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Some investors are finding opportunities for yield beyond traditional assets. Stos Partners, for example, is targeting properties that play a specific functional purpose in their respective markets. The firm just acquired a 5.8-acre parking lot in San Diego for $26.5 million.

“Our firm’s overall investment strategy is to identify and acquire unique, well-located assets that serve a distinct purpose in their markets,” CJ Stos, a principal at Stos Partners, tells GlobeSt.com. “In the case of this Downtown San Diego parking site, we recognized the enormous potential of the asset to attract defense contractors in the region who continually service the Navy ships entering and leaving the Port of San Diego.”

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Kelsi Maree Borland

Kelsi Maree Borland is a freelance writer and editor living in Los Angeles whose work has appeared in such publications as Travel + Leisure, Angeleno and Los Angeles Magazine.

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