Los Angeles Office
1900 Ave of the Stars
Suite 2000
Los Angeles, CA 90067
Office: (310) 909-5500
Retail // Net Lease
Douglas Cole
Senior Associate
Los Angeles Office
1900 Ave of the Stars
Suite 2000
Los Angeles, CA 90067
Office: (310) 909-5500
Douglas Cole is a retail real estate investment expert. He has been with Marcus & Millichap since 2010. Douglas has focused on multi-tenant anchored shopping centers and single tenant retail both in Los Angeles proper and across the United States.
One prime example of Douglas’ client focused representation is his sale of the Simi Valley Shopping Center. Douglas represented both buyer and seller of an approximately 100,000 sf retail center which sold for $16.9 million. At the completion of the sale, Douglas further represented the Client in sourcing and acquiring the Best Western hotel in Bryan/College Station Texas. The asset was financed with the support of Marcus & Millichap Capital Corp. This is a prime example of the Marcus & Millichap platform operating seamlessly to benefit the client by getting top dollar for the asset, procuring a 1031 exchange property and delivering financing options suitable to close the 1031 Upleg.
Another example of Doug's client focused representation was the acquisition of the flagship Olive Garden located in Orlando Florida. Doug represented the Buyer in the purchase of the asset for $12,000,000.
Prior to coming to Marcus & Millichap, Douglas represented ground up developers in the completion of over 1,000,000 sf of retail shopping centers. Through finalizing over 350 leases with both national tenants such as Bank of America, Michael’s Stores, Starbucks, Coffee Bean & Tea Leaf, Walgreens and Bristol Farms as well as local mom and pop tenants, Douglas is thoroughly versed in how retail centers operate and generate income. This knowledge is integral to his ability to underwrite, understand, market and sell retail properties.
Douglas is passionate about real estate and is a long-term, active member of the International Council of Shopping Centers and regularly attends the local and national conventions. When not working, he enjoys live music, hiking, exploring local restaurants and exercising with his wife, Kate.
License: CA: 01402112
Achievements
- Sales Recognition Award: 2015
Featured Closings
Net Lease
DaVita Dialysis Yucca Valley
Yucca Valley, CA
Retail
The Mission Plaza
Palmdale, CA
Retail
Rialto-Aldi-WSS
Rialto, CA
Net Lease
Olive Garden Orlando
Orlando, FL
Office
Simi Valley Shopping Center
Simi Valley, CA