History

Socoa Partners was founded in 2007 by two experienced Basque entrepreneurs who spent most of their teenage years near a small Basque harbor village named Socoa, notoriously anchored around a tiny military fort commissioned by Vauban in the 17th century.

After separately migrating with their families to the United States in the early '1990s, driven by opportunity and a relentless desire to succeed, they both started thriving businesses that brought them to the shores of Southern California.

Building upon a 30 year friendship and capitalizing on more than 20 years of separate experiences in all aspects of business management in a wide range of industries and two different countries, they have built in Socoa Partners a company that mirrors the values that are the essence of their friendship : integrity, respect, dependability, ambition ... and fun!

The Present

Today, we are blessed with the trust of a growing number of clients, including individual investors, owner/users, family trusts, equity funds and asset managers. We are also representing a growing number of corporate and individual Tenants for their leasing needs, including medical doctors / medical groups, large and small retailers, and a fast growing movie theater operator.

For some reason - but everything happens for a reason, right? - all of our clients are very savvy business people who know commercial real estate inside and out. As such, they are also very demanding.

So far, we have been extremely fortunate in that, even in this very challenging economy, our methods have been delivering solid and consistent results throughout.

In our first 2 years, we have achieved the following:

Property Management
• we are currently managing 500,000 sf of retail and office/medical properties (10 projects)
• we have substantially improved cash flow of every single project we have takent over
• on average, cash flow at the properties we manage has improved by 34.5% since we took over
• 4 of the properties we have taken over were distressed. All of them are now delivering positive cash flow.

Leasing
• we have leased approx. 250,000 sf of retail, office, medical or industrial space.
• we have had a net positive effect on every single leasing project we have taken over.
• we have succeeded in leasing up properties where major, national brokerage firms had failed.
• we have achieved full occupancy at the5 properties we have taken over when they had more than 50% vacancy