Land Development

Leveraging Land Assets

In the wake of redevelopment dissolution, it is more important than ever for cities to strategically leverage one of the few tools they have to support economic growth and fiscal health: land assets.

In order to obtain maximum value from the land and generate sustainable revenues to the city’s general fund, cities need to compare the net present value (“NPV,” i.e., today’s dollars) of potential lease revenue to the estimated sales price of properties. When analyzing NPV (the way we convert future payments into today’s dollars) for a lease, one must consider both the stream of payments and the residual value of the property after the lease terms have expired.

RSG has the expertise and experience to help cities determine whether a long-term lease or sale would be the most lucrative approach. With three licensed real estate brokers on staff, RSG can assist cities with lease negotiations and property sales. Contact us today for help maximizing the benefit of your city’s land assets.

Written by Hitta Mosesman, a Principal at RSG, and Brett Poirier, an Analyst at RSG

RSG Offers Real Estate Brokerage Services to the City of Irwindale

5257 Vincent Avenue, Irwindale an Industrial/Office Property Available for Sale

5257 Vincent Avenue, Irwindale an Industrial/Office Property Available for Sale

RSG has secured a contract for broker service work for the City of Irwindale and hired three more licensed California real estate brokers – Andrew Gee, Nate Gunderman, and Jeff Khau.

As a California commercial broker, RSG provides a variety of real estate brokerage and advisory services.  The company has advised clients on more than 700 real estate projects entailing investments of more than $5 billion while displaying a steadfast commitment to community development.  RSG is uniquely positioned to help clients execute real estate transactions, while also positively impacting the future of the community and navigating the process of disposing of properties as part of California's redevelopment dissolution process. 

RSG's current property listings in Irwindale include several former redevelopment properties, pursuant to the City’s Long-Range Property Management Plan approved by the State Department of Finance.  Companies doing business there include Ready Pac Foods, MillerCoors, Decore-ative Specialties, Huy Fong Foods and Southern California Edison.  

Contact us directly to learn how your community can still achieve its economic development goals in a post-redevelopment world by making strategic real estate decisions.