Richard Schwartz | Colliers International | Los Angeles - Inland Empire

Richard Schwartz

NAIOP, SIOR

Executive Vice President

License # 01712680

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About

Professional Summary

As an executive vice president for Colliers International in the Inland Empire, I specialize in the leasing and sale of industrial properties across the San Gabriel Valley and West Inland Empire submarkets. With more than 12 years of experience providing commercial real estate services, I’ve established a strong reputation as a trustworthy advisor with in-depth knowledge of local market conditions. Always keeping my clients’ best interests at the forefront of my methodology, I calculate trends and implement strategies that maximize results.

I joined the Colliers Inland Empire office in Ontario, California, in 2011. Prior to that, after having graduated from the University of California, Davis, I first began my commercial real estate career as an associate with Grubb & Ellis.

A dedicated father, I enjoy spending time with my wife and young children. I am also a driven competitor at heart, having completed seven Ironman triathlons. An advocate for my community, I enjoy giving back by participating in Big Brother Big Sister programs within Orange County.

Accomplishments

As a top producing broker at Colliers International, I have received the following awards:
 

  • Everest Club Top 10% Broker in the U.S. (2016-2019), Colliers International
  • Max Green Award for Outstanding Production in Greater Los Angeles (2014-2019), Colliers International
  • Top Producer Award, Greater Los Angeles (2014-2017), Colliers International
  • CoStar Power Broker (2016-2017)
  • #1 Investment Broker, Southern California (2016), Industrial Property Trust
  • Youngest Promoted to Senior Vice President in Greater Los Angeles (2016), Colliers International
  • Society of Industrial and Office Realtors (SIOR) Designation (2015)
  • Top 10 Producer in the Inland Empire (2007-2010), Grubb & Ellis
  • Rookie of the Year for all of California (2007), Grubb & Ellis

Education

Real Estate Salesperson, California

Bachelor of Arts in Mass Communications and Sociology, University of California, Davis

Memberships & Involvements

Association of Industrial Realtors (AIR)

Society of Industrial and Office Realtors (SIOR)

Young Professionals Group, NAIOP Commercial Real Estate Development Group

Clients

Industrial property Trust, LBA, Panattoni, Everwest, Crown Associates Realty, BKM, CT Realty, First Industrial Property Trust, Terreno Realty, Exeter Property Group, Dedeaux Properties, DCT, Marcus Adams, Circor Aerospace, Diamond Wipes International, WP Carey, Hines, Nolan Capital Inc, Turner Development, Rialto Capital, Birtcher Anderson, Rexford Industrial

Testimonials

Partial list of large assignments and Deals

  • IPT Sale Aquisition of Sampson Industrial Park, $47,000,000
  • 17600 Gillette Ave Irvine purchase WP Carey, $32,000,000
  • Sale of 11 Acres to Liberty Property Trust-$25,000,000
  • 167,000 investment purchase for EverWest Realty Group, $21,000,000
  • Sale of Daniels/Frewing Industrial Park Chino $19,000,000
  • Sale of 130 State College Brea, CA Single Tenant 45,000 SF Office Building $17,000,000
  • Sale of  155,000 SF CT Sycamore to Industrial Property Trust, $15,000,000
  • Sale of 116,000 Sf Turner Crossing Rancho Cucamonga, $14,500,000
  • Sale of 10.87 Acres to Panattoni Development, Chino CA $13,500,000
  • 106,000 SF investment purchase for First Industrial Realty Trust $13,000,000
  • 103,014 SF investment purchase for Crown Associates Realty Inc $13,000,000
  • Sale of 3220 Execuitve Ridge Dr Vista, $12,800,00
  • 100,362 Sale on behlaf of Nolan Capital Inc. $12,500,000
  • Sale of 11380 White Rock Road, $12,000,000
  • Sale of 135,000 SF Ontario to First Industrial Property Trust, $11,000,000
  • Invetsment Sale 85,000 SF to IPT/Black Creek Capital $10.600,000
  • Investment sale of 155 Rosemont Tuscon AZ $10,250,000
  • Leased 15616 Euclid Ave Chino 180,000 SF to Sika Corporation
  • Sale of 8.47 Acres to LBA Realty Corona

Services

Service Lines
Landlord Representation, Tenant Representation
Property Type
Industrial

My Team

My Team

Featured Research
Jul 15, 2020
2020 Q2 Colliers Greater Los Angeles Basin Industrial Knowledge Report
The Los Angeles Basin industrial market is the largest in the United States, totaling more than 1.6 billion square feet. It has been characterized by some of the highest asking rates and lowest vacancy rates of any market in the nation.
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Apr 16, 2020
2020 Q1 Colliers Greater Los Angeles Basin Industrial Knowledge Report
The Los Angeles Basin boasts the largest industrial base in the nation, comprising 1.6 billion square feet in buildings 10,000 square feet and greater. It is a relatively decentralized market, with only 20% of the space located in Central Los Angeles and 80% dispersed throughout the region. Los Angeles and Orange counties are fairly built out and mostly infill markets, while the Inland Empire remains the last expansion area for industrial space in the region. The industrial market is beginning to mature, particularly in Los Angeles and Orange counties, as 60% of the buildings in the L.A. Basin are greater than 20 years old.
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Jan 16, 2020
2019 Q4 Colliers Greater Los Angeles Basin Industrial Knowledge Report
Vacancy fell 10 basis points this quarter to 2.2% due to limited construction completions and growing industrial demand. Asking rents have increased $0.01 per square foot (PSF) triple net (NNN) to $0.81. This is a record rate for the Greater Los Angeles Basin, and the pace of rent growth has increased.
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Featured News
Jul 6, 2019
Colliers Negotiates Sale of South Orange County Industrial Property in Lake Forest with Long-Term Tenant in Place
In the hyper-competitive and supply-challenged Orange County industrial market, Colliers International has negotiated the $9.4 million sale of a fully leased 33,805-square-foot industrial building in the south county municipality of Lake Forest.
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Aug 18, 2017
Colliers International represents EverWest Partners in $21 million acquisition of City of Industry complex
Colliers International completed negotiations on the recent $20.86 million acquisition of a three-building industrial investment package in the City of Industry, and also announced the development reached 100 percent occupancy, the result of a five-year lease agreement in a separate transaction.
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Jul 3, 2017
Colliers International’s Richard Schwartz makes mark in the nation’s largest industrial market
Colliers International Executive Vice President Richard Schwartz, a veteran investment broker who has made a mark for himself in Southern California’s hyper-competitive industrial market, has watched the sprawling Inland Empire grow to nation’s largest and arguably most important industrial market.
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