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C3 Development

Newport Beach, CA 2–10 employees 2 principals

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Last updated 3mo ago

About C3 Development

C3 Development is a real estate operator headquartered in Newport Beach, CA. C3 Development operates in Los Angeles, California (LA), San Bernardino-Riverside-Ontario, California (Inland Empire) and San Diego, California. Its investment focus is on Condominiums, Covered Land & Land Banking and Industrial.

C3 Development Group is a commercial real estate developer focused on commercial condominium conversions and light industrial / small-bay industrial assets. Its leadership team asserts over 60 years of combined experience and the firm claims to have completed 60+ ground-up developments & conversions and sold more than 1,500 commercial condominium units. C3 was formally founded in 2002 when its co-founder Mark Heavey pioneered a commercial condo project, though the current corporate entity has been active since 2019 in acquiring and converting properties. The company’s core real estate focus is acquiring existing multi-tenant industrial properties (Class A & B small-bay industrial, flex, medical / light industrial buildings) primarily in western U.S. markets, and converting them into commercial condominium units.

Principals at C3 Development

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2 principals on file

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Recent activity at C3 Development

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C3 Development's project portfolio

1 project on file · Office (1)

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Every development in this GP's portfolio — location, unit count, square footage, and build status — plotted on an interactive map.

Markets and themes

Markets C3 Development operates in

  • Los Angeles, California (LA)
  • San Bernardino-Riverside-Ontario, California (Inland Empire)
  • San Diego, California
  • Santa Maria-Santa Barbara, California

Investment themes at C3 Development

  • Condominiums
  • Covered Land & Land Banking
  • Industrial
  • Logistics
  • Medical Office & Healthcare
  • Single-Family Homes

Capabilities

  • Construction Management
  • Economic Development
  • Mixed Use
  • Site Development
  • Transit-oriented development
  • Urban infill

Operators similar to C3 Development

  • Ancorian
    Emerging tierSan Bernardino-Riverside-Ontario, California (Inland Empire)Medical Office & HealthcareCovered Land & Land Banking+3 more themes
  • DIV Industrial
    Emerging tierLos Angeles, California (LA)San Bernardino-Riverside-Ontario, California (Inland Empire)+1 more marketCovered Land & Land BankingIndustrial+1 more theme
  • Staley Point Capital
    Emerging tierLos Angeles, California (LA)San Bernardino-Riverside-Ontario, California (Inland Empire)+1 more marketIndustrialLogistics
  • Invent Development Partners
    Emerging tierCovered Land & Land BankingIndustrial+3 more themes
  • Caves Valley Partners
    Emerging tierCovered Land & Land BankingIndustrial+3 more themes
  • Harbor Associates
    Emerging tierLos Angeles, California (LA)San Diego, CaliforniaCovered Land & Land BankingIndustrial+1 more theme
  • Iconic Equities
    Emerging tierLos Angeles, California (LA)San Bernardino-Riverside-Ontario, California (Inland Empire)+1 more marketIndustrialLogistics
  • CRC Development LLC
    Emerging tierMedical Office & HealthcareIndustrial+3 more themes
  • Pro-ject International
    Emerging tierMedical Office & HealthcareIndustrial+3 more themes
  • MECA Commercial Real Estate
    Emerging tierMedical Office & HealthcareCovered Land & Land Banking+2 more themes

Frequently asked questions about C3 Development

What does C3 Development do?
C3 Development Group is a commercial real estate developer focused on commercial condominium conversions and light industrial / small-bay industrial assets.
Where is C3 Development based?
C3 Development is headquartered in Newport Beach, CA.
What markets does C3 Development operate in?
C3 Development is active in Los Angeles, California (LA), San Bernardino-Riverside-Ontario, California (Inland Empire), San Diego, California, and Santa Maria-Santa Barbara, California.
How many employees does C3 Development have?
C3 Development has 2–10 employees.
C3 Development cover image

C3 Development at a glance

Tier
Emerging
Operator type
Developer, Owner
Headcount
2–10
Units owned
<1,000
Units managed
<1,000
Property mgmt
Third-Party Managed
Markets
4
Principals
2

Contact C3 Development

1024 Bayside Drive Suite 365 Newport Beach California 92660
c3devgroup.com/about