Alere Property Group LLC - Newport Beach, CA
100 Bayview Cir Suite 6000 - North Newport Beach, CA 92660 (949) 509-5000
Alere Property Group is a privately held industrial real estate owner and developer founded in 2003 and headquartered in Newport Beach, California. The company controls a portfolio encompassing 30.4 million square feet of industrial space in California, with assets valued at over $2.7 billion. The firm operates a fully integrated platform with expertise spanning acquisition, development, leasing, and asset management, maintaining a long-term hold strategy focused on stabilized income-producing properties, value-add projects, and improved land.
The company concentrates its investments in Los Angeles County, Orange County, the Inland Empire, and the San Francisco Bay Area, with particular emphasis on locations providing accessibility to the Ports of Los Angeles and Long Beach and supporting regional distribution and manufacturing operations. Its tenant base of 280 occupants includes e-commerce, logistics, distribution, and manufacturing users ranging from multinational corporations to local businesses. Since inception, Alere has developed or acquired in excess of 25 million square feet of industrial product, delivering more than 12 million square feet of modern industrial space in the last 15 years.
The firm maintains a $500 million active development pipeline across Orange County, Los Angeles County, and the Inland Empire. During the Global Financial Crisis, Alere acquired the largest industrial real estate portfolio in California, purchasing six buildings totaling 3.6 million square feet for $210 million in December 2010. In June 2019, the company purchased the Los Alamitos Corporate Center from an institutional investor for $125 million, an 11-building portfolio with 82 tenants. In January 2022, Alere acquired a portfolio in Riverside for $199.2 million from Crow Holdings Industrial. In March 2023, the firm purchased a 17.4-acre entitled development site in Fontana for $38.9 million.
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