Dynamic Agents exits the residential real estate brokerage business to focus on investment brokerage and property management for private investors. The company name changes to Merle D. Hall Company.
Mark Hall joins his father at Merle D. Hall Company after a five year period with Los Angeles based Tishman West, the Western US division of New York based Tishman Management Corporation. From 1986 to 1992, Mark is instrumental in obtaining numerous asset management contracts on behalf of private investors and completing many acquisitions of shopping centers, office buildings, industrial complexes, and apartment buildings.
Merle D. Hall Company completes development of its first retail shopping center, Palm Court in Walnut Creek, CA. The company acted as overall project manager, arranged equity financing, and orchestrated all construction management and lease up.
Mark Hall and long time partner, Richard Clancy, make an opportunistic purchase of the newly developed Tower Court luxury condominiums in Walnut Creek, CA. Over the years, many further investments have been financed from this acquisition including a Dow Chemical Research facility in Walnut Creek, CA; the Children’s Hospital complex in Walnut Creek, CA; Britton Place in Lacey, WA; Laguna Village in Sacramento, CA; and part of the ZMC Hotels acquisition in Duluth, MN.
Hall Equities Group enters the hospitality industry with the construction and management of two hotels in Turlock, CA including a Holiday Inn Express and a Marriott Fairfield Inn and Suites. These two hotels are part of a 159 acre site which Hall Equities Group owned and developed into a 1.14 million square foot regional retail complex. From 1995 to 2005, Hall Equities Group completes the development of more than 1.6 million square feet of projects.
The financial crisis hits hard, but Hall Equities Group liquidates several key, high quality assets, including its entire Southern California office portfolio, at the peak of the market in 2006 to 2007. With significant liquidity and zero development debt, Hall Equities Group makes several strategic and successful acquisitions in the downturn and constructs five new projects between 2008 and 2013.