Real Estate Development __ Retail Leasing __ Property Sales
Gary L. Pinkston, President
Gary L. Pinkston founded Meridian Pacific, Ltd. in 1988 as Principal Owner/President. Meridian Pacific, Ltd. is a privately owned vertically integrated corporation primarily involved in the investment and development of real estate in California, Colorado, Hawaii, Texas, and Kansas. The development activities of the company include over 150 projects including hospitality, retail, residential, and industrial projects.
Meridian Pacific, Ltd. has offices in San Francisco, California, and Honolulu, Hawaii. These offices are actively involved in the development, design, engineering, construction and financing of projects in their respective areas. Prior to the formation of Meridian Pacific, Ltd. Gary L. Pinkston was co-owner of The Walker Pinkston Companies. The Walker Pinkston Companies was a major design and building contractor that eventually evolved into one of the premier developers of neighborhood shopping centers throughout California. The firm developed some 55 shopping centers over a 10 year period.
From 1993 to 2009 Gary Pinkston was the financial advisor to the Hawaii Carpenters Union for all real estate matters. He is also a member of the Urban Land Institute, the International Council of Shopping Centers, and the Mortgage Bankers Association of America. He is a licensed Real Estate Broker in the state of Hawaii and California, and also holds a Bachelor of Science Degree in Engineering from Kansas State University.
MERIDIAN PACIFIC, LTD.
CALIFORNIA office (415) 789-5530
HAWAII office (808) 677-6700
Meridian Pacific, Ltd. has been involved in all aspects of real estate development in Hawaii and the mainland for the past 35 years. Currently, we have offices in San Francisco, California and Honolulu, Hawaii. Over the years, we have financed, designed, developed, constructed, leased, managed and owned an aggregate total of over 20,000,000 square feet of hospitality, industrial, retail, office and residential income properties for a total value of $4 billion.
Meridian Pacific, Ltd. is a privately held investment and development corporation and currently serves as a major developer, owner and manager of real estate in the western United States and Hawaii. Our expertise and experience as a developer and builder of over 100 projects including hospitality, shopping centers, industrial complexes, and office buildings in California, Nevada, Texas and Hawaii contributes to our success in every new project. Our firm has the breadth of knowledge and experience to manage the entire development process from conception through completion.
Meridian Pacific is vertically integrated in the financing, design, construction and management of the properties that we develop. Meridian Pacific, Ltd. is a family of privately held LLC’s with offices in San Francisco and Honolulu.
In recent years, Meridian Pacific has successfully acquired and financed for its own account, one million square feet of existing retail properties in California, Nevada and Hawaii. These properties have been repositioned and re-tenanted in each of their respective markets. The current occupancy of this portfolio is 98% and the NOI of many of the properties has been increased by 100%. The company continues to look for well positioned retail properties in second tier markets that offer significant redevelopment potential with hands-on asset and property management.
As a lender, Meridian Pacific provides a full spectrum of real estate financing services. From 1993 to 2009 Meridian Pacific, Ltd. provided real estate advisory services to the Hawaii Carpenters Pension Fund for the State of Hawaii. In recent years, we’ve specialized in providing construction and permanent financing for projects in the islands which includes serving as a major lender providing permanent loans and future loan commitments. We have closed transactions in excess of $1 billion in direct loans. Our lending program enables our firm to provide the underwriting, legal services, appraisals, environmental, engineering and site inspections together with all other required loan closing services through our in-house staff. This provides our borrowers with single-source responsibility for all loan requirements. Meridian Pacific’s loan portfolio has not experienced a single default in the loans it has placed totaling over $3 billion.
Our exceptional service and breadth of real estate experience places us in the forefront of our competition. Meridian Pacific is an expert in success with property development, advisory services, and real estate financing. If you have any questions regarding any of the above material, please do not hesitate to call us.