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Our Secret to Success

Pacifica’s organizing principles remain the same: to maintain the highest level of ethical and legal standards, meet or exceed investor and client expectations, and deliver superior returns on invested capital. The company’s growth and outstanding industry reputation are a testament to its expertise and longevity.

What’s the secret to success? It’s no secret that at Pacifica Real Estate Group it is clarity of purpose: consistent delivery of exceptional value and maximum returns to our investors and clients.

Meet the Team

Client-driven, committed and principled, Pacifica Real Estate Group professionals comprise proficiency in all phases of commercial real estate, including acquisitions, finance, asset and property management, and re-development. As a team Pacifica is dedicated to excellence, providing successful solutions for our partner-clients.

Russell Fraser

Managing Member

As one of the founding principals in Pacifica Real Estate Group, Mr. Fraser, along with Mr. Gibbs, is responsible for the overall strategic direction of the company and the real properties it acquires and manages. Mr. Fraser’s responsibilities also include arranging and structuring the debt and equity capital for all company acquisitions.

Previously, he served as the investment manager for a private, high net-worth family office in which he acquired and managed numerous real estate investments and operating companies throughout his long tenure. Prior to pursuing his real estate career, Mr. Fraser was associated with Laventhol and Horwath, an international accounting and consulting firm.

Robert C. Gibbs

Managing Member

Mr. Gibbs has extensive experience in all phases of commercial real estate, and has served in various executive capacities throughout his career. He and Mr. Fraser work closely together on all major portfolio and company matters. Mr. Gibbs oversees all company acquisitions, dispositions, and major leasing.

Prior to joining the company, he was president of South Coast Realty and Development, Inc., and was a Senior Marketing Consultant/Vice President for Grubb and Ellis.

Arlene M. Kostock

Chief Financial Officer and Executive Vice President

Ms. Kostock is a long-time employee of the Company who has served in various executive roles. Ms. Kostock is responsible for financial reporting, income tax compliance, investor relations, and risk management. Ms. Kostock earned her Bachelor’s Degree from Illinois State University and is a licensed real estate broker.

Donna Young

Director of Property Management

Throughout Ms. Young’s long professional career, she has accumulated extensive experience in the asset and property management of commercial real estate. Ms. Young is a long-time member of Pacifica and is responsible for the management of the Pacifica-sponsored portfolio of properties. Her portfolio is geographically diversified throughout California, Arizona, Nevada and Colorado, and includes Class A office, medical-office, and industrial properties. Ms. Young’s responsibilities include supervising all property personnel associated with each real estate asset. These properties include a diverse group of tenants from Fortune 500 companies to closely held private businesses. She is particularly adept at managing tenant relations, which is a key cornerstone of Pacifica’s management philosophy of minimizing tenant rollover.

Wesley Gibbs

Vice-President of Acquisitions & Asset Management

Mr. Gibbs began his real estate career at Pacifica in 2010 after graduating from the University of California-Irvine. He works closely with the company’s principals on all investments and major leasing. He is the Company’s lead analyst and manages many of the property due diligence functions on acquisitions. Mr. Gibbs has established close working relationships with and is the primary point of contact for many of the leading brokerage sales and leasing teams operating within the Company’s targeted markets.

Melissa Hygelund

Property Manager

Ms. Hygelund leads Pacifica’s third-party property management division. She has been associated with the company since 2015 and brings over 15 years of diverse real estate and development experience. Ms. Hygelund’s portfolio includes Class A Office, prime retail and industrial properties located within San Luis Obispo, Santa Barbara, and Ventura counties.

Prior to her tenure with Pacifica, she worked for a specialty commercial management firm in the San Francisco Bay Area. She holds a BOMI RPA® designation and initially obtained her real estate license while earning her bachelor’s degree at University of California, Santa Barbara.

Ms. Hygelund specializes in developing creative property solutions for each client she represents.

Thomas  Cortez

Associate-Asset Services

Mr. Cortez began his real estate career as a property manager, working in the Company’s multi-family residential management group. His responsibilities have now expanded to include leasing and capital improvement projects on company-sponsored office and industrial properties. Mr. Cortez is a graduate of California State University-San Marcos and is a licensed real estate agent.