California & Western United States · Est. 2007

21st Century
PlaceMakers
for the West

A diversified commercial real estate investment and development firm — from big-box industrial to mixed-use master-planned communities across California and the Western US.

12+
Properties
Est. 2007
Established
CA & West
Geographic Focus
Full-Cycle
Develop · Own · Manage
About Comstock

Boutique. Hands-On. Value-Driven.

Comstock Realty Partners is a boutique firm focused on quality, innovation, and value creation — with a hands-on approach to solving complex property problems across industrial, mixed-use, hospitality, and residential asset classes.

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Our Portfolio

View All Projects →
Full Portfolio — 12 Properties View Details →
01
The Maclac Building
San Francisco · 108,106 SF
02
33201 Dowe Avenue
Union City, CA · 330,000 SF
03
2388 Williams Street
San Leandro, CA · 174,000 SF
04
1717 Doolittle Drive
San Leandro, CA · 435,000 SF
05
3237 Garfield Avenue
Commerce, CA · 69,706 SF
06
Marriott Courtyard Hotel
Vista, CA · 121 Rooms
07
Modelo
Commerce, CA · 850 Units
08
717 W. State Street
Ontario, CA · 106,212 SF
09
760 Shadowridge Drive
Vista, CA · 108,700 SF
10
1330 30th Street
San Diego, CA · 106,600 SF
11
3270 East Washington
Vernon, CA · 73,777 SF
12
13000 Pierce Street
Pacoima, CA · 71,286 SF
"We are 21st Century PlaceMakers for people, businesses, and government, using only the best in design, engineering, environmental technology, and social consideration principles to guide our projects."
— Adrian Comstock, Founder & Principal
Locations

Our Markets

High-growth markets across California and the Western United States.

Los Angeles / Commerce, CA
Modelo — LA Riverfront, Commerce, CA 90040
San Francisco, CA
The Maclac Building, 192–198 Utah St & 151–199 Potrero Ave
Bay Area / East Bay
33201 Dowe Ave., Union City · 2388 Williams St., San Leandro
Southern California
Pacoima · Ontario · Vista · San Diego holdings
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Start a Conversation

Whether you're exploring an investment partnership, a development opportunity, or want to learn more about Comstock's approach — we'd like to hear from you.

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Portfolio

Multifamily

Live, work, dine, play — Comstock develops vibrant mixed-use communities that integrate residential, retail, hospitality, and public space into cohesive, walkable districts.

Modelo — Commerce, CA

Active Development
Live, Work, Dine, Play

A New Heart for Southeast LA

850 residential units — 740 apartments, 65 townhomes, and 45 condos — alongside 165,000 SF of central retail anchored by grocery, pharmacy, entertainment, and wellness uses, a 20,000 SF Museum Modelo, and an expanded Veteran's Park with a 45,000 SF community center. Located along 1/3 mile of the LA Riverfront, adjacent to I-5 and Slauson Avenue, with 546,000 vehicles per day passing on the 5 Freeway.

740
Apartments
65
Townhomes
45
Condos
165,000
SF Retail (Grocery, Pharmacy, Entertainment & Wellness)
20,000
SF Museum Modelo
45,000
SF Community Center
1/3 mi
LA Riverfront
546K
Vehicles/Day on I-5
Portfolio

Industrial – Office

Comstock owns and develops industrial, manufacturing, distribution, and office properties across California — from historic adaptive reuse to modern big-box logistics facilities.

Current Properties

11 Properties · 1.6M+ SF · California
Bay Area
The Maclac Building
198 Utah St, San Francisco, CA · Active Development
A beautifully renovated complex of five interconnected historical buildings (1899–1941) at the 101–80 intersection in the SOMA-Potrero Showplace Square Design District. PDR1-D zoning supports Manufacturing, R&D, Lab, AI, Office, and Retail. Phase 1 complete; Phase 2 slated for Q2 2026.
108,106
SF
Office
Type
Mission-Potrero, SF
Market
Active Dev.
Status
33201 Dowe Avenue
Union City, CA
Large-scale distribution center in the East Bay with direct I-880 access, purpose-built for high-throughput logistics.
330,000
SF
Distribution
Type
East Bay
Market
Sold
Status
2388 Williams Street
San Leandro, CA
Comstock's largest Bay Area holding — a two-building campus accommodating manufacturing, distribution, and last-mile logistics tenants.
174,000
SF
Distribution
Type
East Bay
Market
Sold
Status
1717 Doolittle Drive
San Leandro, CA
Advanced manufacturing and distribution facility in San Leandro's industrial corridor with strong I-880 access, serving Bay Area regional logistics.
435,000
SF
Adv. Mfg. / Dist.
Type
East Bay
Market
Sold
Status
Southern California
760 Shadowridge Drive
Vista, CA
Advanced manufacturing facility in Vista with heavy power, high-bay clear heights, and infrastructure for precision production.
108,700
SF
Adv. Mfg.
Type
San Diego
Market
Sold
Status
3237 Garfield Avenue
Commerce, CA · Active Development
Distribution facility in active development near the I-5/I-710 interchange in Commerce, with proximity to Downtown LA and the Port. Delivery Q4 2027.
69,706
SF
Distribution
Type
LA Basin
Market
Active Dev.
Status
717 W. State Street
Ontario, CA
Distribution warehouse in the Inland Empire near Ontario International Airport and the I-10/I-15 interchange.
106,212
SF
Distribution
Type
Inland Empire, West
Market
Sold
Status
1330 30th Street
San Diego, CA
Distribution warehouse in San Diego with access to US-Mexico border crossings and major regional transportation corridors.
106,600
SF
Distribution
Type
Otay Mesa
Market
Sold
Status
3270 East Washington
Vernon, CA
Industrial warehouse in Vernon — centrally located in the LA Basin with I-710 freeway access and Union Pacific rail proximity.
73,777
SF
Warehouse
Type
LA Central
Market
Completed
Status
13000 Pierce Street
Pacoima, CA · Active Development
Distribution center in active development in Pacoima's San Fernando Valley corridor, targeting infill last-mile demand. Delivery Q2 2027.
71,286
SF
Distribution Center
Type
East San Fernando Valley
Market
Active Dev.
Status
Hospitality
Marriott Courtyard Hotel
Vista, CA
Entitled 121-room select-service Courtyard by Marriott with pool, gym, bistro, and indoor/outdoor lounge — demonstrating Comstock's full-cycle development capability.
121
Rooms
Marriott
Brand
North County, San Diego
Market
Sold
Status
About

Who We Are

A multi-faceted commercial real estate investment and development firm, founded in 2007 by Adrian Comstock.

Our Foundation

About Us

Founded in 2007 by Adrian Comstock, we bring together seasoned real estate professionals united by a commitment to quality, innovation, and community impact across California and the Western United States.

Company Values
01

Quality Over Volume

We prioritize quality and innovation in every project, choosing depth of execution over breadth of scale. Every property receives our full attention and expertise.

02

Hands-On Approach

Our experience-based methodology means direct engagement with every challenge — from environmental remediation to entitlement and lease-up.

03

Community & Place

We are 21st Century PlaceMakers — designing projects that serve people, businesses, and government using best-in-class design and social principles.

04

Partner Alignment

Capitalized through joint ventures with institutional investors, HNW individuals, and family offices — we tailor every strategy to match joint venture goals.

Leadership

Our Team

Experienced professionals across investment, development, and asset management.

Adrian Comstock
Adrian Comstock
Founder & Chief Executive Officer
Prior to founding Comstock in 2007, Adrian was the Vice President of Acquisitions at Magellan Group, Inc., and Director of Operations at Magellan Storage. Today, Adrian leads the firm’s investment, development, and management activities across a portfolio of multifamily, industrial, office, and hospitality properties throughout California, from San Diego and the Inland Empire to Los Angeles and the San Francisco Bay Area. Adrian built Comstock as a boutique firm focused on quality and value creation over volume and scale, taking a hands-on approach to achieving a disciplined business plan execution, thoughtful design, and optimized planning of spaces and places. A graduate of University of Southern California (BA, 1993), and Oxford University (Soviet Studies, 1990).
Kristin Panehal
Kristin Panehal
Chief Investment Officer
Kristin brings more than 30 years of real estate development, investment and capital markets experience to Comstock Realty Partners. Today, she is focused on peerless execution of financing and acquisitions transactions at Comstock. Prior to joining Comstock, Kristin spent most of her career building relationships at institutional firms such as Buchanan Street Partners, Bridge Investment, and Greystar, as a private equity portfolio manager, financing and acquisitions executive at a large Multifamily Developer/Operator. Kristin graduated University of Southern California (BS, Real Estate Finance), and she attained a Master of Science in Real Estate Development and Finance from Massachusetts Institute of Technology.
Guillermo Lara
Guillermo Lara
Director of Development
Prior to joining Comstock, Guillermo spent 12 years as an architect and Construction Project Manager at numerous institutional firms, including L’Escoto for architecture in Chicago, IL, and at Lend Lease, Skanska, and Turner & Townsend for Construction Project Management in Chicago, San Francisco and Los Angeles. Today, Guillermo oversees the project design and management teams at Comstock, ensuring keen design and the delivery of on-time and on-budget development projects and tenant improvement build-outs. Guillermo completed his Bachelor of Arts in Architecture and Master of Science in Construction Project Management, from the Illinois Institute of Technology in 2014. Prior to IIT, Guillermo studied architecture at various institutions in Mexico and Spain, including, Universidad Anahuac (2004-2005), and ETSAM (Escuela Tecnica Superior Arquitectura de Madrid 2012).
Alex Chagoyen
Alex Chagoyen
Associate
Alex practices multiple disciplines at Comstock Realty Partners; project management and financing. Alex is currently overseeing a 71,242 SF warehouse development in San Francisco, and on an ongoing basis, Alex is creating proformas and compiling due diligence for refinancings and acquisitions. Before joining Comstock, Alex was part of CBRE’s Capital Advisory team based in El Segundo, California. Alex holds dual degrees from Loyola Marymount University, (B.S. in Economics and a B.B.A. in Finance, 2024).
Anna Kudashkina
Anna Kudashkina
Design Manager
Anna is responsible for day-to-day management of project design at Comstock, drawing on her curriculum vitae that includes twelve years as a licensed architect, delivering high-end hospitality, residential, and mixed-use commercial projects, including work for globally recognized brands like Nobu and Kempinski. Anna holds dual degrees: a Master of Architecture from the University of California Los Angeles, and a Master of Science in Architectural Engineering from Omsk, Russia.
Geraldine Contin
Geraldine Contin
Controller
“Geri” is responsible for overseeing human resources, financial reporting, and tax preparation at Comstock. Prior to joining Comstock, Geri had more than twenty years of senior accounting for various enterprises including medical equipment, private clubs and hospitality. Geri has completed numerous financial and accounting courses at the University of California Los Angeles.
Gemma Lee
Gemma Lee
Office Manager and Accounting Specialist
Gemma manages day to day accounts payable and receivables, and keeps the firm’s day-to-day operations running smoothly.
"We are 21st Century PlaceMakers for people, businesses, and government, using only the best in design, engineering, environmental technology, and social consideration principles to guide our projects."
— Adrian Comstock, Founder & Principal
Contact

Let's Connect

Whether you're exploring an investment partnership, a development opportunity, or simply want to learn more about Comstock's approach — we'd like to hear from you.

Get In Touch

Contact

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Comstock Realty Partners California & Western United States comstockrealtypartners.com

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Locations

Our Markets

Comstock focuses on high-growth markets across California and the broader Western United States — where infrastructure investment and population dynamics create durable real estate opportunity.

198 Utah St, San Francisco
The Maclac Building — Industrial – Office
7316 Gage Ave, Commerce
Modelo — Multifamily
13000 Pierce St, Pacoima
Active Industrial Development
Southern CA
Ontario · Vista · San Diego holdings