SIMA Corporation, founded in 1984, has grown steadily and prudently into a multifaceted enterprise that is skilled in the execution of real estate acquisition strategy. The SIMA family of companies consists of SIMA Corporation (real estate acquisitions), SIMA Management Corporation (asset management, property management, and leasing), and West Coast Athletic Clubs, Inc. (High End Fitness Clubs), which combined employs approximately 300 valued team members.
SIMA has a strong reputation in the industry for efficient and timely closings on transactions. SIMA has steadily grown its portfolio of holdings, which currently has approximately $500 million worth of assets. Our holdings include commercial, retail, residential, hospitality, and mixed-use properties in California, Oregon, Utah, Georgia, Tennessee, Alabama, and Florida. The portfolio encompasses approximately 4.5 million square feet, which includes approximately 3,110 apartment units and hotel rooms.
SIMA is rapidly expanding into the fast-growing health club and fitness industry. Under the company name of West Coast Athletic Clubs Inc., it operates three marquee full-service lifestyle clubs in California and Utah: Santa Barbara Athletic Club, Cathedral Oaks Athletic Club and the Ogden Athletic Club.
As a full-service real estate firm, SIMA provides comprehensive acquisition strategies and management services under one roof. From identifying and analyzing the opportunity to pursuing value through strategic property management, financing, and/or redevelopment, the team at SIMA handles the entire process in-house for maximum responsiveness and profitability.
Our ability to succeed is rooted in a management team committed to the quality of our operations, a dedicated workforce, a sound financial base, and a clearly defined approach pursuing opportunities that are synergistic with our strategy. SIMA has the resources and determination to attain its goals of providing long-term growth and profitability.