Operational Distress to 98% Occupancy
Vernon, California | 800,000 SF | Industrial
Occupancy Achieved
Lease Billing
CAM Recovery
Tenant Satisfaction
NOI and Long Term Asset Value
Ownership acquired an 800,000-square-foot industrial property with accounting deficiencies, deferred maintenance, and widespread tenant non-compliance. Charles Dunn Company was engaged to stabilize operations and maximize long-term investment performance.
Charles Dunn implemented an integrated management strategy combining operational improvements, tenant engagement, collaboration with leasing agent from another firm, and capital planning to strengthen property performance and increase tenant satisfaction.
Charles Dunn implemented an integrated stabilization strategy addressing lease administration, billing accuracy, deferred maintenance, tenant compliance, capital improvements, and leasing. The team coordinated with ownership and its brokerage partners to restore operating discipline, retain tenants, improve occupancy, and strengthen property performance.