Business View Magazine | September 2019

224 BUSINESS VIEW MAGAZINE SEPTEMBER 2019 PREFERRED VENDORS n Real Estate Development Associates, LLC Real Estate Development Associates (REDA) is a diversified investment company which acquires and develops E-commerce, Logistics, and Distribution facilities in several Southern California target markets: Orange County, the Inland Empire, Mid-Counties, South Bay, and San Diego. The company’s strategy is designed to “create value through transformation” by focusing on targeted market opportunities where it can create the highest possible risk- adjusted returns. REDA has experience in all facets of commercial real estate, with capabilities to provide a range of services for it clients, including: Pre-Development and Entitlement, Corporate Build-to-Suit, Capital Placement, Asset Management, Acquisition / Disposition Analysis, Distressed Property Workouts, Construction and Development Services, and Property/Portfolio Management. The company’s Founders and Principals are Jason Krotts and Bill Goltermann. REDA’s partners have been responsible for in excess of 15 million square feet of entitlement, development, leasing, and sales of buildings over the past 30- plus years, with a valuation in excess of $3 billion. Over the years, the company has completed numerous development transactions in various communities throughout Southern California and, according to Krotts, “not one compares to the City of Ontario.” Regionally, Ontario is a vital player in the overall Inland Empire region of Southern California, which serves as a catalyst for goods movement and logistics for much of California and the western U.S. “The City of Ontario, working with the development community in a partnership, has created one of the largest, most a active logistics hubs, globally,” Krotts continues. “It would never have been possible without the desire by Council to create a strong live, work, play environment. Council and staff are continually seeking new avenues to try and blend these three components while also challenging the development community to do better. From Council to staff, everything runs smoothly, and it is major reason we continue to deepen our relationship with the City through our various developments.” n Baldy View ROP n Cole Huber LLP n OmniTrans