Portola invests in neighborhood retail properties on the West Coast, with a primary focus on smaller strip centers in coastal California. Our ongoing investment program targets core-plus and value-add opportunities, acquiring necessity-based, well-located, and under-managed assets positioned to provide durable income and multiple paths to value creation.

Property Profile:

• 5,000 – 50,000 Sq. Ft. multi-tenant retail properties

• Under $30M purchase price

• Unanchored or shadow-anchored strip centers

• Necessity-based & service-oriented tenancy

Location Criteria:

• West Coast - San Diego, Orange County, Los Angeles, & Bay Area

• Dense infill neighborhood locations

• Affluent and educated populations ($100k+ Median HHI)

• High traffic corridors with excellent visibility and access