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In this episode, we talk with Vince Provenzano, President of Brokerage at San Diego-based Pacific Coast Commercial. Vince shares his expertise that spans over 40 years in San Diego real estate to discuss the commercial real estate market in Southern California as well as the details of two interesting transactions his firm recently completed, delivering significant "financial value-add" to their clients. From starting in construction and participating in the market for a short period of time as a residential agent to building one of the most prominent commercial real estate firms in San Diego, Vince Provenzano shares the story of his career and the philosophies that have made him and his firm a success.
Key Discussion Points [00:17] Welcome and introduction by Eric Odum [00:33] About our guest: Vince Provenzano [01:19] How did you get into this business and how did you arrive at the position you're in now? [03:12] Although you're based in San Diego, CA, what is your geographic area of outreach? [03:41] How long have you been with TCN? [04:50] Tell us how you operate with a focus geographically vs by a particular asset class [07:38] Tell us about the deal on Twin Oaks Valley road, which highlights what you do well [09:56] Talk to us about the Camino Real property deal [11:25] Tell us about your "financial value-add" on those properties and how that translates into increased rents [14:08] Do you ever see properties (managed by non-institutional owners) whose CAMs are not being properly calculated? [18:04] What's going on in the San Diego market? [20:25] What are bankers saying about what's going on in their financial institutions? [21:20] How can folks get in contact with you?
Vince Provenzano President of Brokerage, Pacific Coast Commercial/TCN Worldwide pacificcoastcommercial.com
Vince Provenzano is the President of Brokerage at Pacific Coast Commercial and has more than 39 years of experience in Sales and Leasing in Southern California. Vince began his career at Pacific Coast Commercial in 2011, where he successfully grew a team of Sales & Leasing Associates from 6 to 29 in 2 years and now at 39.
Vince has completed over 2,343 transactions since 1979 by providing his clients with a superior level of service. He has had a successful career in handling “Off Market” acquisitions for a select group of Investors as well as Private and Public REITS Nationally. Vince is an expert in property sales & leasing throughout San Diego County, representing Buyers and Tenants Nationally.
Among his clients he is appreciated for his reputation of “performance and quality” as he is committed to offering highly specialized and individualized service, location market expertise, and regional opportunities to lease-up, or sell your real estate assets throughout Southern California.
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