Randy Garciga

President
Brief info

Entrepreneur with over 1.6 Million square feet of retail centers.

Randy Garciga President of Garciga Properties

Randy Garciga at age 16 launched his first company Cobra Power in 1979. A High-Performance Marine Engine company located in North Miami, Florida. The success of this company allowed him to diversify into commercial real estate as a vehicle to fast track his wealth. In 1991 during the recession Randy took a bold move and purchased his first shopping center for $2MM in Fort Lauderdale. The property was a 73,000 sf new incomplete retail center that he later finished and sold off for $10.5MM.

In 2009 and in another recession, Randy saw another opportunity. He bought a construction company in New Jersey on a 3-acre parcel of land for $2.6MM. He worked with the city and got it approved for a four story 220 unit apartment building and later sold the land for $14.5MM.

Randy continued growing his real estate portfolio Garciga Properties throughout the years with retail centers. He currently owns over 1.6 million square feet of retail centers in 9 states (NY, TN, IN, WI, MO, MS, IL, FL and SC) with a goal of a center in every state.