Next-Generation Services for Buying and Selling Cars

Monterey Motorsport Park is a luxury garage-condo facility and car community located adjacent to Monterey Regional Airport. The vast majority of owners plan to use their units to store car collections, memorabilia and other valuable collectibles.

Now with approval from the City of Monterey, interested owners may apply for either wholesale or retail dealer licenses from the California Department of Motor Vehicles (DMV) — so they can handle custom car buying and selling, with transactions often taking place on-demand via e-commerce.

“This is a major announcement and accomplishment for Monterey Motorsport Park,” says Gordon McCall, noted Monterey Peninsula collector of cars and motorcycles, co-host of McCall’s Motorworks Revival at the Monterey Jet Center and a member of the project’s development team. “Together with the unique tax benefits of ownership in this facility, to obtain the incredibly strict zoning approval from the DMV will really help many prospective buyers with their decision to invest in this property”.

Added Benefit for Garage-Condo Owners

Being able to handle vehicle sales and purchases within a community tailored to the needs of auto enthusiasts is expected to be a highly desirable benefit for many owners at Monterey Motorsport Park.

“These luxury garage-condo units are ideal to showcase a limited inventory of exotic, classic or other collectible cars,” explains Ralph Borelli, co-managing member of Monterey Motorsport Park. “This e-commerce-driven business model has proven to be quite popular with owners in other similar facilities such as Club Auto Sport in Silicon Valley — where more than a dozen owners operate specialized, next-generation auto sales businesses.”

One of the first businesses to open in the community will be Gordon McCall’s firm, McCall Events. McCall will use the downstairs garage space as a showroom for his extensive collection or cars and more than 20 vintage motorcycles. Upstairs, in a spacious mezzanine, McCall will establish a small office to run his business. Other owners may choose to use their mezzanine (included in every unit) to create a comfortable retreat, with amenities ranging from sofas and TVs to high-speed, fiber-optic Internet service or a wet bar.

SBA Financing of Up to 25 Years

Monterey Motorsport Park is working with two lenders:

Joe Maleti, EVP–Division Manager, Commercial Real Estate Lending at Avidbank, who offers conventional financing,

Bruce Whitaker, Senior Vice President, Business Development at TMC Financing, who offers SBA loans for small businesses — including new fixed SBA 504 loans with terms of 25 years, in addition to the familiar 10- and 20-year SBA loans. Plus, you may enjoy the long-term potential for appreciation offered by real estate on the Monterey Peninsula.

Construction Moving Swiftly Ahead

Construction is well underway at Monterey Motorsport Park, and with the arrival of favorable weather, completion is expected in the 4th quarter of the year. But don’t wait. Already, approximately half of the 86 units in the complex are spoken for.

For pricing or additional information, contact:

• Josh Jones, Cushman & Wakefield, [email protected], (831) 647-2106
• Ryan Clark, Cushman & Wakefield, [email protected], (831) 755-1635
• Dennis Chambers, [email protected], (408) 605-6760
• You can also get in touch with Gordon McCall, who’s part of the development team and will be relocating his business — McCall Events — to the community upon build-out, at [email protected] or call (831) 372-9311.
• Or you can contact Ralph Borelli at [email protected] or call (408) 521-7117.

IRS-recognized cost segregation accounting practice can deliver $82,000 in first-year tax write-offs on a $315,000 purchase at Monterey Motorsport Park

With Rents Rising and Low Interest Rates, Now’s the Time to Buy the Storage Space You Need

When a businessperson or individual investor is in need of commercial space, the same question always arises: should I lease or buy?

Consider this: warehouse/industrial vacancy is quite low in Monterey County — in the single digits. The market for flex commercial space — the type that’s used by car collectors as well as for businesses or individuals who need extra storage space — is extremely tight: at around 1% vacancy. This creates high demand and drives rental rates skyward. So what do you do?

Fortunately, on the flip side of the coin, interest rates for SBA loans right now are near historical lows. Note rates are in the low 3% range — with total APRs including fees running from 4.35% to 4.62% for 10-year to 25-year SBA loans.

So, it makes perfect sense to buy, rather than lease, and pay yourself instead of paying off your landlord’s mortgage. Of course, as with any financial transaction of this significance, you should check with your CPA, attorney or other advisors before purchasing.

Cost Segregation: IRS-recognized Practice Saves Thousands in Faster Tax Write-offs

To make your purchase at Monterey Motorsport even more cost-effective and affordable, the team at Monterey Motorsport Park has paid to have a special engineering study done that can accelerate your write-offs of up to one-sixth of your garage-condo’s value.

The meticulous study supports a practice called cost segregation, something that’s been repeatedly upheld in IRS reviews and audits. Using cost segregation, you’re able to break down the total cost of your garage-condo unit — minus 20% for the land it’s on — into 5-year, 7-year and 15-year components, as well as 39-year property. By depreciating some of the building’s components over these shorter time periods, rather than depreciating the entire value of your purchase using the standard 39-year basis, you can write off an enormous amount in the first year — often enough to offset most or all of your down payment on an after-tax basis.

Going forward, you’ll of course be making monthly payments, but rather than going down the drain in rent, these payments will be building equity in your garage-condo — with the payments locked in at low interest rates. It’s a real win-win proposition. Potential appreciation offers another attractive benefit.

Want to learn more and have something you can share with your CPA? We asked our CPA to help create a highly informative cost-segregation white paper. We’re happy to share that with you and your advisors, and there’s no charge or obligation. You can download it here.

Construction Proceeding Steadily at Monterey Motorsport Park

Located adjacent to Monterey Regional Airport along Highway 68, Monterey Motorsport Park represents the next evolution in upscale, luxury garage-condos. The four-building, 90,000 sq. ft. complex offers a total of 86 units ranging from slightly less than 700 sq. ft. to nearly 2,600 sq. ft. — with amenities such as a gated entrance, remote interactive guarding services, spacious mezzanines for customizing into offices or leisure spaces, optional high-speed fiber-optic Internet and cable TV service, and much more.

Construction has been underway for months (see our live cam) and will wrap up in Q4 of this year. If you’d like to know more about what this uniquely conceived car community and multifaceted storage facility offers you as a business owner or investor, contact one of our brokers or development team members:

For SBA Financing information contact: Bruce Whitaker, Senior Vice President, Business Development TMC Financing at [email protected], 408.483.9599

For pricing or additional information, contact:

• Josh Jones, Cushman & Wakefield, [email protected], (831) 647-2106
• Ryan Clark, Cushman & Wakefield, [email protected], (831) 755-1635
• Dennis Chambers, [email protected], (408) 605-6760

You can also get in touch with Gordon McCall, who’s part of the development team and will be relocating his business — McCall Events — to the community upon build-out, at [email protected] or call (831) 372-9311. Or you can contact Ralph Borelli at [email protected] or call (408) 521-7117.

Wall Street Journal article on Monterey Motorsport Park co-developer details his start on the road to success

Two years before he was old enough to apply for a driver’s license, Gordon McCall — host of the annual McCall’s Motorworks Revival, which kicks off Monterey Car Week each August, and a highly successful local businessman — came to a crossroads.

He had seen an ad for a 1969 Honda CL90 motorcycle, which he desperately wanted. But he knew his mother would say no. So, he did what most future entrepreneurs would do. He assembled the necessary funds (he sold his 10-speed bicycle and pooled his earnings from lawn work) and he made the investment.

And that little bike — which he still owns and rides — started him on a lifelong odyssey that’s led him to become one of the most recognizable motorsports aficionados on the car crazy Monterey Peninsula. Read the full article in the Wall Street Journal here.

One of the Driving Forces Behind Monterey Motorsport Park

McCall’s latest passion is Monterey Motorsport Park — the next evolution in luxury garage-condos — located near the Monterey Airport. The unique car community, which is attracting interest from car collectors as well as businesses and individuals who simply need more storage space in a secure, gated facility, offers 86 garage units for purchase — ranging in size from just less than 700 sq. ft. to nearly 2,600 sq. ft.

McCall plans to move his successful firm, McCall Events, to Monterey Motorsport Park as soon as it opens later this year. His wife, Molly, a noted painter and photographer, will also create a gallery for her artwork in the complex.

Luxury amenities at Monterey Motorsport Park include:

• A sleek, attractive design unlike any common mini-storage facility you’ve seen
• A spacious mezzanine in every unit, 13 feet above the garage floor and accessible via an interior staircase, which garage-condo owners are customizing into an office, leisure space, or simply using for additional storage
• Roll-up as well as walk-in doors, to accommodate vehicles and their owners and guests
• High-speed Internet service and cable TV options
• Access-controlled entry gates, security lighting, plus video of the facility’s perimeter and unit entrances — with 24×7 proactive remote guarding
• The advantage of purchasing, rather than renting month after month — to lock in costs based on today’s low interest rates

Garage-Condos Are Going Fast

Approximately half of the garage-condos have been reserved and with construction steadily progressing, owners are finalizing their purchases — so the remaining selection is rapidly dwindling. Check out the live construction cam here.

To learn more about Monterey Motorsport Park, contact our brokerage team:

• Josh Jones, Cushman & Wakefield, [email protected], (831) 647-2106
• Ryan Clark, Cushman & Wakefield, [email protected], (831) 755-1635
• Dennis Chambers, [email protected], (408) 605-6760

You can also contact Gordon McCall, who’s part of the development team and will be relocating his business — McCall Events — to the community upon build-out, at [email protected] or call (831) 372-9311. Or you can contact Ralph Borelli at [email protected] or call (408) 521-7117.

Passion investing — putting a percentage of your wealth into something you love — has become highly popular over the past decade or so. The concept is so well accepted that many investment advisors suggest that their clients allocate a fixed percentage — perhaps 15 to 20% of their wealth — in this investment category.

What’s a passion investment? Typically, it’s something you’d spend your money on even if you weren’t considering it as an investment, which then grows over time as you recognize the value that’s being created by your collection. Here are some of the leading types:

• Art
• Antiques
• Collector cars and motorcycles
• Coins, stamps and firearms
• Fine wines
• Historical collectibles
• Jewelry
• Sports or entertainment memorabilia

For some, it could even mean buying a small winery or some vineyard acreage to indulge in a passion to produce their own wine. The point is: these are all investments in which you take a great deal of personal pleasure while you watch their value grow over time.

Collector Cars Racing Ahead with 500% Return

One of the fastest moving passion investments has been car collections. In a 2016 report, CNBC’s Deborah Nason said, “Classic cars are gaining attention due to their nearly 500% returns over the past decade, outpacing art and wine by more than 100%, as reported by the Knight Frank Luxury Investment Index.”

The most valued nameplates include Aston Martins, Ferraris and Porsches, but lately a wider range of cars including American muscle cars and more recent models are showing solid gains for collectors as well.

The rapid appreciation in value has shifted cars out of the realm of casual collectibles and into a serious asset class. And just as you wouldn’t tuck away a Picasso or Rembrandt in your closet or keep a wine rack full of $10,000 Bordeaux’s in your front room, it doesn’t make sense to store even a modest collection of classic cars in friends’ garages or a dusty warehouse or ministorage unit.

Monterey Motorsport Park represents the next generation of specialized garage-condos perfectly suited to car collectors’ needs. The four-building complex located just off Hwy 68 adjacent to the Monterey Airport provides security-conscious, access-controlled storage plus a fun car-driven community — with many owners who share your interest in car collecting.

Matching your Passion for Cars

The exclusive, upscale facility has a total of 86 car and storage condos ranging from less than 700 sq. ft. to nearly 2,600 sq. ft.

These garage-condos are ideal for car collectors with any size of collection, RV or boat owners, or anyone who needs additional storage space for their business or personal items such as furniture from a vacation home, recreational equipment, or anything that’s been cluttering your home garage. Attractive features include:

• A stylish design with modern clean lines, stone treatments and welcoming entry canopies
• Ceilings soaring up to 25 feet, with large roll-up doors up to 14’ x 14’, 12’ x 14’ or 12’ x 12’, depending upon your unit’s location — and a standard walk-in door as well
• Mezzanines 13 feet above the garage floor, accessible via an interior staircase. Many owners are planning to customize this space into an office or personal retreat — with a large-screen TV, sofa, wet bar, and more to enjoy their favorite races or sporting events.
• High-speed fiber-optic Internet to opt in to whatever level of Comcast broadband service and cable TV you desire
• Completely fenced complex with access-controlled entry gates, abundant lighting, video in perimeter areas, and a next-generation, pro-active remote guarding service

The best part is: just like the passion assets you’re collecting, your investment at Monterey Motorsport Park has the potential to appreciate in value over the coming years — like precious real estate on the Monterey Peninsula has done for decades. You also have potential tax benefits if you use the space for business purposes. As always, you should consult with your CPA or tax professional about the specific benefits you may enjoy.

Opening Scheduled for Q4 2019

Construction at Monterey Motorsport Park is moving rapidly ahead, with an expected completion in Q4 2019. But now is definitely the best time to reserve your unit!

Not surprisingly with the ideal value and location and these additional benefits, approximately 50% of the units are already sold after just a few months! So don’t delay. Contact us today!

The humble garage. When it was first conceived, it seemed like a fine idea: an enclosed space in which to park the family cars and protect them from heat and cold, rain and the occasional passing seagull. But somewhere along the way, the idea of a traditional attached garage has been run off the road.

Rather than hosting cars, garages have been outfitted with pool or ping-pong tables or arcade games and transformed into an entertainment space. Or they have been made into home gyms, complete with a set of bar bells and maybe a treadmill that if only the person who bought them would use the darn things, there would be no reason to go to the next higher pant size.

Guys have also gotten carried away and decided that it would be even better if they could use their garage as a makeshift shop for do-it-yourself auto service or modifications — filling the space with tools, test instruments and un-drivable vehicles with their parts scattered all over the floor for months at a time.

And in what little room may be left, your guy has likely squeezed in camping gear, sports equipment or what have you. In other words, just about anything that you won’t let him bring into the house, he stashes in the space where you’d like to simply park your car.

Ladies Love Garages Too

But lest you laugh a little too loudly, ladies, we see you looking longingly at your garage space as well.

Unless you’re a car gal — and there are a growing number of those today — your interest in the space may have nothing to do with motor vehicles. But we know that you’re filling it with boxes of Christmas ornaments, clothes and shoes you’ve removed from your closet but can’t part with, furniture, extra household items, and who knows what else? Where does all this stuff come from?

In the meantime, your family’s cars are looking lonely and exposed parked in your driveway or at the curb.

Bring your Cars in from the Cold at Monterey Motorsport Park

It’s time to take your garage back!

Monterey Motorsport Park offers upscale Monterey garage storage adjacent to the airport. You’ll find 86 unique garage-condos — ranging from under 700 sq. ft. to nearly 2,600 sq. ft. of space. This will let you clear out your home’s garage, so you can finally park your cars where they belong. These garage-condos are ideal for:

• Storing and wrenching on your cars or motorcycles to your heart’s delight
• Packing in a variety of household items such as holiday decorations, extra furniture from your vacation home, your kids’ college furnishings, boxes of personal files, and more
• Storing business equipment or supplies
• Parking a luxury motorhome, RV or boat (selected units)

Other features offered by Monterey Motorsport Park’s garage-condos include:

• Ceiling heights up to 25 feet, creating room for a spacious mezzanine 13 feet above the garage floor, accessible by an interior staircase
• These mezzanines can be customized into offices or personal retreats with high-speed Internet and cable TV options, helping to create what will be a unique car-driven community
• A well-planned design for the complex that includes access-controlled entry, abundant lighting and video in perimeter areas — plus a next-generation, pro-active remote guarding service
• The opportunity to own, not lease, your unit, locking in today’s property values and low interest rates, and offering the potential for generous appreciation over time — especially with the number of residences in places such as Carmel that have inadequate garage space…or no attached garage at all

These Monterey Car Storage Condos Are Going Fast

No doubt these garage-condos sound like the perfect way to finally be able to use your garage at home. Then, it should be no surprise how fast these units are selling!

Already, approximately 50% of the garage-condos at Monterey Motorsport Park are spoken for, with construction to slated to be completed until Q4. Don’t wait! Contact us today!

February is one of the rainy months in the Bay Area. But not THAT rainy! If you were keeping track at home, yes indeed, 19 of February’s 28 days were wet. That’s more than two-thirds of the month. And yet, the crews assembled by co-developer and general contractor, SWENSON, managed to keep things steadily moving at Monterey Motorsport Park.

Here are some of the highlights of the construction work that’s taken place in the past two months at the unique garage-condo facility and car enthusiast community along Highway 68 adjacent to the Monterey airport:

• 10,872 sq. ft. of plywood sheeting has been installed to create the full façade on Building A at the four-building complex
• Building A also incorporates 195,000 pounds of light gage steel framing, wall panels and roofing AND 150,000 screws. (So, no need to personally count these!)
• Concrete was poured in February for Building C’s lower flooring slab and Building D’s lower footings
• Building B’s slab was just poured on March 23rd — so only Building D’s upper footings and slab remain to be poured, most likely in April
• Building A’s steelwork, as noted above, is complete. Building B’s steel will be next. Deliveries have also been set for Building C’s steel to arrive on-site in late April and Building D’s steel in mid-June.

As you can see, excellent progress is being made on the construction of Monterey Motorsport Park — with completion continuing to be targeted for Q4 this year. Stay up to date on the progress by following our live construction cam.

Still Waiting for the Right Time to Buy?

Well, that time is now. With roughly half of the garage-condo inventory at Monterey Motorsport Park already gone and purchase agreements now being finalized, the selection is dwindling fast.

Monterey Motorsport Park truly represents a new vision for luxury garage-condos, perfect for every car collector, motorsports enthusiast or any individual or business looking for top-quality, garage-type storage space in a gated complex with proactive security monitoring.

Plus, the big benefit is that with each unit boasting a spacious mezzanine that can be customized into a luxury retreat or personalized office, this is where your friends and business associates will be hanging out on race weekends, during Monterey Car Week in August, or anytime people want to relax and enjoy all the attractions of the spectacular Monterey Peninsula (which when you think about it, is pretty much every weekend).

Don’t get left at the starting line — or miss the opportunity to choose the unit of your dreams. You’ll also want to lock up your garage-condo purchase while interest rates remain low by historical standards — and secure a commercial real estate investment with an excellent chance to appreciate significantly over the coming years. (Check with your CPA or tax advisor with any questions.)

For pricing or additional information, contact:

• Josh Jones, Cushman & Wakefield, [email protected], (831) 647-2106
• Ryan Clark, Cushman & Wakefield, [email protected], (831) 755-1635
• Dennis Chambers, [email protected], (408) 605-6760

You can also get in touch with Gordon McCall, who’s part of the development team and will be relocating his business — McCall Events — to the community upon build-out, at [email protected] or call (831) 372-9311. Or you can contact Ralph Borelli at [email protected] or call (408) 521-7117.

As a collector, you’ve hopefully discovered that Monterey Motorsport Park — located adjacent to the Monterey airport — offers the ideal solution to the challenge of finding a convenient place to securely store your cars, where you can easily enjoy and work on them and share your hobby with other auto enthusiasts.

But it’s only natural to want to maximize both the space in your garage-condo and the value of your investment. The answer is single-post lifts such as the ones manufactured and marketed by American Custom Lifts.

Make the Most of Your Space

Now, you can purchase whatever size of unit that meets your budget requirements and still easily fit your cars into your garage-condo.

Every unit at Monterey Motorsport Park has an extraordinary amount of vertical space — up to 13 feet under the mezzanine and as high as nearly 25 feet elsewhere. With lifts such as American Custom Lift’s affordable M-1 single-post lifts, you can easily double the number of cars you can fit into a given space.

These single-post lifts offer numerous advantages:

• Better use of space than two-post and four-post designs
• Fewer posts in your unit, to reduce the danger of scratching your cars or dinging a mirror during entry or exit
• Up to 82” of clearance on its top lock — positive locking mechanism for optimum safety
• Adjustable track width to accommodate virtually any vehicle
• Supports up to 6,500 lbs.

American Custom Lifts is just one of a number of vendors that you can contact if you’re interested in looking into single-post lifts to make the most of your garage-condo space. View our unit layouts to see how you can use a lift to get the most out of your space

An Uplifting Investment

Monterey Motorsport Park offers car collectors and motorsports enthusiasts that rare opportunity to take advantage of a promising investment and be part of something you’re passionate about at the same time.

In the past, investments in Monterey Peninsula property have performed very well. And while there can be no guarantees about Monterey Motorsport Park’s future prospects, previous developments such as Garage Unlimited of Monterey have demonstrated strong resale values — even in the short term. Long-term prospects may be even better. As always, you should consult with an investment advisor or your CPA before buying.

Beyond the intrinsic investment value, this is something you can really enjoy. A community of owners just like you. Who are passionate about cars or motorcycles. And who are planning to use the mezzanines in every unit to create leisure spaces with fiber-optic Internet connections and optional cable TV or personal offices where they’ll look forward to spending time with friends and associates — especially on race days or during Monterey Car Week. This just may become your home away from home.

Units Going Quickly

Construction is well underway, as you can see from our live cam, and units are selling fast. We expect owners to be able to move in before the end of the year. To learn more about Monterey Motorsport Park or contact suppliers of single-post lifts to check out how they can help you get more out of your space, reach out to our brokerage team:

• Josh Jones, Cushman & Wakefield, [email protected], (831) 647-2106
• Ryan Clark, Cushman & Wakefield, [email protected], (831) 755-1635
• Dennis Chambers, [email protected], (408) 605-6760

You can also contact Gordon McCall, who’s part of the development team and will be relocating his business — McCall Events — to the community upon build-out, at [email protected] or call (831) 372-9311. Or you can contact Ralph Borelli at [email protected] or call (408) 521-7117.

If you’re a collector or car enthusiast who has a physical disability, Monterey Motorsport Park is offering a selection of car-condo units designed to fully meet the requirements of the Americans with Disabilities Act (ADA).

Units 9B, 15C and 16C all offer the following accommodations:

• An ADA-compliant lift that enables you to easily reach the mezzanine, 13 feet above the garage floor in your two-story unit
• An accessible path of travel from your parking spot at the door into your unit
• An accessible path of travel as well from your unit to ADA-compliant restrooms located in both Buildings B and C within the four-building complex

Unit 9B features just under 1,000 sq. ft. of space — including the mezzanine — while units 15C and 16C provide a bit less than 1,100 sq. ft. of space. The convenient interior ADA-compliant lifts allow owners of all abilities to avoid the stairs and take full advantage of the mezzanine to create a personal office or a comfortable getaway retreat to relax in and watch TV. Fiber optic Internet connections provide a choice of high-speed plans and VoIP phone service, while cable TV options are also available.

One-of-a-Kind Car Community

Of course, the biggest benefit is that you’ll be part of this car-driven community, where you can meet and mingle with others who share your passion for car collecting or motorsports. Monterey Motorsport Park is an ideal place to gather on race weekends for competitions at nearby  WeatherTech Raceway Laguna Seca, during Monterey Car Week each August, or in fact, anytime you simply want to hang out with friends or business associates.

Units Going Quickly

Although construction has only been underway for a couple of months (check out our live cam here), approximately half of the units at Monterey Motorsport Park are already spoken for. And with only three ADA-compliant units remaining, if you have an interest in one of these, you’ll want to contact our brokerage team right away.

• Josh Jones, Cushman & Wakefield, [email protected], (831) 647-2106
• Ryan Clark, Cushman & Wakefield, [email protected], (831) 755-1635
• Dennis Chambers, [email protected], (408) 605-6760

You can also contact Gordon McCall, who’s part of the development team and will be relocating his business — McCall Events — to the community upon build-out, at [email protected] or call (831) 372-9311. Or you can contact Ralph Borelli at [email protected] or call (408) 521-7117.

Ryan Clark has joined the brokerage team marketing Monterey Motorsport Park’s luxury garage-condos at the unique car community complex adjacent to the Monterey airport.

After starting his commercial real estate career at a boutique brokerage based in the Monterey area, Ryan moved two years ago to Cushman & Wakefield, one of the nation’s largest commercial real estate services companies. Although hospitality is a specialty driven by the destination nature of the Monterey marketplace, Ryan has amassed broad experience — handling transactions in office, retail, industrial, and multi-family segments as well.

$25 Million in Escrow

Ryan currently has more than $25 million worth of deals in escrow — put together through his extensive market knowledge and the strong relationships he’s built within the Monterey Peninsula area. Buyers who are interested in purchasing a Monterey Motorsport Park garage-condo and then leasing the unit to an individual or business could benefit greatly from working with Ryan and leveraging his deep database of tenants, as well as Ryan’s ability to help negotiate leases on an owner’s behalf.

Equally important, because Ryan brings both a firm commitment to individualized client service that he developed from his time in the boutique brokerage world together with the powerful market resources and broad access of Cushman & Wakefield, clients get a high-quality experience every time.

And now, Ryan is delivering all that as he works with buyers interested in this one-of-a-kind, high-end community for car collectors or anyone who needs secure storage for valuable assets, or a place to run a small business, especially one in a car-related niche.

Construction Proceeding Even in our Wet Winter

Construction of the four-building, 90,000 sq. ft. complex is moving steadily ahead, even in the face of the wet weather we’ve been experiencing. Owner move-in remains comfortably scheduled for the last quarter of this year.

The stunning, multi-purpose design of the 86 units offers owners a spacious garage/shop environment on the ground floor, with additional space in a mezzanine that’s 13 feet overhead — accessible via an interior staircase. Most owners are planning to customize this space into either a luxury retreat — with TV, wet bar and more — or convert it into a personal office. The facility features fast fiber-optic Internet service options, cable TV connections, pro-active remote guarding security, EV charging stations, and more.

More Information

Check out the construction progress on our live cam. And find out more about these unique garage-condos from Ryan Clark, Dennis Chambers or Josh Jones. But don’t wait. Inventory is dwindling quickly!

• Josh Jones, Cushman & Wakefield, [email protected], (831) 647-2106
• Ryan Clark, Cushman & Wakefield, [email protected], (831) 755-1635
• Dennis Chambers, [email protected], (408) 605-6760

You can also contact Gordon McCall, who’s part of the development team and will be relocating his business — McCall Events — to the community upon build-out, at [email protected] or call (831) 372-9311. Or you can contact Ralph Borelli at [email protected] or call (408) 521-7117.

Wayne Rainey, 3-time Moto GP World Champ tells why he bought at the luxury destination for collectors and motorsports enthusiasts.

“I’ve been looking into commercial real estate here on the Monterey Peninsula for years, but haven’t found anything that suits all of my needs. That is until I discovered the new Monterey Motorsport Park development. Between the ideal location, along with the great layout where I can combine my business office with some shop space and room for my motorcycle collection and memorabilia too, becoming an owner was not a hard decision to make.”

– Wayne Rainey, Moto GP Champion

California native, Wayne Rainey, had an extraordinary career as a motorcycle racer, including seven years on the Moto Grand Prix circuit. He was crowned champion of the 500cc class in 1990, 1991 and 1992. Throughout his years on the circuit, Wayne had 24 wins and made the podium 65 times in just 95 starts.

Wayne is just one of many who have discovered Monterey Motorsport Park, a high-end garage-condo facility and motorsports-oriented community located adjacent to Monterey Regional Airport. With spacious mezzanines accessible via interior stairs or optional lifts for mobility-impaired individuals, the community is ideal for people to store collections, large or small, of cars or motorcycles — and create a luxury retreat or personal office in the lofty space overlooking the garage or shop floor.

Don’t Get Left at the Starting Line

Although you may have heard or read that construction just recently started, you can’t afford to be slow off the line. Concrete has been poured and steel is rising on the site. (See our live cam here.) More importantly, already approximately 50% of the units have been presold. So if you’re thinking about joining Wayne Rainey, Gordon McCall and the long list of interesting and like-minded collectors and motorsports enthusiasts, don’t wait!

For more information about this exciting, next-generation garage-condo storage facility and car-driven community, contact one of our brokers right away:

• Dennis Chambers, [email protected], (408) 605-6760
• Josh Jones, Cushman & Wakefield, [email protected], (831) 647-2106
• Ryan Clark, Cushman & Wakefield, [email protected], (831) 755-1635

You can also get in touch with Gordon McCall, who’s part of the development team and will be relocating his business — McCall Events — to the community upon build-out, at [email protected], (831) 372-9311.

Or you can contact Ralph Borelli at [email protected], (408) 521-7117.