Property Development

The Bates Company is active in the development of new ground-up industrial, residential and office facilities as well as the creative renovation of older properties.

We provide a full range of development services from initial land acquisition and entitlement through the entire development process. We closely monitor market trends and tenant demands to build the most state-of-the-art facilities with aesthetically attractive features. We focus on the economic and functional efficiencies that historically have created long-term value. The Bates Company has earned a reputation as an industry leader through constant commitment to deliver quality projects consistently. The Bates Company seeks land acquisition and joint venture opportunities to develop industrial/business parks and office/commercial projects. These range in project value from $10 million to $250 million. Our Company’s equity is funded both internally by the principals of the Bates Company and with a number of private investors, enabling quick responses to acquisition opportunities.

Currently we are building 75 single-family one and two story homes in Reno, NV. Floorplans range from 1,485 to 2,269 square feet.  We will break ground on Phase 2, another 55 homes, by the end of this year. To see more about the project, go to: The Trails Reno

Development Portfolio

Stadium Plaza North, Rancho Cucamonga

Value:
$18.5 million
Size:
154,000 square feet
Completed:
2005
Use:
Multi-Tenant Commercial/Industrial Units for lease

Stadium Plaza South, Rancho Cucamonga

Value:
$14 million
Size:
124,000 square feet
Completed:
2005
Use:
Multi-Tenant Commercial/Industrial Units for sale

 Property Sold

Mission Business Center, Rancho Cucamonga

Value:
$10.1 million
Size:
64,500 square feet
Completed:
1st Quarter 2006
Use:
Commercial/Industrial Units for lease

Mountain View Business Center, Azusa

Value:
$16 million
Size:
204,000 square feet
Completed:
2002
Use:
Single-Tenant Commercial/Industrial Condos sold

 Property Sold

The Colony, Azusa

Value:
$15 million
Size:
22 Units
Completed:
2nd Quarter 2008
Use:
Residential Townhomes for sale

 Property Sold

Palomares Business Park, LaVerne

Value:
$18.4 million
Size:
98,000 square feet
Completed:
4th Quarter 2007
Use:
Multi-Tenant Commercial/Industrial Units for sale and lease

 Property Sold

Parkway Business Center East, Ontario

Value:
$26 million
Size:
100,000 square feet
Completed:
4th Quarter 2007
Use:
Multi-Tenant Office Buildings for sale

 Property Sold

San Joaquin Valley College, Ontario

Value:
$12 million
Size:
50,000 square feet
Completed:
4th Quarter 2014
Use:
Educational Facility

 Property Sold

Parkway Business Center North, Ontario

Value:
$8 million
Size:
25,000 square feet
Completed:
1st Quarter 2008
Use:
Multi-Tenant Office Condominiums for sale

 Property Sold

Ontario Gateway Project, Ontario

Value:
$40 million
Size:
40 acres
Completed:
1st Quarter 2008
Use:
Entitlement, Specific Plan and Infrastructure for office, hospital, hotels, and auto dealership

 Property Sold

The Trails

The Trails is a 130 single-family home housing development in Reno. NV. Floorplans range from 1,485 to 2,269 square feet and include single and two-story models.

Value:
$405,000 - 475,000
Size:
155 Houses
Completed:
under construction
Use:
single-family residential