Value-Add Retail
Acquire and reposition neighborhood shopping centers through leasing, merchandising, redevelopment, and active asset management.
EVERLIGHT
CAPITAL
Community-Driven Retail Real Estate Investments
Creating places. Strengthening communities.
Executive Summary
About Everlight
Everlight Capital is a retail-focused real estate investment and development firm dedicated to creating community-driven retail destinations throughout the Western United States. We acquire, develop, and reposition retail assets by validating tenant demand, executing thoughtful merchandising strategies, and actively managing investments to create long-term value.
Our investment strategy is rooted in disciplined execution, strong tenant relationships, and local market knowledge. We focus on opportunities where thoughtful planning and hands-on asset management can transform retail properties into durable, high-performing neighborhood destinations.
Investment Strategies
Our Investment Strategies
Everlight Capital invests in neighborhood and community-serving retail real estate through three complementary strategies. Each approach is guided by disciplined market selection, validated tenant demand, thoughtful merchandising, and hands-on execution to create durable long-term value.
Development & Pad Activation
Unlock value through site selection, entitlements, ground-up development, and strategic pad activation.
Strategic Net Lease
Create value through lease optimization, selective re-tenanting, portfolio arbitrage, and disciplined asset management.
Disciplined Market Selection
Tenant-Driven Merchandising
Hands-On Execution
Active Asset Management
Long-Term Community Impact
Experience & Differentiation
Our competitive advantage is built on relationships, disciplined execution, and deep retail expertise.
Validated Tenant Demand
We begin with tenant demand, not available real estate. Every investment is evaluated through active retailer relationships and real-world leasing demand before acquisition.
Broker & Retailer Relationships
Long-standing relationships with brokers, retailers, and developers provide proprietary insight into emerging opportunities and evolving market demand.
Merchandising Expertise
We curate complementary tenant mixes that strengthen shopping centers, improve customer traffic, and create durable long-term value.
Hands-On Execution
From acquisitions and entitlements to leasing, development, and asset management, we remain actively involved throughout the investment lifecycle.
Community-Driven Investments
We invest in neighborhood retail that serves growing communities while creating lasting value for investors, tenants, and local residents.
Track Record
Selected Transactions
Selected transactions completed by Everlight's principals across ground-up development, value-add repositioning and net lease investment.
Ground-Up Development
Mission Village
Jurupa Valley (Riverside County), California
- 76,000 SF
- Grocery Outlet anchor
- 10+ tenants
- Completed 2026
Pad Activation & Ground Lease
Raising Cane's
Norwalk, California
- ~1.5 acres
- 15-year absolute NNN ground lease
- ~18 months, acquisition to sale
Value-Add Repositioning
Peachtree Corners
Peachtree Corners (metro Atlanta), Georgia
- ~120,000 SF
- Lidl anchor
- 20+ tenants
- Completed 2018
Net Lease Portfolio
KinderCare Portfolio
Colorado
- 6 early learning centers
- 11-month hold
- Individual asset sales
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Start a ConversationTransactions shown were completed by Everlight Capital's principals. Past results are not a guarantee of future performance.
Ground-Up Grocery-Anchored Development
Mission Village
Jurupa Valley (Riverside County), California
A 76,000-square-foot grocery-anchored neighborhood shopping center developed to serve one of the fastest-growing communities in Riverside County. The project was conceived to address an underserved retail trade area through a carefully curated mix of necessity-based national and regional retailers.
Key ResultTransformed 10+ acres into a 76,000 SF grocery-anchored retail destination
Investment Thesis
- Identified a meaningful gap in retail services within a rapidly growing Riverside County trade area.
- Acquired and developed a grocery-anchored shopping center designed to serve expanding residential demand.
- Curated a merchandising strategy focused on value-oriented, necessity-based retailers to create long-term traffic and community relevance.
Execution
- Executed full ground-up development including site planning, entitlements, leasing, construction, and tenant coordination.
- Executed a multi-parcel pad disposition strategy that maximized value while activating the project's highest-value development sites.
- Anchored by Grocery Outlet and complemented by national, regional, and service-oriented retailers.
Results
- A durable neighborhood shopping center anchored by necessity-based retail and positioned for long-term value through disciplined merchandising and a diversified tenant mix.
Pad Activation & Ground Lease Development
Raising Cane's
Norwalk, California
We acquired a former CVS site in Norwalk, California and created the opportunity for a Raising Cane's ground lease. We initiated and managed the entitlement and permitting process on an accelerated timeline, working closely with the tenant to bring the project to completion. The result is a new-construction Raising Cane's on a 15-year absolute NNN ground lease, delivered through disciplined execution and strong tenant partnership.
Key ResultFormer CVS repositioned into a Raising Cane's ground lease and sold in about 18 months
Opportunity
- Acquire a well-located, underutilized former CVS site in a strong Southern California trade area.
- Bring in a best-in-class quick-service tenant to drive long-term value.
- Pursue entitlements and reposition the site for ground lease development.
Execution
- Initiated and managed the entitlement and permitting process on an accelerated timeline.
- Worked closely with Raising Cane's to advance site plans, approvals, and construction.
- Positioned the stabilized ground lease for sale, leveraging strong investor interest in the tenant and location.
Results
- Completed and sold in approximately 18 months from acquisition, demonstrating our ability to source, entitle, execute, and create value through pad activation.
Value-Add Retail Repositioning
Peachtree Corners
Peachtree Corners (metro Atlanta), Georgia
A neighborhood shopping center repositioned to better serve affluent and growing submarkets in metro Atlanta. We transformed a former OfficeMax into a Lidl-anchored center, curating a complementary mix of national, regional, and local tenants to create a vibrant, necessity-based destination.
Key ResultTransformed into a thriving grocery-anchored neighborhood center
Opportunity
- Acquire a well-located neighborhood center with a vacant OfficeMax and strong demographics in a high-growth submarket.
- Introduce a grocery anchor to better meet the needs of the surrounding community.
Execution
- Repositioned the former OfficeMax with Lidl, completing lease negotiations, tenant coordination, and the full build-out.
- Executed a targeted leasing strategy to curate a complementary mix of national, regional, and local tenants.
Results
- The introduction of Lidl and a curated tenant mix drove strong retailer demand, increased traffic, and meaningful value creation.
Net Lease Portfolio Acquisition
KinderCare Portfolio
Colorado
We acquired a portfolio of six early learning centers across Colorado, previously owned and operated by local owners. We rebranded the properties as KinderCare, securing long-term leases prior to closing. Through a focused transition and operational upgrade, we established KinderCare's presence across the portfolio and executed a disciplined disposition strategy, creating significant value in a compressed timeframe.
Key ResultEstablished a high-quality KinderCare portfolio and sold it in 11 months
Execution
- Negotiated and secured long-term KinderCare leases before closing.
- Executed rebranding and property improvements to KinderCare's operational standards.
- Positioned each asset for individual sale.
EVERLIGHT
CAPITAL
Creating Places. Strengthening Communities.
Community-Driven Retail Real Estate Investments