Capstone Advisors has secured full entitlement approvals for Tangerine, a 120-lot single-family residential community in south Riverside County. The milestone allows the project to move forward with final construction drawings and other predevelopment work in preparation for future homebuilder delivery. Located within the growing Winchester and Menifee housing market, Tangerine is Capstone’s second residential development in the area and reflects the company’s experience navigating the entitlement process and advancing residential land development projects. Read the full press release.
San Diego Business Journal Features Alex Zikakis and Capstone Advisors’ 30-Year Journey
Capstone Advisors President and Founder Alex Zikakis was recently featured in the San Diego Business Journal in an article celebrating Capstone’s 30-year history. The feature looks back on Alex’s career in real estate, the company’s growth since 1996 and Capstone’s investment philosophy. It also shares Alex’s vision for the future, including his perspective on entrepreneurship and the use of artificial intelligence in the business. Read Full Article.
Capstone Advisors Celebrates 30th Anniversary with Charitable Spin
Carlsbad, Calif. – Aug. 10, 2026 – Capstone Advisors marks 30 years of successfully owning, operating and developing a wide range of commercial real estate across the country. Since its beginning in 1996, founder and president Alex Zikakis has led the Carlsbad-based diversified real estate investment, development and advisory firm through a variety of economic cycles, building an investment history that now stands at more than $4 billion.
In celebration of this milestone, Capstone Advisors is furthering its commitment to making a positive impact by donating $150,000 to charitable organizations across the communities it serves. Read Full Feature
NAIOP’s Development Magazine Features Nick Kolbe: Entering High-growth Cities Without Overpaying
Capstone Advisors Director of Acquisitions Nick Kolbe authored an article in NAIOP’s Development Magazine. In this feature, Kolbe shares strategic guidance for entering high-growth markets and an in-depth case study on Capstone Advisors’ expansion into the Salt Lake City market. Read the full article to learn more. Read Full Article
San Diego Business Journal Names Capstone Advisors ‘Best Places to Work’ Winner
Capstone Advisors earned recognition from the San Diego Business Journal as a “Best Places to Work” winner in the small business category. The award celebrates companies with exceptional workplace culture and employee satisfaction. Under Alex Zikakis’s leadership since 1996, Capstone ranked among San Diego’s top employers while delivering results in real estate development and leasing. The recognition highlights Capstone’s commitment to both outstanding company culture and business excellence. Read Full Article
California Centers Features Alex Zikakis: Why ‘Good Enough’ Property Management Is Costing Owners Millions
Capstone Advisors CEO Alex Zikakis was recently featured discussing the costly mistakes retail property owners make when they settle for “good enough” management strategies. In this article, Zikakis shares insights from Capstone’s successful $1 million Mission Escondido transformation—taking occupancy from 70% to 100%—and explains why traditional property management approaches are failing in today’s competitive retail landscape. Read how Zikakis’s strategic approach to tenant retention and property enhancement is setting new industry standards. Read Full Article
Escondido Times Advocate: Capstone Advisors Revitalizes Mission Escondido with $1M Investment and Modern Upgrades
We completed a comprehensive $1 million revitalization of Mission Escondido, transforming the prominent retail center with contemporary design elements, sustainable features, and enhanced amenities, including electric vehicle charging stations. Originally acquired in 2011 at 70% occupancy, the 41,530-square-foot property now stands fully leased with 14 diverse tenants, demonstrating our long-term commitment to creating vibrant community destinations in Escondido’s downtown district. Read Full Article
GlobeSt.com : Names Alex Zikakis One of Commercial Real Estate’s ‘Best Bosses’
Capstone Advisors President and Founder Alex Zikakis has been recognized by GlobeSt.com as one of commercial real estate’s “Best Bosses.” The award honors CRE leaders who demonstrate exceptional mentorship, outstanding leadership skills, and a meaningful impact on the community. Zikakis joins an elite group of industry executives celebrated for their ability to inspire teams while driving business success. The recognition underscores his dual commitment to developing talent and creating lasting value in the commercial real estate sector. Read Full Article
Mission Escondido Retail Center Undergoes A $1 Million Revitalization
Capstone Advisors adds modern upgrades to central Escondido retail property.
Escondido, Calif. – July 7, 2025 – Capstone Advisors, a Carlsbad-based diversified real estate investment, development, and advisory firm, has completed a $1 million revitalization of Mission Escondido, modernizing the prominent retail center in central Escondido.
Located at 201-205 W. Mission Ave., the center now features a contemporary design with a refreshed color palette and a standing seam metal roof. Other enhancements include drought-tolerant landscaping, updated site and tenant signage, and improvements to the parking lot, including the addition of electric vehicle charging stations.
Situated in Escondido’s downtown district, the center is currently leased by 14 tenants with a wide variety of focuses, including food, retail, health, professional services, and education. The newest tenants include Dongbu Korean BBQ, Prism Jiu Jitsu, and Swan Hair Salon.
Capstone Advisors acquired the 41,530-square-foot property in 2011 when it was 70% leased. Following strategic enhancements shortly after its acquisition, the center has consistently been well-occupied and is now fully occupied. Read Full Article
Escondido Times-Advocate Online Edition: Capstone Advisors Achieves Full Occupancy at Mission Escondido Following $1M Upgrade
Capstone Advisors has completed a $1 million revitalization of Mission Escondido, transforming the 41,530-square-foot retail center with contemporary design updates, sustainable improvements, including EV charging stations, and drought-tolerant landscaping. Since acquiring the property in 2011 at 70% occupancy, our strategic enhancements have driven the downtown Escondido center to full occupancy with 14 diverse tenants, demonstrating our commitment to creating dynamic community destinations. Read Full Article
