A co-founder and partner of CORE Ventures, Mr. Myers is also the president and founder of Nuquest Ventures, LLC. Mr. Myers oversees Nuquest’s investments, real estate development activities, and asset advisory services with a focus on the repositioning of underutilized real estate assets and the successful engagement of the public/private partnership.
Nuquest (in association with Griffin Holdings) served as the advisor and partner of Hanson Aggregates, PLC on their surplus aggregate mining properties in California and Nevada. Ventures included eight properties totaling over 1,500 acres with 5,500 residential lots and 3Msf of commercial entitlement. Three properties are in the Bay Area in the communities of Pleasanton, Cupertino and Santa Cruz, while three properties are in San Diego County, one in Orange County and one in Henderson, Nevada. The property in Henderson, Nevada included the formation of a new redevelopment territory, negotiation of an OPA and a financing structure combining a Local Improvement District Bond with a tax increment financing.
Brian Myers (in association with Griffin Holdings) served as the development advisors to the City of Irvine in its successful negotiations with the Department of the Navy over the re-use and sale of the 4,600-acre MCAS El Toro. The surplus property sold at auction for $650M to Lennar Communities with 1,200 acres and over $600M of additional capital funds dedicated to the City of Irvine for the development of the Orange County Great Park. This unique partnership included real estate value and exchange of capital totaling over $2B and was negotiated, in good faith, over a 3-year period with the Navy with no binding contracts. The team also led the formation of a redevelopment plan and territory that will eventually capitalize over $800M in public improvements for the former Marine base development.
Mr. Myers is also engaged in several surplus property transactions as an advisor, representative and development partner. Current projects include properties in Ventura, Laguna Niguel, Irvine, Lake Forest, and Big Bear Lake, California.
Mr. Myers has negotiated on behalf of public agencies in the cities of Anaheim, Orange, Santa Ana, Irvine, Lake Forest and Long Beach. Redevelopment experience includes a restoration of an historic office building in Santa Ana with the Santa Ana RDA, formation of a territory and redevelopment strategy in the City of Irvine, formation of a territory and negotiation of an OPA with financing agreement in the City of Henderson, Nevada and advisory contract with the RDAs in the cities of Anaheim, Orange, Santa Ana, Long Beach and Irvine, California.
A graduate of Stanford University in Economics, Mr. Myers has an extensive history in the real estate industry with 20 years of experience. Over the past two decades, Mr. Myers has provided real estate advisory and entitlement services to many government agencies and corporations across the western region of the country. Mr. Myers has also developed real estate in the states of California and Nevada including commercial, residential and land development projects. Mr. Myers has directed the entitlement and/or developed master planned communities and urban infill projects with over 30,000 residential lots, 25M square feet of commercial/office/retail and public facilities such as professional sports stadiums, city halls, community centers and large-scale parks. This balance has provided Mr. Myers with insights into the success of a real estate project from conception to completion from the public and private perspective.
Mr. Myers is a frequent speaker on the topic of structuring public/private partnerships and has recently been featured as a guest speaker for ULI, NAID, NAIOP, ICSC, CAL-CMA, ICSC and CoreNET.