San Diego, CA, December 29, 2014 --(PR.com
)-- Christopher Weil & Company, Inc., a financial services firm, today announced that CWC Income Properties 2, LLC, a private equity fund, has purchased 4 retail strip centers and a parcel of raw land for a total purchase price of $17 million.
The 4 centers total 106,096 square feet and span 9.97 acres. Each center consists of a good mix between local and national vendors. The Managing Member of CWC Income Properties 2, LLC is CWC Asset Advisors, Inc., an affiliate of Christopher Weil & Company, Inc.
“Our investment in commercial properties provides our clients with the opportunity to add income-producing assets to their portfolios that may also offer a degree of inflation protection not found in traditional fixed-income investments,” said Robert Gaan, CWC Managing Director. “We will continue to look for investments that can add value to our client portfolio offerings.”
About CWC Asset Advisors
CWC Asset Advisors, Inc. (CWCAA) is currently the Managing Member or General Partner of several private equity funds including a venture fund and funds investing in San Diego area single family homes and commercial properties. CWCAA also provides management and administrative support to more than a dozen entities for another affiliate, Storage Managers, Inc. The partnerships consist of real estate (mini-warehouse facilities, commercial office and land), several venture capital funds and an oil and gas producer.
About Christopher Weil & Company
Christopher Weil & Company, Inc. ("CWC") is a financial services firm that services clients nationwide. With over forty years in the financial world, CWC, together with its affiliates, work from every angle as investors, managers and advisors (IMA's) to bring their clients peace of mind. The firm is both a securities broker-dealer and a registered investment advisor, enabling it to provide a comprehensive and integrated mix of client services. CWC is innovative in responding to client needs and dedicated to nimble, intelligent customer service with a personal, family touch. For more information, please visit www.cweil.com.