile projects. He has personal responsibility for several of the firm’s key user and owner relationships, including Kroger Corp., Sport Chalet, BlackRock, Essex Property Trust and DDR. Mr. Cumbelich has an extensive resume both in the acquisi-tion, leasing and sale of suburban shopping centers, and High Street leasing in the region’s premier lifestyle markets. In addition to leading the firm, Mr. Cumbelich has chaired the ICSC Northern California conference on multiple occasions.
MAJOR PROJECTSMercer Walnut Creek (The Counter, Starbucks, Mike’s Bikes) – sold 2016 1500 Walnut Creek (Vineyard Vines, Teleferic) – leased 20151280 Willow Pass (Hobby Lobby) – sold 2014The Village (TD Ameritrade, Kona Grill) – leased 2013WalMart (San Ramon), Kroger (Oakland) – leased & sold 2012Broadway Pointe (Pottery Barn, Williams Sonoma) – leased 2011Downtown Pleasant Hill – sold 2010DDR Mervyn’s Portfolio – leased 2009Jones Ranch (Lowe’s) – sold 20081556 Mt. Diablo Blvd (Vornado) – sold 2007Kroger Portfolio – sold & leased 2005/2006East Washington Place – sold 2004Plaza San Jose – sold & leased 2004The Corners (Tiffany & Co.) – leased 2003Delta Gateway (In-N-Out Burger, 7-11, Krispy Kreme) – sold 2002
SELECT CLIENTELE
RetailerThe Kroger Co.Sport ChaletDunkin’ DonutsFremont BankLifeway StoresSkipolini’s Pizza
Owner BlackRockBrowman Development CompanyDDREssex Property TrustUBS Realty Advisors
EXPERIENCE2000-Current
Chief Executive Officer, John Cumbelich & Associates
Mr. Cumbelich established the firm in 2000, and has overseen the growth of its personnel, profitability and clientele over the en-suing years. In addition to building the firm, Mr. Cumbelich is a founder of X Team International, a network of retail-only broker-age firms with partner offices throughout North America. His day to day involvement in the activities of all of the firm’s clientele and the firm’s extensive network of partner offices gives him daily contact with the trends and economic metrics that drive the na-tional, regional and local marketplace.
1988-2000
Vice President, CB Richard Ellis
Between 1988 and 2000 Mr. Cumbelich was employed by the world’s largest real estate services firm where he rose to the office of Vice President and was recognized as a top producer.
PROFESSIONAL AFFILIATIONS
Mr. Cumbelich is a member of the International Council of Shop-ping Centers and has been Chairman of the Northern California Idea Exchange on three occasions. He is also a board member of X Team International.
EDUCATION
Mr. Cumbelich holds a Bachelor of Arts degree from the Univer-
sity of California at Berkeley.
1330 N Broadway, Suite 200A
Walnut Creek, CA 94596
T 925.935.5400 x101
F 925.940.9583
www.cumbelich.com
CA BRE LIC #01006249
21
Tim Seiler, BrokerJOHN CUMBELICH & ASSOCIATES
Mr. Seiler joined the firm in 2009. His primary retailer clients include Smart & Final Extra, El Pollo Loco, Dunkin’ Donuts and Sleep Train. Additionally, Mr. Seiler represents UBS on leasing for Downtown Pleasant Hill (350,000 SF), and Sierra Pacific Properties on leasing for Century Plaza (500,00 SF).
Over the course of his career, Mr. Seiler has been directly involved in more than $650 million in investment and development projects and has negotiated hundreds of commercial leases between property owners and retailers.
MAJOR PROJECTSDowntown Pleasant Hill, Pleasant Hill, CACochrane Commons, Morgan Hill, CA
SELECT CLIENTELE
Retailer
Dunkin’ DonutsEl Pollo LocoSan Francisco Giants Dugout StoresSleep TrainSmart & Final Extra
Owner
Browman Development CompanyDeerfield RealtyFoothill PartnersKrogerSierra Pacific PropertiesUBS Realty Advisors
EXPERIENCE1986-2009
Prior to joining the firm, Mr. Seiler had a 20+ year career in the shopping center in-
dustry, including 10 years as a corporate Real Estate Director specializing in new
store development for leading retailers including Kroger and Blockbuster. He also
has extensive experience with both public and private shopping center investors
and developers in the fields of development, leasing, acquisition and due diligence.
PROFESSIONAL AFFILIATIONS
Mr. Seiler has been an active volunteer on the International Council of Shopping
Centers Northern California Program Committee since 2000, chaired the Commit-
tee from 2008-2011, and served as the Northern California State Director from 2011-
2014.
EDUCATION
Mr. Seiler holds a Bachelor of Arts degree from the University of California, Irvine, a
Master of Business Administration degree from the University of Southern California,
and accreditation from the US Green Building Council as a LEED Accredited Profes-
sional (LEED AP™).
1330 N Broadway, Suite 200A
Walnut Creek, CA 94596
T 925.935.5400 x106
F 925.940.9583
www.cumbelich.com
CA BRE LIC #01076263
SUBMITTED BY JOHN CUMBELICH & ASSOCIATES
1330 N. Broadway, Suite 200AWalnut Creek, CA 94596
925.935.5400925.940.9583 (fax)
www.Cumbelich.com
John Cumbelich925.935.5400 ext. 101 [email protected]
CA-BRE Lic #01006249
Tim Seiler925.935.5400 ext. 106
[email protected] BRE Lic #01076263
Proposal to Provide Brokerage Services12.85 Acre Sycamore Crossing Site
Hercules, CA