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Mgr Real Estate

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MGR Real Estate Comprehensive Profile



Overview



MGR Real Estate, founded in 1983 by Michael G. Rademaker, is a leading real estate company headquartered in Ontario, California. Initially starting with a single office in Upland, the company has expanded to multiple key locations across Southern California, including San Bernardino, Riverside, San Diego, Los Angeles, and Orange counties. MGR specializes in owning and operating commercial real estate (CRE) properties throughout the region.

Financial Highlights



  • Estimated Annual Revenue: $34.8 million

  • Number of Employees: 211

  • Revenue per Employee: $165,000

  • Employee Growth: 8% last year


Services



MGR Real Estate offers a comprehensive range of services such as buying, selling, renting, managing, and leasing of residential and commercial properties. The property management division is focused on maximizing occupancy and profitability, managing commercial, residential, HOA, and apartment properties. With a rich portfolio spanning over four decades, MGR ensures cost-effective property solutions in prime Southern California locations.

Leadership Team



  • Michael G. Rademaker: _Founder & CEO_. He leads the strategic vision for MGR and is heavily involved in community initiatives, steering the company with a people-first approach that has resulted in a devoted clientele.

  • Dana Rademaker: _General Manager_. Works closely with Michael to ensure operational excellence across the board.

  • Lynn Yangchana: _Vice President_, with the firm since 2005, instrumental in completing over 1,000 transactions valued at over $500 million.

  • Tony Hermosillo: _Vice President, Southern California Region_, focuses on strategic growth within MGR's real estate operations.


Achievements and Community Involvement



MGR Real Estate is recognized for its contributions and success in the industry with awards such as the Power Broker Award by CoStar Group Inc. It is actively involved in philanthropy through the "MGRGivesBack" initiative, supporting several charities like Autism Speaks and the American Red Cross.

Notable Transactions



  • 2020 Main Street, Irvine, CA: MGR expanded its office holdings by acquiring a 271,000-square-foot Class A office in Irvine for $53.7 million. This purchase fits into MGR's strategy to strengthen its presence in the Orange County market.


Contact Information



  • Headquarters: 3800 E Concours St Suite 350, Ontario, CA 91764

  • Phone: (909) 581-6600


Social Media Profiles






Competitive Positioning and Strategy



Key Competitors



MGR Real Estate competes with several large and small companies in the real estate sector:

1. Jones Lang LaSalle (JLL)
2. Square Yards
3. Placer Title Company: An annual revenue of $98.6 million with 526 employees, specializing in title and escrow services.
4. OAKWOOD ESCROW METRO: Specializes in escrow services, with $0.5 million annual revenue and 6 employees.
5. SmartStop Asset Management: Focuses on diversified real estate assets with $16.2 million in annual revenue.
6. Concord Realty: Real estate investment management with $5 million in revenue, manages portfolios across seven states.
7. The Closing Exchange: Nationwide mortgage signing services, generating $6.8 million in revenue.

Market Strategy



MGR Real Estate differentiates itself with a full-service approach in commercial property management and leasing. By maintaining open communication and prioritizing client needs, they optimize property performance and ensure high occupancy levels. Their continued employee growth reflects an expansion strategy aimed at enhancing operational capability and service delivery.

Recent Achievements



MGR Real Estate's recent recognition includes being Power Brokers Quarterly Deals winners in 2020, highlighting their expertise in deal-making and exceptional service in the real estate market of Southern California. The firm's emphasis on technical competency and personalized services keeps it well-aligned to meet diverse client requirements effectively.

This profile underscores MGR Real Estate's established presence and strategic advantages in the competitive Southern California real estate market.