Company

About ICO Group of companies

ICO Group of Companies is a real estate development company founded in 1994 by Managing Partner, Alexander Moradi.  The company was initially formed as the comprehensive support and commercial development arm of ICO Investment Group, Inc. and affiliated entities, operating since 1966.  Today, ICO is a premier real estate development and management company, with a portfolio containing over 4,000,000 square feet of commercial, retail and industrial properties owned and managed in Southern California, Nevada, and Missouri, as well as two major multi-family residential communities housing over 700 apartment homes in Los Angeles and Denver.

Headquartered in Downtown Los Angeles, California, ICO has a history of long-term, well-established relationships with its commercial tenants, including many prestigious government agencies, thanks to exceptional service and the ability to accommodate specific (and often unique) tenant space requirements. ICO’s properties include Class A and B office buildings, shopping centers, Research and Development Buildings and industrial parks, medical office buildings and master-planned single family and major multi-family residential communities.

Since 1994, ICO has successfully implemented complex development projects involving both “from the ground up” construction and substantial renovation programs. In 2005 we completed our $60 million dollar adaptive reuse rehabilitation of a Downtown Los Angeles landmark. The 500,000-square-foot, historic 1905 Pacific Electric Building was converted into 314 loft apartments, and ICO received numerous private and public sector awards for the project. In September 2007, ICO achieved substantial completion of the 220,000-square-foot Los Angeles County Administration Building in South Los Angeles, within a tight, 24-month schedule (including both design and construction) and a $107 million budget.

While ICO continues to actively pursue real estate development and investment opportunities of all types, our strategic focus is on (1) “value add” commercial and multi-family projects; (2) providing Class A office and related facility space on a design/build public partnership basis for government agencies of all kinds, with a particular emphasis on county and state government facilities; and (3) adaptive reuse of significant historic properties. The firm’s professional team is especially experienced in the development of office space for tenants of all kinds. Collectively, ICO’s staff has over 130 years of successful commercial development implementation experience, including both "from the ground up" construction and renovation projects throughout Southern California and the US.