Aerial view of University Crossing shopping center in Orem, Utah, with the Wasatch Mountains behind

Value‑add retail and mixed‑use real estate across the American West.

A fully integrated investment, development, and management firm acquiring necessity-anchored shopping centers and unlocking the land value beneath them since 1998.

1998 Investing Since
3.5M SF Current GLA
73+ Acquisitions Completed
~$700M Assets Under Management
24.6% Avg. Deal-Level IRR
21.1% Avg. IRR to Investors
2.1x Avg. Multiple on Invested Capital
95% Current Portfolio Leased

† Realized results across the buy-reposition-sell portfolio since inception. Portfolio leased figure reflects currently held properties as of September 2026. Past performance is not indicative of future results.

Who We Are

Discipline, patience, and an owner’s eye for what a property can become.

Community Development Real Estate, LLC (“CDRE”), together with its affiliate CCA Acquisition Company, LLC (“CCA”), operates as a fully integrated investment, development, and asset management firm focused on retail and on multi-family development adjacent to retail. Since inception in 1998, the firm has acquired, developed, or re-developed approximately 7 million square feet of retail, multifamily, and self-storage across more than 73 properties.

We manage capital on behalf of our Principals and Limited Partners, approximately $700 million of assets under management, from our Los Angeles headquarters, through a vertically integrated platform spanning investment analysis, acquisitions, financing, leasing, site planning and entitlements, construction, and asset management.

For Investors

A proven value-add track record

A disciplined, hands-on value investor focused on undervalued, well-located real estate with sustainable cash flow and a near- to medium-term opportunity to unlock value — more than 73 properties and roughly 7 million square feet acquired, developed, or re-developed since 1998.

Read Our Strategy
For Brokers & Tenants

Space in dominant, daily-needs centers

Our shopping centers are anchored by national grocers, discounters, and service tenants at hard-corner locations. Explore the portfolio, download site plans, and reach our leasing team directly.

Explore Availability

Let’s talk about your next opportunity.

Whether you represent capital seeking a disciplined operating partner or a tenant seeking space in the Mountain West, we’d like to hear from you.

Get in Touch