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The Syndicate Palm Desert, CA 92260
  • Status Current Projects
  • Property Type Commercial

About This Property

The Firm Capital Group acquired this 20,676 square foot commercial property in January 2022 for $2,400,000 from a hard money lender following a foreclosure. At acquisition, the asset was largely vacant, with the sole existing tenant in significant arrears, presenting a clear value-add opportunity.

Recognizing that the replacement cost exceeded $5,000,000, The Firm Capital Group immediately executed a focused leasing strategy. Within 12 months, the property was successfully stabilized at 100% occupancy, transforming the asset into a fully leased, income-producing property.
The property was subsequently appraised at $5,000,000 in May 2025, reflecting strong operational execution, market demand, and substantial value creation.

Property Details

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