Private equity fund invests in commercial property located on El Camino Real.
CWC Income Properties 3, LLC Announces $5.4M Purchase of Office Building in Carmel Valley/Del Mar San Diego, CA, April 21, 2015 –(PR.com)– Christopher Weil & Company, Inc., a financial services firm, and it’s affiliate CWC Asset Advisors, Inc. today announced that CWC Income Properties 3, LLC, a private equity fund, has purchased a commercial building in Carmel Valley/Del Mar for a total purchase price of $5.4 million.
CWC Asset Advisors, Inc. is the Managing Member of CWC Income Properties 3, LLC. The newly acquired office building is two stories and totals an estimated 13,914 square feet. Christopher Weil & Company Inc. (“CWC”) will occupy approximately 50% of the rentable square footage.
“CWC believes that its business operations are well suited to this this highly desirable area of San Diego,” said Christopher Weil, Chair, Christopher Weil & Company. “The CWC staff looks forward to serving our clientele from this new, conveniently located home office.”
About CWC Asset Advisors
CWC Asset Advisors, Inc. (CWCAA) is currently the Managing Member or General Partner of several private equity funds including a venture fund and funds investing in San Diego area single family homes and commercial properties. CWCAA also provides management and administrative support to more than a dozen entities for another affiliate, Storage Managers, Inc. The partnerships consist of real estate (mini-warehouse facilities, commercial office and land), several venture capital funds and an oil and gas producer.
About Christopher Weil & Company
Christopher Weil & Company, Inc. (“CWC”) is a financial services firm that services clients nationwide. With over forty years in the financial world, CWC, together with its affiliates, work from every angle as investors, managers and advisors (IMA’s) to bring their clients peace of mind. The firm is both a securities broker-dealer and a registered investment advisor, enabling it to provide a comprehensive and integrated mix of client services. CWC is innovative in responding to client needs and dedicated to nimble, intelligent customer service with a personal, family touch. For more information, please visit www.cweil.com.
CWC Asset Advisors
Media contact: Cynthia Guiang