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Graybill Ventures

Graybill3Graybill Ventures is approximately 4 acres of property located in San Diego, CA. The Property is the former site of a bulk oil storage facility owned by Unocal Corporation. The Company acquired the property with the backing of a financial institution and assumed responsibility for the remediation of the property and obtained an Environmental Liability Policy and a Remediation Stop Loss Policy that provides financial assurance and protection to current and future owners as well as tenants.

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The Company created value by managing the requisite environmental remediation, assisting in the development planning, and then selling the property to a commercial developer. Future development plans are for a multi-story retail/commercial development resulting in a vibrant new shopping area much needed in the expanding residential communities of Gas Lamp Quarter and East Village of downtown San Diego.

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