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Follow on Google News | Trigild Named Receiver For Seven Commercial Office, Industrial Properties NationwideProperties Totaling More Than Three Million Square Feet Added to Its Growing Portfolio
By: Sydnie Moore As the court appointed receiver, Trigild is charged with operating, repositioning— The properties span the country and are located in Wilmington, Del.; New Orleans, La.; San Diego, El Monte, Newport Beach, Seal Beach and Irvine, Calif.; Columbus, Ohio; and Glen Burnie, Md. Highlights include: Bixby Properties, five office Orange County complexes totaling 11 structures and more than 800,000-square- Scripps Corporate Plaza, three buildings spanning 244,270-square- 1010 Commons, a 500,000 square-foot- Citizens Bank Center, a 500,000-square- FIP Realty, an industrial center consisting of 14 buildings totaling 968,000-square- Empire, a 250,000-square- El Monte, a self-storage facility with 1,121 units, spanning 110,000-square- Trigild now represents more than six billion in defaulted loans, and anticipates a significant increase in its receivership business within the next few months. “With several hundred billion dollars’ worth of hotel, office, industrial, retail and multifamily facing foreclosure within the next few years, the need for our services continues to accelerate,” Headquartered in San Diego with regional offices throughout the country, Trigild has more than 30 years of expertise in managing a wide array of distressed commercial real estate assets and operating businesses. Specializing in non-performing commercial loans, Trigild combines receivership, operations management, and disposition services under one roof -- for maximum loan recovery. Trigild is located at 12707 High Bluff Drive, Suite 300, San Diego, 92130. For further information, visit www.trigild.com. CONTACT: Sydnie Moore (619) 823-8448 moore2com@ End
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