San Diego Business Journal – Alex Zikakis has been named one of San Diego’s most influential people! Alex founded Capstone Advisors in 1996 and has been surfing the waves of a changing industry for 25 years. When he’s not out on the water, Alex is a member of the policy advisory board at University of San Diego as well as an active member of the Salvation Army’s work in San Diego and Mexico. Read the Full Feature.
Carlsbad, Calif. – Nov. 30, 2021 – Real estate investment, development, and advisory firm, Capstone Advisors marks its 25th anniversary with $75,000 in donations to nonprofit organizations chosen with input from its tenants in Arizona, California, Nevada, and Virginia.
The company, founded in November 1996, purchased its first property in April 1997 and has since owned and operated millions of square feet of commercial properties in 10 different states. Currently, its portfolio includes 22 commercial properties across four states, multiple large scale residential developments, over 1.3 million square feet of industrial development, and a significant land portfolio in two countries for future residential and resort development… (Read More)
We are incredibly proud to reach the 25-year milestone! When the company was founded in 1996, we never could have anticipated the changes in our industry, in technology, and in the world. For a quarter of a century, we’ve surfed the waves and maneuvered change to always stay relevant. Our company has taken on a strategy of portfolio diversification over the years, a strategy not many others in the industry would commit themselves to. Whether in commercial real estate, residential development, or land assets, our reputation as good people and our commitment to ethical business practices is a point of pride.
The support from and partnership with our tenants, vendors, and lenders has undoubtedly brought us to this point of success and will continue to lead us into new markets and help us achieve continued growth. Our goal has always been to be a positive presence in every community within which we operate. To support that effort and celebrate our milestone with you all, we are excited to announce that we will be donating $75,000 ($2,500 per property we own) to non-profit organizations in the regions within which we operate. The recipients will be nominated by the local business tenants in each region and will recognize organizations that work to make those communities a better place.
Thank you for joining us on our journey and continuing to push the industry forward. We’re excited for what the next 25 years will bring. See the Full Announcement.
Voices for Children – Voices for Children is so grateful for its wonderful partnership with Alex and Lany Zikakis and Carlsbadbased Capstone Advisors. For 17 years, Alex and Lany have been champions of our special mission, providing leadership and generous philanthropic support, while also helping us to forge a strong corporate partnership with Capstone Advisors. Read the Full Feature.
SD Metro – Real estate investment, development, and advisory firm Capstone Advisors has added Jay Matthes as chief operating officer, further solidifying its expertise in investing, managing and developing a wide variety of real estate assets in key markets and positioning the firm for continued growth… Read the Full Feature.
Jay Matthes To Lead Company Operation and Asset Management Strategy at Notable Southern California-Based Firm
Carlsbad, Calif. – Oct. 5, 2021 – Real estate investment, development, and advisory firm, Capstone Advisors adds Jay Matthes as chief operating officer, further solidifying its expertise in investing, managing and developing a wide variety of real estate assets in key markets and positioning the firm for continued growth.
An experienced senior executive, Matthes has led both operational and financial aspects of retail, office, industrial, multifamily and hotel investments and developments throughout the U.S. In his most recent role as executive vice president at American Realty Advisors, he led a team of 10 asset managers and staff, overseeing a $1.6 billion retail investment portfolio totaling over 5.4 million square feet. Prior, as director of asset management for Grosvenor Investment Management, Matthes managed a 4.3 million square feet portfolio of office, retail and industrial properties as well as 1,300 apartment units located throughout major U.S. markets.
“Jay brings strong industry relationships and an excellent reputation as a talented, thoughtful and accomplished executive,” said Alex Zikakis, president of Capstone Advisors. “His breadth and depth of knowledge managing diverse asset classes and leading high performing teams is well-suited for his new role as Capstone Advisors’ COO. We’re slated for growth and adding Jay to our executive team further positions us to successfully increase and diversify our portfolio in our existing, as well as new, markets.”
A real estate expert who’s cultivated relationships with tenants, leasing and investment sales professionals, institutional investors and other key industry participants, Matthes’ role at Capstone Advisors will rely heavily on developing key relationships in new markets, leading company operations and managing overall asset strategy for the company’s growing portfolio.
“Capstone Advisors has spent the last 25 years thoughtfully investing and changing with the fluctuating real estate market to always remain profitable, relevant and successful,” said Matthes. “To join such a creative and successful team in a unique period of strong investment opportunity is exhilarating both professionally and personally. I’m excited to take part in what the future holds for the company.”
Capstone Advisors is well-positioned to continue a sizeable growth period due to its excellent relationships, strong capital base and the diversified skill set of the company. The addition of Matthes as chief operating officer will further Capstone Advisors’ ability to continue to capitalize on opportunities to thoughtfully grow its portfolio while ensuring the company is aptly prepared to manage additional expansion.
Media Contact – Nuffer, Smith, Tucker
Anja Riedel
aer@nstpr.com
Phone: 707-227-0493
Phoenix Business Journal – The Chandler building that houses the headquarters of Valley-based chicken wing chain Native Grill & Wings has been sold to a California investor. Read the Full Feature.
Commercial Real Estate Direct – San Diego Business Journal Capstone Advisors has paid $14 million, or $187.86/sf, for Galveston Tech Center, a 74,525 square-foot industrial and research and development property in Chandler… Read the Full Feature.
San Diego Business Journal – Capstone Advisors, a real estate investment firm based in Carlsbad, has acquired an Arizona industrial and office building for $14 million. The Galveston Tech Center in Chandler was 92% occupied at the time of sale. Read the Full Feature.
Carlsbad, Calif. – August 2, 2021 – Capstone Advisors, a diversified real estate investment, development, and advisory firm, has announced the acquisition of the 74,525 sqft. Galveston Tech Center in Phoenix. The Galveston Tech Center, located in Chandler, Arizona – the heart of the Phoenix metro area and a sought-after corporate hub – was purchased at 92% occupancy, with Fortune 5 healthcare company CVS Health and semiconductor tech firm Qorvo included in the list of impressive tenants.
“We’re pleased to add Galveston Tech Center, an ‘as-good-as-it-gets’ multi-tenant industrial/flex asset in the dynamic west-Chandler market,” said Alex Zikakis, president of Capstone Advisors. “West Chandler is the heart of the Silicon Desert, with excellent demographics, strong growth, and home to a wide collection of corporate tenants. We enjoyed working on another acquisition with Steve Lindley of Cushman and Wakefield and look forward to continuing to add to our Phoenix-area portfolio.” Share this post:
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