In addition, Schaal was retained to complete the leasing of several office development projects owned by Founders Properties. These include Rocklin Corporate Center in Rocklin, CA, which contains 210,000 square feet of class-A office space, and Opus Corporate Center in Roseville, CA, which holds 100,000 square feet of class-A office space.

“This is a follow-up to my position at Opus West a few short years ago,” Schaal tells GlobeSt.com. “A number of the properties that I’ll be managing initially are properties I developed myself that were sold to private equity funds, so now I’m going to be in the role of completing development and leasing of these projects for these equity funds.”

Schaal adds that his familiarity with the properties is one reason why he started the firm, in addition to his experience with bridge loan financing. “Because of my background, I found myself in the position to give advice and help property owners out—not just in the stabilization role, but in the development role as well.”

Schaal says his goals for the firm in the first year are primarily to enhance the value of his existing portfolio as much as possible, as well as to track new business. “I’m really client oriented, and I prefer land development deals.” He adds that he is looking to grow the firm quickly enough to hire some key people he’s worked with in the past.

Schaal was previously VP sales and marketing with Thermal Roof Systems Inc. He previously was a VP with Opus West Corp. here as well as an advisor to Bank of America and held commercial real estate development positions with Summit Commercial and Hillman Properties. In his career, Schaal has led or participated in the development of more than 2,000 acres of office and industrial parks and retail shopping centers, including the former Fong Ranch property off Natomas Rd. here.

As GlobeSt.com previously reported, when Schaal was with Opus West in 2008, the firm had received approval from the City of Rocklin for Opus Point Stanford Ranch, a three-building, 360,000-square-foot, class-A office development on 20 acres of the 3,500-acre Stanford Ranch master-planned community. At the time, Schaal said the company was going forward with the project because it believed in the Roseville/Rocklin submarket’s “intrinsics,” which he said included existing infrastructure, educated work force, affordable and executive housing, and restaurant and shopping amenities.