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Desert Oaks Plaza is a thriving neighborhood retail center in North Las Vegas, Nevada, situated on 6.12 acres and comprising 62,346 square feet of retail space. Since acquisition, the property has undergone significant interior and exterior enhancements, contributing to its strong resurgence. Originally purchased at 27% occupancy, the center was strategically repositioned and successfully stabilized to 100% occupancy.

In August 2025, two parcels within the plaza were sold, while the company retained management of the remaining outparcel as a long-term cash-flow asset, reflecting our continued confidence in the center’s performance and future growth.

Las Vegas, NV, USA

Desert Oaks Plaza

VCG acquired this site as part of a redevelopment strategy. Formerly an apartment complex in a premier retail corridor, the property was repositioned during escrow when we secured a long-term ground lease with Les Schwab Tire. Les Schwab has since completed construction and is fully operational. This asset is a strong addition to our portfolio and a valuable long-term hold.

Cheyenne, WY, USA

Les Schwab Tire Center

Atlas Business Park is a planned 120,000-square-foot industrial manufacturing facility situated on 8.88 acres in Northwest Houston. Its prime location, combined with the area’s low industrial vacancy and limited supply of high-quality manufacturing space, positions this development as a compelling long-term investment. Designed to meet modern operational demands, Atlas Business Park is poised to attract strong tenancy and deliver exceptional performance.

Houston, TX, USA

Atlas Business Park

This multi-tenant industrial park was acquired in late 2023 and includes additional land where we have initiated development plans for 15,000 square feet of new small-bay units. Archrock, a well-established regional oil and gas services company, occupies a specialized suite featuring a 20-ton crane. The combination of strong industrial tenancy and future development potential enhances the long-term value of this asset.

Rifle, CO, USA

Buckhorn

The North Prospect Industrial Building is a 36,474-square-foot facility in a prime Colorado Springs industrial corridor. Acquired completely vacant in October 2023, the property has since been fully leased, reflecting strong demand and successful repositioning.

Colorado Springs, CO, USA

North Prospect Industrial Building

Golden Treble, LLC has leased this 5,500-square-foot restaurant space, previously home to a well-established Mexican restaurant that operated for 48 years. The long-standing success of the prior tenant underscores the strength of this location, now positioned for continued performance under new operation..

Cottonwood, AZ, USA

Cottonwood

This 14,000-square-foot retail center was acquired with a strategic short-term flip in mind and successfully sold within one year of purchase. The project met all disposition goals and is no longer part of our portfolio.

Albuquerque, NM, USA

Sandia Heights

The Logan Street Industrial Building is a 38,440-square-foot facility that was leased to a single tenant, Zero Productions, beginning in 2021. Zero Productions is known for creating high-end, bespoke artwork and installations for luxury retail environments. While we valued their long-term tenancy, this property has since been sold and is no longer part of our portfolio.

Dallas, TX, USA

Logan Street Industrial

This 65,947 square foot retail center was purchased at auction. The project is located in Flint Township, MI near many major retailers. Since purchasing it, we have leased 18,000 square feet to American Freight Furniture and are nearing 100% occupancy. We have since dispositioned this property and it is no longer in our portfolio.

Flint Township, MI, USA

Mill Creek

Ken’s Pit Stop is an automotive service property consisting of three buildings totaling 9,856 square feet. It is located along the main business corridor of Rifle, CO. The property was purchased with attractive terms and seller financing. During due diligence we renewed the current tenant on a new 5-year lease. We have since dispositioned this asset and it is no longer part of our portfolio.

Rifle, CO, USA

Ken’s Pit Stop

Pearland Business Park is located on East Broadway Frontage Road. This 40,367 square foot property underwent a full remodel and includes office and industrial space, as well as a standalone restaurant. Upon completion and stabilization of the asset, it was dispositioned and is no longer part of our portfolio.

Pearland, TX, USA

Pearland Business Park

This 42,380 square foot industrial flex center is located off of Highway 85 and C-470 in the Hilltop Business Center at Southpark in Littleton, CO. The well constructed building was built in 2001 and was purchased at auction significantly below replacement cost. It came 100% occupied with three long-term tenants. We have since dispositioned this asset and it is no longer in our portfolio. The property provided substantial capital gains due to the low purchase price.

Littleton, CO, USA

High Pointe Business Center

This 13,350 square foot two story office building, constructed in 2005, is located in Woodland Park, CO. It is positioned right off of Highway 24 and is a bedroom community to Colorado Springs. It is next to McDonald’s, Arby’s, Sonic, Jimmy John’s, Big-O Tires and many other major retailers. The property was purchased well below replacement cost. We have since dispositioned this asset and it is no longer in our portfolio.

Woodland Park, CO, USA

Woodland Park Office Building

Lumberman’s Loop in Show Low, Arizona has been added to our portfolio. The property consists of two buildings housing nine businesses, with 17,600 square feet of rentable space and eleven drive-in bay doors. It was in excellent condition and fully occupied when it was disposed of and is no longer part of our portfolio.

Show Low, AZ, USA

Lumberman’s Loop Industrial Park

The Pueblo Industrial Park consists of four buildings totaling 28,800 square feet and includes 12 individual suites each with a roll up bay door. When we purchased the property, all of the tenants were on hand-shake agreements and no leases were in place. We did a complete renovation including painting the buildings, repairing the parking lot, adding landscaping, built a monument sign, and converted the vacant land to outdoor storage by adding gravel and fencing. This property was stabilized and has since been dispositioned and is no longer a part of our portfolio.

Pueblo, CO, USA

Pueblo Industrial Park

The Eagle Promenade Shopping Center is a 7,289 square foot retail strip center located in Eagle, ID. This elegant property was built in 2005 and is located in a WinCo Foods and Home Depot anchored shopping center. It features excellent visibility on State Street with an average daily traffic count of over 40,000 vehicles as well as a strong consumer base with an average household income in a one-mile radius of $84,675. Lying just eight miles west of Boise, Eagle has all the modern shopping amenities and services of a large metropolitan city at its disposal. Tenants include Taco Del Mar, T-Mobile, Postal Annex, Diamond Nails and Vapor Lounge. This property was sold in April of 2018.

Eagle, ID, USA

Eagle Promenade Shopping Center

VCG has acquired a single tenant industrial building in Saint George, UT. FlexPack is a nutritional company that produces and packages health products. They have occupied the building for five years. In tandem with closing the property we executed a new lease with the existing tenant bringing their rental rate up to market.
This property was a great asset, has since been dispositioned and is no longer a part of our portfolio.

St. George, Utah, USA

FlexPack Industrial Building

This 13,800 square foot retail center was purchased at auction. The project is located in Horn Lake, MS, 20 minutes from downtown Memphis. The area is a major retail hub and offers high traffic counts of over 39,000 VPD. We signed several new leases at the property and accomplished 100% occupancy. The property has since been dispositioned and is no longer in our portfolio.

Horn Lake, MS, USA

Horn Lake Station

Garden Square Apartments is a 48-unit apartment community located in Oklahoma City, OK. The property features a dog park, grill area and on-site laundry facility. Located next to the brand new Outlet Shoppes at Oklahoma, the area is home to many top tier retail establishments. This property was purchased highly distressed with a low occupancy and several units in need of substantial rehab. VCG was able to stabilize the community and sell it for a fantastic gain.

Oklahoma City, OK, USA

Garden Square Apartments

Vail Commercial Group has invested in more than a dozen small properties since its inception in 2008, acquiring assets in Utah and Nevada. These include single family dwellings, duplexes and four-plexes. These assets have since been dispositioned and are no longer in our portfolio.

Vail, CO, USA

Other Acquisitions

This small-bay business park has received more than $1.4 million in exterior and interior renovations, significantly enhancing its value and supporting a transition to market-rate leasing. The property totals 66,752 square feet across 5.86 acres and is currently 82% occupied, reflecting strong tenant demand and ongoing stabilization.

Olympia, WA, USA

Rainier Mountain Business Park

North Bell Medical Center is a 20,400-square-foot former municipal building located at 600 N. Bell Boulevard in Cedar Park, Texas—a well-established corridor for medical and professional services. The building currently hosts a primary-care clinic on its first floor operated by Cedar Park Physician Associates. Meanwhile, we are actively working to stabilize and lease the second floor, making North Bell Medical Center a strategic, long-term healthcare-focused investment in our portfolio.

Cedar Park, TX, USA

North Bell Medical Center

This 75,051 square foot industrial single-tenant sale-leaseback transaction, structured with preferred equity terms, was acquired in late 2024 to generate long-term cash flow.

Reading, PA, USA

Fidelity Technologies

This pad site is located in the retail heart of Grand Junction, CO, directly on Interstate 70. While under contract, we secured a long-term ground lease with a Panera Bread, with construction yet to commence.

Grand Junction, CO, USA

Panera Bread

Baron Lane Industrial Building is a 9,000-square-foot small-bay industrial property in Rifle, CO, acquired with tenant rents significantly below market. Since purchase, rents have been brought to market levels, and the building remains 100% occupied. This was our third acquisition in Rifle, a market with exceptionally strong industrial demand where vacancies are rare and lease quickly. Baron Lane stands as a solid long-term cash-flow asset for Vail Commercial Group.

Rifle, CO, USA

Baron Industrial Park

The Crosswind Industrial Building is a 43,272 square foot industrial warehouse constructed in 1992 and located in Prescott, AZ. It is positioned in close proximity to State Road 89A at the Airpark in Prescott, an area with low vacancy and a thriving business corridor. The property was purchased vacant and well below replacement cost with substantial room to force appreciation. During our due diligence period we began working with Ferguson Enterprises, after closing, the property was promptly leased to 100% occupancy with Ferguson Enterprises and Anderson Windows and Doors.

Prescott, AZ, USA

Crosswind Industrial Building

These two warehouse buildings, totaling 13,600 square feet, were acquired in 2024 and immediately underwent strategic improvements, including parking lot upgrades and exterior enhancements. Following these updates, the property was fully stabilized. Approximately one year later, we executed a successful sale at a strong margin, and the asset is no longer part of our portfolio.

Glendale, AZ, USA

McLellan Rd

This 5,226 square foot Starbucks retail center is located next to the Super Wal-Mart in Woodland Park, CO. This beautifully constructed three-unit building was built in 2015. It is positioned right off of Highway 24 and is a bedroom community to Colorado Springs. Prior to closing, we secured a lease for the remaining vacant space, bringing the property to 100% occupancy. The asset has since been sold and is no longer part of our portfolio.

Woodland Park, CO, USA

Starbucks

VCG purchased at auction Vista Del Bosque located in Albuquerque, NM. This 11,432 square foot building is located in a major retail area of Albuquerque with traffic counts of 54,000 vehicles per day. The area boasts strong demographics with an average household income of $100,000 in a one-mile radius. We brought the property up to 100% occupancy before selling it for a substantial profit.

Albuquerque, NM, USA

Vista Del Bosque

Falls Plaza, located in Menomonee Falls, WI, is a two-building, 37,659 square foot retail shopping center in a great area. Shortly after closing we began extensive improvements to the property, including a complete upgrade to the facade, new monument signs, refresher of the parking lot, new roofs and updated landscaping. After completion of the upgrades and renewing the tenants, the property was sold for a strong profit.

Menomonee Falls, WI, USA

The Shops on Appleton

The Salina Shopping Center consists of 6,400 square feet and was purchased with T-Mobile occupying 29% of the building. The property is located along a major retail corridor on a signalized hard corner. We immediately began working to correct all of the deferred maintenance and visual upgrades, executed further leases, and this property has now been dispositioned and is no longer in our portfolio.

Salina, KS, USA

Salina Shopping Center

Iron Springs Plaza is a 13-unit retail shopping center located in Prescott, Arizona. Over the 18-month life of the investment, we took the property from 38% occupancy to 100%. We also did extensive renovations to the property, including a complete face lift of the facade, new monument sign, new awnings, and repair of the parking lot among other improvements. We sold the property for more than three times our purchase price due to repositioning through increased occupancy and upgrades! We have since dispositioned this asset and it is no longer in our portfolio.

Prescott, AZ, USA

Iron Springs Plaza

This is a 12,500 square foot small bay industrial building we acquired in Albuquerque, NM. The property was built in 2004 and we initially switched out two of the three tenants and brought them all to market rate rents. The asset has since been stabilized, dispositioned, and is no longer a part of our portfolio.

Albuquerque, NM, USA

Karsten Industrial Building

Vickers Plaza Retail Center is a 20,342 square foot retail strip center located in Colorado Springs, CO. The property features nine in-line units and one out parcel anchor with many long-term tenants. Vickers Plaza is located in El Paso County within the Colorado Springs metro area. This investment was purchased 70% occupied in April 2017 and sold in July of 2018. Over the course of the investment, VIG completely enhanced the exterior facade, recapped and striped the parking lot, installed an upgraded monument sign, replaced the roof, remodeled most of the suites, nearly doubled the rents on long-term leases and brought the property to 100% occupancy. We were able to achieve a 125% return on investment in only 14 months! We have since dispositioned this asset and it is no longer in our portfolio.

Colorado Springs, CO, USA

Vickers Plaza Retail Center

Leslie Road was purchased along with Poss Road. It is 100% Occupied, and one of the tenants is a Fortune 500 Steel Company. 1.5 acres of excess lot is leased as additional outdoor storage to a national tenant. The building is 15,000 square feet and continues to perform at a high level. This was a great investment and has now been dispositioned and is no longer a part of our portfolio

Helotes, TX, USA

Leslie Industrial Park

Rock Springs Plaza is a 15,623 square foot retail strip center located in Rock Springs, WY. This stunning Class A property was constructed in 2006 and is in close proximity to our Super Wal-Mart shadowed shopping center. This retail center has daily drive-by traffic in excess of 20,950 vehicles. This area of Rock Springs is highly populated with many nearby major retailers. The property features a strong consumer base with an average household income of over $81,000 in a five-mile radius. Some of the tenants include Edwards Jones, Mortgage Solutions, Bank of the West, My Hearing Center and Alliance Physical Therapy. The property provided a consistent cash flow for several years before being sold in 2020.

Rock Springs, WY, USA

Rock Springs Plaza

This 9,750 square feet single story industrial building is located in Rifle, CO. The property was purchased fully occupied with long-term leases. Tenants include Fastenal and RJ Mann & Associates. Located right off of I-70 in Garfield County, the property is in close proximity to the airport, Colorado Mountain College, the Grand River Health Center and Super Wal-Mart. Rifle is in the heart of the Rocky Mountains at the base of Aspen and Vail. The property provided a consistent cash flow for several years before being sold in 2020.

Rifle, CO, USA

Fastenal Industrial Building

In early 2024, Vail Commercial Group entered into a joint venture with a developer to deliver a four-unit ski-in/ski-out condominium project. Each residence was brought to market upon completion and promptly sold, marking a successful execution of the venture.

Whitefish, MT, USA

Whitefish Condos

New York Avenue Apartments is a garden style apartment complex located off of the strip in Las Vegas, NV. The property features a gated common area and dog run. Las Vegas and surrounding areas boast a population of over two million residents. Las Vegas was among the fastest growing cities in the United States over the last decade. We have since dispositioned this asset and it is no longer in our portfolio.

Las Vegas, NV, USA

New York Ave Apartments

This 64,500-square-foot building in Centennial, Colorado—formerly owned and operated by Safeway as the anchor tenant of the surrounding shopping center—was acquired vacant and strategically repositioned. Since acquisition, we have leased 40,000 square feet to VASA Fitness, 10,000 square feet to Big Blue Swim School, and the remaining space to Battlezone, a children’s entertainment complex. The property has evolved into a strong performer within our portfolio.

Centennial, CO, USA

Smoky Hill Retail Center

Rosewood Center is a 33,000 square foot flex building in the heart of Tomball Texas, a fast-growing suburb in Northwest Houston. The well-maintained property has a diverse mix of over 20 tenants in office / warehouse and retail suites. We acquired the center in 2025 for an attractive basis and are currently executing a value-add strategy to fill vacancy and improve the site.

Tomball, TX, USA

Rosewood

The Beaver Creek office building is part of the Villa Montane Townhome Association and is one of the few commercial suites privately owned rather than owned by Vail Resorts. This investment was made in Vail to serve as our corporate headquarters.

Beaver Creek, CO, USA

Beaver Creek

Purchased in 2020, this 115,000-square-foot small-bay industrial park in Milwaukee, WI, was acquired at 93% occupancy with a strong base of long-term tenants in a submarket with a historically low 2% vacancy rate. Since acquisition we have driven significant forced appreciation by bringing rents to market and strengthening overall property performance. The park is now fully occupied and continues to be a strong performer within our portfolio.

Milwaukee, WI, USA

New Berlin Industrial Park

Alamo Avenue in Albuquerque, New Mexico, is a 10,500-square-foot industrial property featuring a functional 75% warehouse and 25% office configuration. With four dock-high loading doors and 16-foot clear height, the building is ideally suited for distribution and storage operations. We have secured a national tenant for the property, making it a strong and reliable performer in our portfolio.

Albuquerque, NM, USA

Alamo Industrial Building

The Smoky Hill Pad Site was acquired in 2019 as part of the larger Smoky Hill Retail Center. Following the purchase, we worked closely with the City of Centennial to successfully subdivide the pad from the main shopping center. A new Starbucks was then developed on the site and opened its doors in 2022. The asset was later sold in early 2023, completing a successful execution of our development and disposition strategy.

Centennial, CO, USA

Smoky Hill Starbucks

Lang Business Park was a 131,800-square-foot industrial facility situated on 7.56 acres in the heart of Houston, TX. The property featured a 55,000-square-foot distribution area, 58,800 square feet of production space, and 5,060 square feet of office/lab space. Acquired fully vacant in 2021, the building was strategically subdivided into smaller suites, leased to stabilization, and successfully sold in 2025.

Houston, TX, USA

Lang Business Park

We acquired this 3,400-square-foot warehouse with office space in April 2024 and quickly secured a strong long-term tenant, fully maximizing the property’s value. The asset was successfully sold in September 2025, concluding a well-executed investment cycle.

Grand Junction, CO, USA

Indian Road

River Village in Tucson, AZ is a retail shopping center made up of the two buildings on each end of the existing Albertson’s which make up 16,650 square feet. The property is home to several national tenants and is 100% occupied. This was an excellent investment in our portfolio and has since been dispositioned and is no longer in our portfolio.

Tucson, AZ, USA

River Village

The Delta center was originally three lots purchased in a Super Wal-Mart shadow anchored shopping center. The back two lots have since been sold for more than triple the original investment. The front lot was later sold to a car wash user at a substantial profit.

Delta, CO, USA

Delta Land Lots

The Kingwood pad site was acquired in July 2022. Subsequent improvements were made to the property, which was then sold to Take 5 Oil in 2024.

Houston, TX, USA

Kingwood Pad Site

This property was purchased in 2024. It was stabilized with renewed leases and has since been dispositioned and is no longer in our portfolio.

Fort Oglethorpe, GA, USA

Lafayette Automotive

CDS Industrial Park is a 30,000 square foot single-story industrial building located in Prescott, AZ. The building was built in 2000 and is in a great location at the Airpark in Prescott, an area with low vacancy​ and a thriving business corridor. The property was purchased in June 2017 with 20,000 square feet leased to CDS Global. CDS Global is a wholly-owned subsidiary of Hearst Corporation and is the largest magazine fulfillment house in North America. During our due diligence, we were able to renew their lease ​to extend out five years. We also lined up ​a national tenant and a medical tenant who leased an additional 3,000 square feet​ each bringing the property to 100% occupancy. After holding the property for several years, we sold it for a substantial profit.

Prescott, AZ, USA

CDS Industrial Park

Poss Road is located in San Antonio Texas. It includes 11 suites, 3 buildings, and is 41,800 square feet. The property underwent a massive renovation including a facelift of the façade, new exterior paint, a new parking lot, and a new monument sign just to name a few of the upgrades. The building was purchased along with Leslie road. We stabilized this property and have since dispositioned this asset and it is no longer in our portfolio.

San Antonio, TX, USA

Poss Business Park

Northshore Professional Park is a medical community located off of I-10 in Slidell, LA. The seven buildings make up a total of 22,859 square feet. Northshore Professional Park is located adjacent to the Ochsner Medical Center which employs over 1,100 people. The property is ideally situated near the high-traffic intersection of I-10 and HWY 190 just 30 miles northwest of New Orleans, LA. We have completed exterior remodeling and a facelift of the property as well as implemented our proven procedures to lease vacant suites and create hands-on management. We have since dispositioned this asset and it is no longer in our portfolio.

Slidell, LA, USA

Northshore Professional Park

Rock Springs Plaza 2 is a 13,160 square foot retail strip center located in Rock Springs, WY. This beautiful Class A property was constructed in 2004 and is in a Super Wal-Mart anchored shopping center. Located directly off of Interstate 80, Gateway Boulevard boasts an average daily traffic count of 21,000 vehicles. This area of Rock Springs is highly populated with many nearby major retailers. The property features a strong consumer base with an average household income of over $81,000 in a five-mile radius. Tenants include Quiznos Subs, Little Caesars, Verizon Wireless and Game Stop. The property provided a consistent cash flow for several years before being sold in 2020.

Rock Springs, WY, USA

Rock Springs Plaza 2

Mountain Shadows Professional Center is a neighborhood medical and professional office building located in Colorado Springs, CO. The property totals 23,948 lease-able square feet and is located on 2.37 acres. Mountain Shadows has an ample 5.05 parking ratio (121 spots) and traffic counts in front of the office building are over 22,000 vehicles per day. Located near the Garden of the Gods, the surrounding zip code is the second wealthiest in Colorado Springs with a one-mile average household income of over $99,000. We sold the property in August of 2016. Over the 14-month life of this investment we realized a 180% cash on cash return. We have since dispositioned this asset and it is no longer in our portfolio.

Colorado Springs, CO, USA

Mountain Shadows Professional Center

Highland Park Apartments, located in Tulsa, OK, is a 138-unit apartment community. This property is located on over six acres and features six three story buildings as well a stand-alone office and laundry facility. Tulsa is ranked the 5th most affordable city in the United States and is home to some of the nation’s largest aerospace, energy, health care, technology, manufacturing and transportation companies. We have since dispositioned this asset and it is no longer in our portfolio.

Tulsa, OK, USA

Highland Park Apartments

The Newberry Cottages is a beautiful six-unit cabin style rental property located in Cedar City, UT. The town home style units offer a stunning cottage-style feel with private fenced backyards and great mountain views. The parking lot for this property is offset from the main road, offering a secluded atmosphere while still being well located in town. Cedar City is home of Southern Utah University, Southern Utah’s premiere university, which is located about a mile from Newberry Cottages. We have since dispositioned this asset and it is no longer in our portfolio.

Cedar City, UT, USA

Newberry Cottages

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