TLG Results

TLG are experts on land-based real estate asset types, including agricultural, energy, and development properties – both single properties and portfolios. By leveraging our unique experience and C&W’s global platform, we have successfully provided solutions to a wide array of clients.

Please explore the tabs below for a sampling of these successes.

Almond Ranch, Central Valley, CA – 4,125 Acre Farm

almond-ranch-picDue to their ability to understand complex assets, TLG in partnership with Natural Resources Group was awarded the disposition of a large Central Valley almond ranch that was developed subject to long-term development leases. With crop share leases put in place at different times as the orchard was developed over a ten year period, this asset exhibited a complex income stream whose accurate modeling was essential to effectively conveying the scope this of opportunity to potential investors. Despite the precipitous crash in almond prices that occurred just after this ranch was placed on the market, the project team was able to successfully sell this property within approximately six months.

Bixler Farms, Stockton, CA – 1,347 Acre Farm

Bixler FarmsTLG’s qualifications led to the team being selected to sell Bixler Farms, a 1,347± acre farm that had been continuously owned by members and descendants of the founding family since the late 1800s. This exceptional agricultural investment opportunity in California’s San Joaquin – Sacramento River Delta included 289± acres of walnuts, 270± acres of vineyards, 97± acres of blueberries, and over 550 acres of open cropping land. The property also included riparian water rights; farm equipment; packing, cooling, and processing facilities; and more. TLG exposed this complex agricultural asset to buyers throughout the U.S. and across the globe. Despite multiple complications arising during a fluid and extended escrow process, TLG was able to successfully complete the transaction in less than one year, closing escrow in April 2014.
Visit the Bixler Farms website

The Burns Tract, Stockton, CA – 4,239 Acre Farm

The Burns TractTLG was engaged to provide consulting and disposition services on The Burns Tract, a 4,239 acre farm in California’s Sacramento – San Joaquin River Delta. The property was extremely unique because farms of this size are rarely available for purchase in the region. Additionally, the Burns Tract offered fertile soils, riparian water rights, and a productive crop history. TLG began aggressively marketing the farm in June 2012, reaching out to brokers and potential buyers across the U.S. and the world. As a result of TLG’s marketing efforts, The Burns Tract generated significant interest and multiple offers from qualified buyers, and the farm sold for a strong price in December 2012.
Visit the Burns Tract website

Huston Tract, Imperial, CA – 288 Acre Farm

hustonTLG was charged with the disposition of a tenant-farmed agricultural holding in California’s fertile Imperial Valley. The farm was within the City of Imperial’s Sphere of Influence and had a Draft General Plan Land Use Designation for Light Industrial and Residential development. TLG was able to structure a sale to the tenant for a price that exceeded the seller’s expectations before the property hit the market. The sale was completed in August 2014.

Schultz Slough Ranch, Sonoma, CA – 630 Acre Ranch

schultz-slough-ranchCushman & Wakefield and Vintroux are proud to announce that their partnership resulted in the successful sale of the 630 acre Schultz Slough Ranch in Sonoma County California. The property had been previously marketed for many years without success; however, the collective marketing team’s skill, experience, sophistication, and marketing prowess resulted in a market sale that met all of the seller’s goals within 6 months of it being listed for sale.

Bar X Ranch, Lake County, CA – 1,518 Acre Ranch

Bar X RanchTLG successfully completed the sale of Bar X Ranch, a 1,518 acre legacy ranch in Lake County, California. The Ranch included three homes; several barns, stables and outbuildings; varied topography; a private man-made lake; and many unique habitat areas with abundant wildlife. By widely and proactively marketing the Ranch, TLG was able to achieve a sale price that was nearly double what an adjacent ranch was able to garner on a price per acre basis.
Visit the Bar X website

Interconnect Enabled Solar Development Site – Lancaster, CA

sierra-suntowerTLG successfully sold this solar development site despite numerous hurdles. The 60± acre property benefitted from an in-place Interconnect Agreement with Southern California Edison for 7.5 Megawatts (MW) that could be increased to 10 MW and available tax credits, making it a very compelling nearly shovel-ready solar development opportunity. Despite the seller’s need to perform a lot line adjustment during escrow and the eventual dissolution of the selling entity just before close, TLG was able to successfully keep the transaction together and complete the sale just before the end of the year.

CalPeak Power, California – Site Selection and Acquisition

CalPeak PowerTLG represented CalPeak Power, LLC in the identification and acquisition of multiple sites for the development of 49.5 MW peak power plants. In response to a contract with the California Department of Water Resources, CalPeak Power developed remote-operated, natural gas turbine peak power plants throughout California. In addition to the site acquisition assignment, TLG negotiated the lease for CalPeak’s operational headquarters in San Diego.

Soitec Solar, Southern CA – 1,600 Acre Acquisition and Site Selection

Soitec SolarTLG represented Soitec Solar, a French manufacturer of Concentrated Photovoltaic (CPV) solar panels , in site location and the subsequent acquisition of over 1,600 acres in 4 Southern California Counties for development of 5 CPV utility scale power plants. Upon completion, these plants will produce enough energy to power over 100,000 homes. Additionally, TLG worked with Soitec to acquire a 200,000 square foot manufacturing facility in San Diego County that will house their North American manufacturing facility. Upon completion, the factory will have an annual output capacity of 200MW.

Waikoloa Beach Resort, Waikoloa, HI – 252 Acre Development Site

Together with Sofos Realty, TLG successfully sold a 252 acre parcel that had been owned by a Japanese investor who purchased it during a previous real estate boom. Located along the Kona/Kohala Coast of Hawaii’s Big Island, the parcel was designated as an expansion area for the Waikoloa Beach Resort and it had the potential to be developed to a maximum of 420 units within a 125± acre envelope that included neighborhood-serving commercial uses on up to 5± acres. The site was ultimately purchased by a developer.

Eastgrove, Escondido, CA – 300 Lot Subdivision and Avocado Grove

Eastgrove was a 500 acre avocado grove operation with a productive history of over 25 years. TLG processed a tentative subdivision map for 300 detached single family residences, and the project was later sold to Lyon Homes and built as the Hidden Trails community. The project’s 200 acre open space component was designed to allow for continued agricultural use, and the avocado grove operation is still active today.

Eli Lilly, Temecula, CA – 40 Acre Former Dairy Farm

This 40 acre parcel was a former dairy operation owned by Eli Lilly & Company and zoned for industrial development. TLG processed a zone change, master plan and parcel map to create multiple parcels with Commercial, Office and Retail use designations. Public streets and utilities were installed and the parcels were delivered in a rough graded state. TLG completed the disposition of the parcels to Guidant Corp for an office complex, Pacific Development Partners for development of shopping center, and Temecula Development Company for a retail center.

Murrieta, CA – 55 Lot Subdivision

This 20 acre infill parcel was registered as an E.P.A. Toxic site with lead contamination. The owner worked with the City of Murrieta and the Department of Toxic Substances Control to remove and replace 5,000 tons of lead-contaminated soil. The State of California Department of Toxic Substance Control under their Clean Loan Program loaned the owners $700,000 to clean up the site. Concurrently a subdivision map for a residential development was processed. The disposition of property with the 55 lot final map in place was just over two years after acquisition.

Wildomar, CA – 91 Lot Subdivision

These ten contiguous parcels consisted of 211 acres that were zoned Rural Residential. Processed a Tentative Tract Map and zone change to create a 91 lot residential subdivision. The entitlement process was completed in three years, and approximately 51 acres were used to create the 91 half acre lots. The process from acquisition to entitlements and ultimately disposition took just under 6 years to complete. A conservation Easement was placed on the remaining four buildable lots, which totaled 160 acres and were donated to a charitable group for a tax credit value.

Vineyard Portfolio, Multiple Locations, CA and OR – 25+ Properties

Since 2009, TLG has performed multiple consulting assignments for a major wine grape producer. The portfolio consists of existing high-end vineyards and sites suited for development to premium vineyards. These assets are located throughout the top American Viticultural Areas (AVAs) in the United States. TLG’s analyses have been essential to the client’s portfolio management and equity placement purposes.

Global Agricultural Portfolio, Multiple Locations, USA and Australia – 200+ Agribusiness Assets

Beginning in 2007, TLG has provided quarterly and annual consulting and advisory services to a major institutional investor with significant agricultural holdings in many of the world’s most important farming areas. This extremely diverse portfolio includes vineyards, row crop land, cranberry marshes, orchards and other tree crops in the United States, as well as irrigated and dryland farming operations in Australia. TLG’s market insight has been integral to our clients ongoing asset monitoring.

Loh Investment Portfolio, Multiple States, USA – 10,600 Acres / 822 Parcels of Vacant Land

Since 2007, TLG has provided consulting, portfolio management, and disposition services for the diverse Loh Portfolio, which consists of raw, vacant, non-income producing land located across multiple states. We have successfully completed the sale of over 200 parcels that total more than 2,500 acres and were purchased for such varied uses as renewable energy generation, residential development, recreation, mitigation and conservation.

Agricultural REIT, Multiple States, USA – 11 Property Agricultural Portfolio

TLG provided consultation and appraisal management services for a portfolio of 11 agricultural properties located in Alabama, North Carolina, Mississippi, Louisiana, Colorado, Texas and California. The diverse land uses included an organic dairy, feed and row crop cultivation, specialized organic berry and fruit production, as well as shipping and vertically integrated operations. Our expertise provided the basis for our client’s asset and market valuation for accounting purposes and Fair Market reporting under GASP accounting and FASB requirements.