Buy Box

We buy value-add retail and industrial properties with mostly single-story buildings totaling over 50,000 square feet, ideally priced around $10 million, anywhere in the country.

Depending on the seller’s preference, we can make a cash offer, arrange seller financing, or structure a leaseback.

We prefer to retain the selling broker to help attract tenants to our properties.

Managing Partners

Alex

Alex has been working in construction for twenty years. He built a remodeling company in Seattle with over forty full-time employees and a projected revenue approaching $20M this year.

Ivan

Ivan has worked with leading companies such as Disney, Microsoft, and Samsung. He also founded a fintech startup that serves over five million users each month.

In 2020, Ivan and Alex partnered to launch a company focused on building modular luxury vacation homes, which led them to develop land and eventually shift into commercial real estate – now the primary focus for both of them.

Co-Partners, Mentors, and Friends

Nikita Zhitov

Nikita Zhitov is the Principal and Co-Founder of CityPlat, managing over $300M in commercial assets. He bought his first property in high school and has since acquired and developed hundreds of properties, specializing in retail, industrial, and mixed-use projects.

Rafik Moore

Rafik Moore is the Founder and CEO of Brait Capital, specializing in acquiring and repositioning distressed commercial properties. With 20+ years in real estate, he has led major retail and industrial acquisitions and successfully turned around struggling assets.

Projects

Columbia Creek, in partnership with Nikita, is contributing to a $20M+ project in Raleigh. The firm has also been involved in three additional retail developments in the Midwest with Rafik, including a 500,000-square-foot indoor mall. Additionally, we are developing a 220,000-square-foot strip mall in Spanaway, WA.

Columbia Creek Development LLC
10900 NE 4th St, Bellevue, WA 98004
info@columbiacreek.com
(425) 477-9200