PROPERTIES
Completed Transactions
403 S Airport Boulevard
Property Type: Industrial
Location: Aurora, Colorado
Summary: 160,366-square-foot industrial and educational property situated on 15.15 acres in Aurora, Colorado. Originally constructed in 1981, the property was 100% leased at the time of sale to Mesa Systems and Global Village Academy of Aurora.
David Reid Real Estate represented the buy side in this complex transaction. The property, located within a condominium association, contained the Seller’s operating charter school on one side of the building and a separate tenant (Mesa Systems) operating under a non-conforming industrial use on the other. During the transaction, the Seller and Buyer negotiated a sale-leaseback agreement, while David Reid Real Estate and the buyer navigated the property’s release from a cross-collateralized financing portfolio containing both tax-exempt and taxable bonds. Each of these elements presented unique challenges throughout the sale process. David Reid Real Estate Leveraged their deep experience with special situations and structured investment sales,
Doerr Lane
Property Type: Logistics Center
Location: Schertz, Texas
Summary: David Reid Real Estate facilitated the acquisition of 9870 Doerr Lane, a newly delivered, state-of-the-art 307,000 square foot industrial facility located in the fast-growing North East San Antonio MSA. The asset is anchored by two credit-grade tenants, providing stable cash flow and institutional-quality tenancy.
One half of the facility has been significantly enhanced with several million dollars in tenant-funded cold storage infrastructure—an investment that not only demonstrates tenant commitment, but also positions the property for a substantial increase in long-term value. Despite below-market rent on the cold storage side, the tenant’s capital contribution creates a powerful value-add component for future disposition or refinancing.
This transaction highlights David Reid Properties’ ability to identify assets with strong fundamentals and embedded upside driven by tenant investment and specialized infrastructure.
Nexus at DIA
Property Type: Warehousing and fulfillment center
Location: Commerce City, CO
Summary: David Reid Properties completed the acquisition of 17190 E 85th Street, a newly delivered 330,000 square foot Class A industrial facility strategically located near Denver International Airport. Acquired at an exceptionally low cost per square foot, the investment offered both immediate value and long-term upside.
The property is secured by a 15-year Absolute NNN lease with a high-quality tenant, featuring robust annual rent escalations. The combination of cutting-edge construction, a premier logistics location, and a strong lease structure positions this asset as a cornerstone for stable, growing returns.
This transaction exemplifies David Reid Properties’ strategy of targeting mission-critical industrial assets with favorable pricing, institutional tenancy, and long-duration cash flow.
The Strand
Property Type: 4 Unit
Location: Manhattan Beach, CA
Summary: David Reid Real Estate successfully orchestrated the sale of 3812 The Strand, a four-unit beachfront condominium burdened by a contentious Tenancy in Common (TIC) agreement. The property had languished in escrow for nine months due to a prior buyer who initiated a full-scale eviction of the building’s occupants—only to ultimately fail to close.
Amid escalating tensions and deteriorating conditions, David Reid Properties was engaged to stabilize and reposition the asset. Leveraging strategic marketing, deep investor relationships, and a decisive transaction approach, the firm secured an all-cash buyer and closed the deal in under 20 days.
The result: a clean exit for all TIC partners, a smooth investor acquisition, and a reinvigorated future for this prime strand-front asset.
Residential Rental
Property Type: Residential Rental
Location: Glendora, CA
Summary: David Reid Real Estate facilitated the sale of a client's residential rental property and, through a qualified intermediary, supported a 1031 exchange into a higher cash-flowing industrial property. Additionally, we co-invested capital and secured financing to ensure a seamless transaction.
Swan
Property Type: Investment Opportunity
Location: Smyrna, TN
Summary: David Reid Real Estate executed a strategic sale-leaseback of 700 Swan Drive, a 112,000 square foot industrial facility located in the dynamic Smyrna, Tennessee submarket. The initial transaction involved the property’s primary tenant and was approached with careful consideration of known physical challenges and the potential for operational complexity.
Over three years of proactive ownership, David Reid Properties led a comprehensive repositioning of the asset—including the renegotiation of all existing leases, hands-on management of on-site self-storage units, and the implementation of a robust maintenance and repair program.
The result: a substantial increase in operating performance and nearly a doubling of the property’s value—demonstrating the power of active asset management and creative lease structuring in unlocking hidden potential.
Single Tenant Industrial
Property Type: Net Leased Investment
Location: Chattanooga, TN
Summary: The Chattanooga industrial market consists of 64.6 million square feet, and posts a low market vacancy of 1.9%, which is well below its long-term historical average. A lack of large scale speculative inventory and significant demand has continued to put downward pressure on the market’s vacancy rate and will remain tight as the supply pipeline remains negligible.
West Turbo
Property Type: Industrial Investment
Location: San Antonio, Texas
Summary: David Reid Real Estate acquired 203-211 W Turbo Drive, an industrial asset comprising 28,000 square feet across three buildings, located on 1.8 acres adjacent to San Antonio International Airport. The property is anchored by a small tenant on a long-term lease, with rent below market, allowing for an attractive acquisition below both market rent and the property’s replacement cost.
While the asset required some construction stabilization at the time of purchase, David Reid Real Estate has actively managed and upgraded the property to meet its high operational standards. The facility is now performing and stabilized, while ongoing improvements position it well for a potential pivot or re-lease should market dynamics change.
This transaction highlights David Reid Real Estate's ability to identify value-add opportunities and implement strategic upgrades to optimize asset performance and future flexibility.
AMTEC
Property Type: Office
Location: Chino Hills, CA
Summary: When staffing agency AMTEC came to David Reid Real Estate to help them find a new office space they had several requirements. They wanted something that would be conducive to an innovative office environment—a property they could modify when needed to adapt to their ever-changing needs; a space that was larger than their current needs that they could grow into, leasing out the extra space in the meantime; and a property that would help them lower their facilities costs.
David Reid Real Estate assisted AMTEC in finding a fantastic 15,000 square foot building that was larger than they currently needed and then came alongside them to help lease out the excess office space. We then assisted with remodeling the ground floor to fit their contemporary desires. Their monthly loan payment is less than their former lease payment and is also being subsidized by their lessees. Best off all, in 25 years, AMTEC will own the building free and clear.
