Calbay is a boutique real estate development firm founded with a mission to buy premium commercial properties in California and develop first class retail and restaurant projects with staying power. The co‐founders’ collective shopping center industry experience spans 35 years working on the principal and development side of the business, and their collective acquisitions over the past seven years in California alone total +/‐ 325,000 square feet across +/‐ 30 projects, circa $175 million in project capitalization. CalBay is the California affiliate of TradeCor, LLC, a development and investment firm based in Phoenix, AZ with a 15 year track record of retail property investments and project completions across the US Southwest and Southeast, and specializing in build to suits for first-in-class brand name retailers and restaurants.