FEATURED PROPERTIES

Below are highlights of our broad portfolio of industrial, self-storage, mixed-use, office and retail properties.
Together they provide an overview of McCarthy’s expertise in development, acquisitions and operations.

Milpitas Business Park I

Master Plan

Milpitas Business Park I

Property Details:
Entitlement and installation of infrastructure on 100 acres of McCarthy Ranch on the south side of Hwy 237.
Location:
Milpitas
Asset Type:
Master Plan
Investment Strategy:
Entitlement, Public Improvements
Size:
100 Acres
Property Purchased:
1896
Key Developments:
KLA Tencor built their corporate campus. Hotel and motels were developed along with a gas station and retail.

Milpitas Business Park II

Master Plan

Milpitas Business Park II

Property Details:
Master Plan
Location:
Milpitas
Asset Type:
Master Plan
Investment Strategy:
Entitlement, Public Improvements
Size:
50 Acres
Property Purchased:
1896

Milpitas Business Park III

Master Plan

Milpitas Business Park III

Property Details:
Entitlement and installation of infrastructure for 300 acres of McCarthy Ranch.
Location:
Milpitas
Asset Type:
Master Plan
Investment Strategy:
Entitlement, Public Improvements
Size:
300 Acres
Property Purchased:
1896
Key Developments:
Walmart, Best Buy, Hilton Garden Inn, 1,000,000+ square foot office park and 1,000,000+ square foot industrial park.

Gilroy Business Park

Master Plan

Gilroy Business Park

Property Details:
Entitlement and installation of infrastructure for 104 acres business park with 16 acres of highway commercial/retail uses along Highway 152.
Location:
Gilroy
Asset Type:
Master Plan
Investment Strategy:
Entitlement, Public Improvements
Size:
104 acres of land and up to 1.8 million square feet of building.
Date:
March 2011 Entitlement

McCarthy Creekside Phase 1

Industrial

McCarthy Creekside Phase 1

Property Details:
Entitlement & Development of 2 Industrial Buildings & 1 retail drive-thru.
Location:
Milpitas
Asset Type:
Industrial
Investment Strategy:
Entitlement, Development
Size:
456,625 SF
Date:
June 2018 Development
Tenants:
Apple, Watchpoint Logistics

McCarthy Creekside Phase 2

Industrial

McCarthy Creekside Phase 2

Property Details:
Entitlement & Development of 3 Industrial Buildings.
Location:
Milpitas
Asset Type:
Industrial
Investment Strategy:
Entitlement, Development
Size:
353,115 SF
Date:
March 2020 Development
Tenants:
Amazon

Sprig Center - Floor & Décor

Retail

Sprig Center - Floor & Décor

Property Details:
Entitlement & Development of Retail Warehouse
Location:
Milpitas
Asset Type:
Retail
Investment Strategy:
Entitlement, Development
Size:
74,821 SF
Date:
December 2019 Development
Tenants:
Floor & Decor

Sprig Center - Self-Storage

Self-Storage

Sprig Center - Self-Storage

Property Details:
Entitlement & Development of 3 Building Mini-Storage Facility.
Location:
Milpitas
Asset Type:
Self-Storage
Investment Strategy:
Entitlement, Development
Size:
844 Units
Date:
December 2019 Development
Managed by:
Extra Space Storage

McCarthy Gilroy Industrial Center

Industrial

McCarthy Gilroy Industrial Center

Property Details:
Entitlement & Development of 2 Industrial Buildings.
Location:
Gilroy
Asset Type:
Industrial
Investment Strategy:
Entitlement, Development
Size:
382,565 SF
Date:
UNDER CONSTRUCTION, February 2024 Delivery
Tenants:
Spec Development

The Herschel
La Jolla

Office

The Herschel
La Jolla

Property Details:
Acquisition & Repositioning of Office w/ Ground floor retail.
Location:
La Jolla
Asset Type:
Office
Investment Strategy:
Repositioning
Size:
36,082 SF
Date:
December 2015 Acquisition
Tenants:
Tommy Bahama, Citibank, Fresh Clean Apparel

Chevron Partnership

Retail

Chevron Partnership

Property Details:
Entitlement & Development of 2 Chevron Fuel Stations (ground lease).
Location:
Milpitas, Gilroy
Asset Type:
Retail
Investment Strategy:
Entitlement
Size:
4,381 SF; 3,687 SF
Date:
December 2019 Development
Tenants:
Chevron (NARJ, LLC)

Gilroy Self Storage

Self-Storage

Gilroy Self Storage

Property Details:
Entitlement & Development Mini-Storage Facility with RV parking.
Location:
Gilroy
Asset Type:
Self-Storage
Investment Strategy:
Entitlement, Development
Size:
964 Units
Date:
January 2008 Development
Managed by:
Gilroy Self Storage

Highway 9 Los Gatos

Mixed-Use

Highway 9 Los Gatos

Property Details:
Acquisition & Repositioning of Office & Retail Property.
Location:
Los Gatos
Asset Type:
Mixed-Use
Investment Strategy:
Repositioning
Size:
11,582 SF
Date:
February 2015 Acquisition
Tenants:
Xactly, Out of the Barrel

212 Santa Cruz Avenue

Retail

212 Santa Cruz Avenue

Property Details:
Acquisition & Repositioning of Retail Property.
Asset Type:
Retail
Investment Strategy:
Repositioning
Size:
5,143 SF
Date:
February 2015 Acquisition
Tenants:
Specialized Bicycles, Pressed Juicery

McCarthy Business Park Retail

Retail

McCarthy Business Park Retail

Property Details:
Entitlement & Development of Retail Center.
Location:
Gilroy
Asset Type:
Retail
Investment Strategy:
Entitlement, Development
Size:
38,453 SF
Date:
January 2008 Development
Tenants:
Tractor Supply, Hertz, Subway, Sonic

Almendra Avenue

Office

Almendra Avenue

Property Details:
Acquisition & Repositioning of Office Property
Location:
Los Gatos
Asset Type:
Office
Investment Strategy:
Repositioning
Size:
2,489 SF
Date:
June 2014 Acquisition
Tenants:
McCarthy Development HQ

15425 Los Gatos Boulevard

Mixed-Use

15425 Los Gatos Boulevard

Property Details:
Acquisition & Repositioning of Office Property
Location:
Los Gatos
Asset Type:
Mixed-Use
Investment Strategy:
Repositioning
Size:
15,191 SF
Date:
March 2001 Acquisition
Tenants:
Stanford University Health, Provident Credit Union

218 Santa Cruz Avenue

Retail

218 Santa Cruz Avenue

Property Details:
Acquisition & Repositioning of Retail Property
Location:
Los Gatos
Asset Type:
Retail
Investment Strategy:
Repositioning
Size:
7,072 SF
Date:
July 2021 Acquisition
Tenants:
Title 9, The Villa Galleria

McCarthy Creekside Phase 3

Industrial

McCarthy Creekside Phase 3

Property Details:
Entitlement & Development of 5-acre parking lot for tenants operations.
Location:
Milpitas
Asset Type:
Industrial
Investment Strategy:
Entitlement, Development
Size:
217,800 SF
Date:
March 2021 Development
Tenants:
Amazon

51 University

Mixed-Use

51 University

Property Details:
Acquisition & Repositioning of Office & Retail Property
Location:
Los Gatos
Asset Type:
Mixed-Use
Investment Strategy:
Repositioning
Size:
10,220 SF
Date:
January 2023 Acquisition
Tenants:
Various

907 Dell Avenue

Industrial

907 Dell Avenue

Property Details:
Acquisition of specialized veterinary center.
Location:
Campbell
Asset Type:
Industrial
Investment Strategy:
Acquisition
Size:
15,624 SF
Date:
March 2023 Acquisition
Tenants:
Sage Veterinary Centers

6300 Cameron Boulevard

Industrial

6300 Cameron Boulevard

Property Details:
Entitlement & Development of Industrial Building with yard.
Location:
Gilroy
Asset Type:
Industrial
Investment Strategy:
Entitlement, Development
Size:
9,000 SF & 3.7 AC Yard
Date:
April 2016 Development
Tenants:
Pepsi

805 1st Street

Retail

805 1st Street

Property Details:
Acquisition & Repositioning of Retail Pad
Location:
Gilroy
Asset Type:
Retail
Investment Strategy:
Repositioning
Size:
2,956 SF
Date:
October 2013 Acquisition
Tenants:
Mechanics Bank