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Grosvenor Reinforces West Coast Acquisition Effort

SAN FRANCISCO-On the hunt for more retail and multifamily investments in California, the real estate arm of the Grosvenor family taps senior investment analyst Tina Colacino to head up the effort.

By Brian K. Miller | Updated on August 02, 2006

SAN FRANCISCO-Grosvenor, the real estate arm of the Grosvenor family wants to fatten its West Coast portfolio with more retail and multifamily assets in California. The responsibility for making it happen has gone to Tina Colacino.

Previously a senior investment analyst with Grosvenor, Colacino is now an Investment Manager charged with sourcing retail and multi-family acquisitions in the San Francisco Bay Area and value-added retail opportunities in the Los Angeles metropolitan area. She replaces Alan Chamorro, who has moved into a development role as a senior vice president with the company.

Grosvenor has heretofore invested approximately $100 million in retail and residential on the West Coast.Active projects include the redevelopment of Prada’s former home at 185 Post St. in San Francisco and a 100,000-sf ground-up retail development in Novato, CA, at Hwy 101 at Nave Drive. In Southern California, the company recently completed redevelopment of 308-310 North Rodeo Dr. in Beverly Hills, a 15,160-sf, three-level building anchored by Harry Winston and bebe.

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