In the News
Heritage Court
Capstone Advisors Donates $75,000 to Charity in 25th Anniversary Celebration
December 8, 2021
In celebration of Capstone Advisors’ 25th anniversary, we are donating $75,000 to local charities. Across our portfolio, $2,500 per property will be given to a local nonprofit organization. The recipients will be chosen with the help of each property’s tenants to support the communities where we operate and to help honor our mission of facilitating the success of our communities, tenants, and employees. Read the Full Newsletter.
Alex Zikakis Named One of San Diego’s Most Influential People
November 30, 2021
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.
Capstone Advisors Celebrates 25 Years!
November 22, 2021
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.
Capstone Advisors Partners with Voices for Children
November 18, 2021
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.
Jay Matthes appointed chief operating officer at Capstone Advisors in Carlsbad
October 7, 2021
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.
Chandler building sold that houses Native Grill & Wings headquarters
August 19, 2021
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.
74,525-SF Industrial, R&D Property in Chandler, Ariz., Sells for $14Mln
August 4, 2021
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.
Capstone Advisors Acquires Arizona Property
August 3, 2021
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.
Capstone Advisors Sells Salad and Go-Occupied Restaurant Building in Phoenix for $3.7 Million
July 12, 2021
Shopping Center Business – Carlsbad, Calif.-based Capstone Advisors has completed the disposition of a single-tenant building located within Ahwatukee Foothills Towne Center in Phoenix. A Nevada-based investor acquired the asset for $3.7 million. Salad and Go occupies the property under an absolute triple-net, 20-year ground lease. The restaurant opened for business at the newly constructed building in mid-June. Chris Hollenbeck and Shane Carter of Cushman & Wakefield represented Capstone in the deal. Read the Full Feature.
Capstone Advisors Sells Salad and Go-Occupied Restaurant Building in Phoenix for $3.7M
July 12, 2021
REBusiness Online – Carlsbad, Calif.-based Capstone Advisors has completed the disposition of a single-tenant building located with Ahwatukee Foothills Towne Center in Phoenix. A Nevada-based investor acquired the asset for $3.7 million. Salad and Go occupies the property under an absolute triple-net, 20-year ground lease.
The restaurant opened for business at the newly constructed building in mid-June. Chris Hollenbeck and Shane Carter of Cushman & Wakefield represented Capstone in the deal. Read the Full Feature.
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