Tom Chichester
For nearly 15 years, Mr. Chichester has been advising clients in the acquisition and disposition of single and multi-tenant NNN retail investments nationwide.
Tom’s expertise is the strategic and diligent marketing of properties to meet the price and timing objectives of the owner. His experience includes: single tenant transactions; portfolio sales; sale-leaseback portfolio sales; stabilized, core multi–tenant centers; neighborhood, community and power centers; developer sales and pre-sales; and distressed asset sales throughout the US.
A few recent and noteworthy closings include: Gateway Center – $25m sale in Escondido, CA. The property was 95% occupied anchored by Barnes and Noble; Starbucks in Lake Forest, CA - Record breaking cap rate of 3.48%, lowest cap rate ever for a Starbucks nationally; CVS in San Francisco, CA – Record sale at $16.8m / 4% cap rate, lowest cap rate ever for a single-tenant CVS sold above $10mm on a national basis; United Pacific Office Building - $15m / 5.3% cap rate for a new office in Long Beach, CA; Rite Aid - $10m / 4.35% cap rate, all cash sale in LA. In the last 18 months, Mr. Chichester has directly transacted more than 45 properties, with an aggregate value exceeding $330m.
Outside of the office Tom, along with his wife and children (1 daughter & 2 sons) frequently travel and enjoy all of the outdoor actives that Southern California has to offer including surfing, snowboarding, hiking, golfing, boating, etc. Tom graduated from California State University, Long Beach where he received his bachelor’s degree. Prior to graduating from college Tom had the unique opportunity to attend several semester abroad programs. The first semester he attended Sea Education Association (Boston University) and wrote a thesis on Plastic Pollution in the Pacific Ocean; the second semester abroad he attended Semester at Sea (University of Virginia) and circumnavigated the world, which began his ultimate passion for travelling.
Email: tom@BLVDreic.com
Mobile: (714) 318-3955
