GREG MERAGE
CEO
MIG REAL ESTATE
WHY: Nephew of Paul Merage, who sold Hot Pockets for about $2.6B, leads MIG’s operational and investment activities. Helped grow the Newport Beach-based real estate company’s portfolio in the Sunbelt and Western United States. MIG Real Estate currently owns and operates more than 6.7K multifamily units, over 4M SF of industrial/flex, office/medical office and grocery-anchored shopping center uses, and nearly 1.1K hotel keys.
IN THE NEWS: MIG Real Estate sold a two-building office campus with nearly 50K SF of space in San Diego for $11M. The building was nearly fully occupied at the time of the sale.
NOTABLE: MIG’s real estate holdings in Orange County are Avila in Newport Beach and Newport Palms, both multifamily properties. The company’s portfolio also includes properties in Arizona, Colorado, Hawaii, Nevada, Texas, Utah, Washington and Wyoming.
