Commercial Real Estate Advisor | Development Consulting & Investment Sales
Mac Bauer, CCIM is an Associate on the Brokerage Team at illi Commercial Real Estate, advising owners, developers, investors, and healthcare users across Los Angeles and the San Fernando Valley on development, acquisitions, dispositions, and NNN leasing. He brings 22+ years of commercial real estate experience spanning brokerage, development, investment, and property management, including 14 years as Director of Development at Stirling Properties in New Orleans, where he led 19 healthcare and medical real estate assignments for institutional clients.
Having developed and operated multiple asset types and negotiated leases and sales from both sides of the table, Mac gives clients strategic, realistic, and candid counsel grounded in how a property will actually perform over its full lifecycle.
Of Commercial Real Estate Experience
Of Improvements Developed or Acquired Across 192+ Acres
In Total Project Costs Managed or Closed
Of Investment-Grade Guaranteed Lease Term Negotiated
Ground-up, repurposing, and retrofit strategies that turn raw land, surface lots, or existing office, industrial, and retail buildings into hospitality, healthcare, industrial, office, and retail assets.
Site selection, development, and leasing counsel for health systems, medical users, and institutional owners, informed by 19 medical real estate assignments.
Sourcing and closing listed, off-market, bankruptcy, auction, and REO opportunities across land, medical, retail, industrial, and investment properties.
Negotiating and executing long-term triple-net leases with investment-grade tenants, representing both landlords and tenants.
Lease negotiation with local and national retail tenants, drawing on direct experience with brands such as Academy, Aldi, and OrangeTheory Fitness.
Master planning, lease and debt restructuring, market mapping, and identifying core assets along with opportunities to consolidate or repurpose existing real estate.
Mac advises developers, investors, institutional clients, and medical users throughout Los Angeles County and the San Fernando Valley, with additional experience in the New Orleans market, including:
Start with the end use and work backward: patient access, parking, zoning and entitlement timelines, and whether an existing office or retail building can be retrofitted faster and cheaper than ground-up construction. Mac has led 19 medical real estate assignments for institutional healthcare clients, so he evaluates each site against both the development budget and how the facility will operate for decades afterward.
In a triple-net (NNN) lease the tenant pays property taxes, insurance, and maintenance on top of base rent, which gives the landlord predictable net income. When that tenant carries investment-grade credit, the guaranteed lease term becomes a financeable, saleable asset. Mac has negotiated or executed more than $269 million of guaranteed, investment-grade lease term, representing both landlords and tenants.
It comes down to a candid comparison of highest-and-best use, the capital required to get there, and what the market will pay today for the asset as-is. Mac analyzes each option from both an operational and an investment standpoint and gives owners a realistic recommendation, including when the right answer is to sell rather than build.
Commercial Real Estate Advisor | Development Consulting & Investment Sales