August 1, 2023 And The Read More WLC Is Proud To Partner With Valley Youth House In order to better connect with and serve our customers, partners, and vendors, Watson Land Company is active on a number of social media outlets. Investing in REITs. We highly recommend Watson Realty for your real estate needs." Nareits members are REITs and other real estate companies throughout the world that own, operate, and finance income-producing real estate, as well as those firms and individuals who advise, study, and service those businesses. Bodlovichs eighteen-year expertise Watson Land Company provides your business with a full compliment of real estate services supported by a veteran team of senior managers who are available and accessible to you. During the 21/22 school year, the Catskill Avenue and Dominguez Elementary schools With a century of success as our legacy, Watson Land Companys dedication to its customers is based on delivering functional, high-quality buildings within masterplanned centers, coupled with unmatched customer service. Over the years, the company strengthened its financial foundation with a combination of sales and leases of the land. Watson Land Company has 3,078 competitors including Foncia (France), JLL (United States (USA)) and CBRE Group (United States (USA)).. Popular M&A news in Real Estate. This is where you will find our Company Overview, Historical Time-line, and Executive Bios. Richard Cannon has led firm for 18 years. Developed in partnership with GeoPhy and updated annually, the ESG Dashboard identifies and tracks company reporting of ESG key performance indicators for the U.S. REIT industry. Forseys comprehensive legal background in corporate real estate will support Watsons future growth and stability. For 60 years, Nareit has led the U.S. REIT industry by ensuring its members best interests are promoted by providing unparalleled advocacy, investor outreach, continuing education and networking. Carolyn and Elizabeth were always available to answer any questions and very helpful in making our experience an easy one. Were responding to the changing consumer profile. The center features Watsons Legacy Building SeriesSM and LEED certified construction, which together set the center apart as a highly sustainable, architecturally innovative development. So much so that they've now helped us through 3 purchases/sales. Real estate investment trusts ("REITs") allow individuals to invest in large-scale, income-producing real estate. At Chinos State of the City luncheon this year, the Chino Planning Commission presented the Reva Salter Award for practical and creative achievement to Watson for their art installation on Merrill Avenue, commemorating Chinos dairy heritage. 15 years ago, we first contracted with an outside agency called Kingsley Associates to measure our performance to hold us accountable. In this role, he oversees the creation, management, and implementation of WLCs comprehensive marketing strategy with a specific focus on the expansion on the East Coast. It could have just maintained its current portfolio, which is constantly being upgraded and modernized, and continued to deliver strong results to its shareholders. Company News | Nareit REITs invest in the majority of real estate property types, including offices, apartment buildings, warehouses, retail centers, medical facilities, data centers, cell towers, infrastructure and hotels. Copyright Nareit 2023. It has been a seamless process, and we have a really experienced management team, Jennison noted. But this wasnt a contest to benefit the bottom line. These may include office buildings, shopping malls, apartments, hotels, resorts, self-storage facilities, warehouses, and . These are the characteristics of real estate investment. That doesnt mean Watson will avoid opportunities outside the Southern California footprint. Watson Land Companys roots can be traced back to a land grant more than 200 years ago in what is now California. Until the development of Dominguez Technology Center, the land was a significant production site for Dominguez Energy, an oil production company formed by Watson Land Company and its partners. They are honest, thorough, and fun: our favorite kind of people." This is where you will find our Company Overview, Historical Time-line, and Executive Bios. Natures Best chose the 400,000 square foot speculative building to accommodate high cube storage of refrigerated and dry food products. With a vision of developing industrial buildings within a masterplanned setting, Watson began to design and construct one of the first masterplanned industrial centers 50 years ago on the Rancho San Pedro land grant. A REIT (pronounced REET), or real estate investment trust, is an entity that holds a portfolio of commercial real estate or real estate loans. National Association of Real Estate Investment Trusts and Nareit are registered trademarks of the National Association of Real Estate Investment Trusts (Nareit). Stefanie has deep experience and brings a wealth of knowledge and expertise to this role. With strong operational performance and balance sheets, REITs are well-positioned to navigate economic and market uncertainty in 2023. Its history on the East Coast, however, is just a few months old. In 1848, Mexico signed the Treaty of Guadalupe and ceded California to the United States. In his role as Vice President, Means leads the Asset Management team and oversees the overall operational performance of Watsons Matt Marfice joined the Watson team in 1998 holding various positions within the Financial Department. Building on our legacy. gospel had not yet spread in 2021, when Fontenot and his two co-founders, Emily Liu and Evan Stites-Clayton, started the accelerator. Nareit's members are REITs and other businesses throughout the world that own, operate, and finance income-producing real estate, as well as those firms and individuals who advise, study, and service those businesses. Carolyn is one of the most kindhearted, caring and dedicated Realtor I have ever worked with. An early artistic rendering of the Masterplanned Environment. It also boasts available land, lower occupancy costs and a strong labor force. With a legal practice focusing on real estate, construction Jeffrey Jennison is the President and CEO of Watson Land Company, a developer, owner, and manager of industrial properties throughout Southern California and the East Coast. Most REITs trade on major stock exchanges, and they offer a number of benefits to investors. Portfolio - Watson Land Company 1-800-3-NAREIT Investing in Industrial REITs | The Motley Fool Watson was the first industrial developer in Southern California to design and construct speculative industrial buildings in accordance with the U.S. Green Building Councils Leadership in Energy & Environmental Design (LEED) guidelines. It has to be registered with SEBI. At the end of 2021, the company had . Forsey brings more than a quarter century of proficiency as a trusted legal and business advisor to multibillion-dollar global public companies. (Watson Land Company Newsletter), From left to right: Burton Chace and Bill Huston with his daughter, Helen (Huston) Zieman, a future board member. Instead, management and the board concluded it made more sense to tap into their proven asset management and development expertise and expand into new markets. Industrial REIT Watson Land Company Expands East A certified public accountant (inactive), Roger joined Watsons financial department in 1994 and previously Executive Vice President and Chief Operating Officer Lance Ryan has been with Watson Land Company since 1997. Redlands construction (Photo by Cristi D. Costea Photography, Inc.), Watson Commerce Center Redlands (Photo by Cristi D. Costea Photography, Inc.), In 2004, Watson Land Company began the construction of Watson Commerce Center Fontana as part of its growth strategy beyond the original Rancho San Pedro land. 22010 Wilmington Avenue Watson Land Company Profile | Management and Employees List - Datanyze It wasnt a sporting event, either. Below you can find our latest news coverage in the following three sections: NEWS RELEASES LOS ANGELES-- ( BUSINESS WIRE )-- Watson Land Company (Watson), leader in masterplanned industrial real estate development throughout the United States, has selected attorney Stefanie L.. Watson Land Companys roots can be traced back to a land grant more than 200 years ago in what is now California. While the company has no plans to go public, such performance undoubtedly appeals to competitors and large firms, says Eric Frankel, an analyst with Green Streets research team. All Rights Reserved. A century Read more at reit.com. Watson Land Company Company Profile | Carson, CA | Competitors The South Bay Cities Green Watson Land Company supports 4-H in shaping Americas youth. Today, Watsons strategic giving continues to focus on the communities in which it does business in tangible and meaningful ways. Watson Land Company is a developer, owner, and manager of industrial properties throughout Southern California and the East Coast. With over 23 million square feet of industrial, warehouse, and distribution facilities located throughout the South Bay of Los Angeles and the Inland Empire, and the East Coast, Watsons buildings are designed and located to improve your supply chain, distribution, and warehousing operation. Read more about how Watson is committed to diversity and inclusion. Legacy Building (265,000 square feet) in the Watson Commerce Center Chino (Photo by Cristi D. Costea Photography, Inc.), Watson Commerce Center Redlands (Photo by Low Altitude Blimp Photography). REITs historically have delivered competitive total returns, based on high, steady dividend income and long-term capital appreciation. The senior management team began exploring the nations major industrial markets but found them largely built out and expensive to enter. For 60 years, Nareit has led the U.S. REIT industry by ensuring its members best interests are promoted by providing unparalleled advocacy, investor outreach, continuing education and networking. Watson Land Company - Investor Alert Since 2002, Watson has acquired close to 500 acres in the Inland Empire capable of supporting more than 10 million square feet of industrial buildings. Over time, the company began running out of land from the original grant. Thank you Carolyn from the bottom of my heart, youre the best!" In 1855 he offered his share of Rancho San Pedro as collateral to secure a $12,000 loan from Benjamin Richardson. United States. (California State University, Dominguez Hills), Glenn Curtiss and William Randolph Hearst in flight (The Rancho San Pedro by Gillingham), In 1922, California was estimated to be producing a quarter of the worlds oil supply, and the lands of Rancho San Pedro were highly sought after by oil companies looking to drill for oil and build refineries. Watson Land Company - REIT Artificial Intelligence Likely to Add New Layer of Demand for Data Center Industry, FTSE Nareit U.S. Real Estate Index Q2 in Review. In addition, we are seeing a lot of buyers from all over the country who want to buy or develop in the Lehigh Valley market.. Jeff joined Watson Land Company in 2000, serving as the Vice President of Asset Management and Chief As Executive Vice President and Chief Investment Officer, Kirk Johnson is responsible for the deployment of capital and oversees the Acquisition, Disposition, Entitlement, Planning, and Construction teams and he has been with Watson Land Company since 1997 As Chief Financial Officer, Roger von Ting manages lender relationships, procures insurance, and handles the financial reporting and accounting of Watson Land Company. British Land Co. falls Wednesday, still outperforms market Watsons stable financial resources also enable the Company to fund projects internally. Gladstone Land Corporation (NASDAQ:LAND) ("Gladstone Land" or the "Company") announced that it has completed the sale of an unfarmed parcel in Florida for $9.6 million. Stefanie received her BA from UCLA and her JD from Boston University. Watson Land Profile and History. (719) 783-2803 | #123456789. Watsons corporate headquarters exemplifies the companys focus on innovation and the environment. Watsons advantages include LEED certified design and construction, Heritage Customer Service Program, access to the Overweight Corridor and obtaining Foreign Trade Zone (FTZ) status. Capital allocation decisions are made locally, allowing us to move forward with strategic acquisitions and dispositions quickly. The halls of Catskill Elementary School in Carson, California buzzed with excitement as the students, teachers, and administrators entered their schools multipurpose room which had been filled by Books in Homes with the more than 700 books sponsored by Watson Land Company. Forsey received her Juris Doctor degree from Boston University and her Bachelor of Arts in English Literature, with a minor in Business from the University of California at Los Angeles. In 2005, Watson rolled out a comprehensive renovation program, updating the storefronts and improving functionality throughout the Watson South Bay portfolio of over 11 million square feet. The Watson vision continues to unfold in Chino, California: This past month, we achieved a major milestone with one of our flagship industrial parks when the City Council officially voted to accept public improvements for Watson Industrial Park Chino Phases 2, 3, and 4. While we are looking to expand and diversify into other markets over time, thats a strategic endeavor, but at the same time, its not at the expense of our long history in Southern California, Jennison commented. Watson Land Company - Developer, owner, and manager of industrial The REIT Directory provides a comprehensive list of REIT and publicly traded real estate companies that are members of Nareit. Valley Youth House seeks to be the catalyst for youth to achieve their desired future through genuine relationships that support families, ensure safe places, and build community connections., Copyright 2023 Watson Land Company - Anthony & Latankayaia Wheeler, "We had our property listed with another local realtor for 2 years with not much traffic. Making our As an involved community neighbor, Watson Land Company continues to participate as a Bronze Sponsor in the City of Chinos Relay for Life, the worlds largest fundraising event in the fight to end cancer. Features such as extensive use of clerestory windows and abundant warehouse skylights not only reduce utility costs but also, Kenco Logistics 500,000 square foot distribution center at Watson Commerce Center Redlands (Photo by Cristi D. Costea Photography, Inc.). One of our highest commitments is to environmental sustainability. We feel a tremendous amount of responsibility to our communities, he said. Carolyn Abraham. Los Angeles, California Watson Land Company (Watson), a trailblazer in masterplanned industrial real estate development throughout the United States, has selected attorney Stefanie L. Forsey as Vice President, General Counsel for the company. Nareitis the worldwide representative voice for REITs and publicly traded real estate companies with an interest in U.S. real estate and capital markets. And, as any developer knows, Californias regulatory environment is notoriously difficult. Below you can find our latest news coverage in the following three sections: NEWS RELEASES Watson, however, prefers to be low key. Recently we partnered with Valley Youth House in Lehigh Valley, Pennsylvania, to support their mission of ministering to underprivileged youth. The city of Chino has witnessed a major transformation over the last twenty years from a predominantly agricultural Just before the holidays a number of Watson employees had the pleasure of delivering school bags filled with books, educational and wellness supplies, and a Teddy Bear, to more than 80 first graders at Dominguez Street school in Carson where the Company has a significant presence, thanks to Watson Land Companys partnership with theSouth Watson Land Companys community service and youth programs generate countless thank you letters throughout the year, but we thought one recent particularly thoughtful and sincere handwritten note from Evie Reidman merits sharing with an expectation that you will enjoy it as much as Watsons employees did. Andrew & Kayla Gannon, /my_files/design_files/slides/WPG_189922_5c896ac008592727117932.jpg, /my_files/temporary_files/slides/WPG_189922_5c8ab1f2edc08509890105.jpg, /my_files/temporary_files/slides/WPG_189922_5c8abcaf213e7050800269.jpg, /my_files/design_files/slides/WPG_189922_5c896f71bf971606955719.jpg, /my_files/design_files/slides/WPG_189922_5c8aafab7cb4c599651926.jpg, /my_files/design_files/slides/WPG_189922_5c8969366f524666710599.jpg, "Elizabeth was the first person to respond within minutes about our inquiry. Valley Youth House seeks to be the catalyst for youth to achieve their desired future through genuine relationships that support families, ensure safe places, and build community connections., Copyright 2023 Watson Land Company 3 talking about this. Follow us for CRE news, updates on our current and upcoming developments, and informative articles pertinent to our industry. But what most attracted me is Watsons culture: its ethical perspective, the companys dedication to the community, and its overall commitment to every employee. REITs, or real estate investment trusts, are companies that own or finance income-producing real estate across a range of property sectors. Watson Land Companys rich tradition of philanthropy has been in place since the companys founding. Jennison has served as Watsons president since 2014. Over 200 oil wells were plugged and sealed to make way for the streets, curbs, infrastructure, and buildings in Dominguez Technology Center. With over 23 million square feet of industrial, warehouse, and distribution facilities located throughout the South Bay of Los Angeles and the Inland Empire, and the East Coast, Watsons buildings are designed and located to improve your supply chain, distribution, and warehousing operation. MEDIA COVERAGE U.S. REITs Headquartered by State | REITs Across America With California threatening their property rights, owners were forced to pay exorbitant legal fees to defend their titles. As a highly experienced industrial property construction executive, Eric Scheler is involved in every aspect of construction management and oversees all construction responsibilities for Watson Land Company throughout Lehigh Valley in Pennsylvania in his role as Vice President of Construction As Vice President, Controller for Watson Land Company, Jeanine Cornell is responsible for all financial and accounting functions for the company, including financial reporting, regulatory filings, and budgeting within the organization.
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