Scott Ruegg
Get their honest, personalized take on your startup.
Sign in to pitch Scott →At a glance
- Full Name
- D. Scott Ruegg
- Title
- Founder and Principal
- Firm
- Skyline Pacific Properties, LLC
- Firm Type
- Private entrepreneurial real estate investment firm
- Investment Stage
- Real estate acquisitions, sale-leasebacks, development opportunities, and joint venture projects; verified sources do not support the stub’s “Seed Round” label
- Check Size
- Transactions “of all sizes”
- Target Company Profile
- Companies, franchisees, private equity sponsors, investment bankers, CFOs, and management teams with significant real estate assets or need for real estate-linked liquidity/growth capital
- Sector Focus
- Single-tenant net leased properties; retail, office, industrial, restaurants, gas/convenience stores, drug stores, bank branches, grocery, apartments, manufactured housing, hotels, and mixed-use properties
- Geographic Focus
- United States
- Location
- San Francisco, California
Background
D. Scott Ruegg co-founded Skyline Pacific Properties, LLC, a San Francisco-based real estate investment firm formed in 1993. Skyline says it has purchased more than 2,500 commercial properties and closed more than $7 billion in transactions since formation, and currently owns about 300 commercial properties valued at more than $500 million.
At Skyline, Ruegg oversees accounting, property management, and personnel functions. The firm describes itself as having in-house accounting, development, property management, investment management, construction, and legal capabilities.
Before co-founding Skyline, Ruegg was a principal at Rue-Ell Enterprises, Inc., where he directed corporate operations and managed a portfolio of retail and office properties. He is also a licensed real estate broker and has been involved in the acquisition, management, and disposition of more than $6 billion of commercial and residential real estate.
Ruegg is a graduate of the University of Colorado at Boulder.
Investment Thesis & Focus
- Skyline Pacific’s core focus is real estate transactions with a single-tenant net lease component, including single assets, portfolios, sale-leasebacks, development opportunities, and joint ventures.
- The firm says it is “actively seeking investment opportunities in single tenant net leased properties, apartments and manufactured housing.”
- Skyline states it can close quickly, including transactions involving stabilized assets as well as properties requiring repositioning or redevelopment.
- The firm has decades of experience in sale-leaseback portfolios across gas stations, car washes, restaurants, banks, drug stores, office properties, and industrial properties.
- For private equity sponsors, Skyline can buy or commit to buy real estate assets at any stage of a business transaction, with the goal of improving returns through sale-leaseback financing or purchase of excess real estate.
- For franchisees and business owners, Skyline positions itself as a provider of growth capital and liquidity by building or buying new stores/facilities and monetizing existing real estate.
Notable Investments
- Church’s Chicken: Sale-leaseback covering 335 restaurant properties nationwide, with new long-term leases executed at closing.
- Applebee’s: June 2008 sale-leaseback covering 181 restaurant properties across 20 states.
- Couche-Tard / Circle K: September 2004 sale-leaseback involving 202 Circle K service stations across 19 states.
- CVS: $244 million sale-leaseback involving 53 CVS drug store properties across multiple states.
- Tesoro: Portfolio transaction involving 30 service stations in Utah, Alaska, and Hawaii, reportedly closed in fewer than 30 days.
- United Oil: Acquisition with joint-venture partners of a Southern California business including approximately 130 gas station properties, retail gas operations, wholesale fuel, and fuel transportation.
- JPMorgan Chase bank properties: Purchase of 77 bank properties, with vacant sites re-tenanted, sold to second-generation users, or entitled for mixed-use development.
- Fresh & Easy: Acquisition with joint-venture partners of an approximately 680,000-square-foot grocery distribution center, 14 leased retail grocery stores, and about 35 vacant former Fresh & Easy sites in California, Arizona, and Nevada.
- 221 Pine Street: Office building in San Francisco’s Financial District, acquired in 2005 and operated as a multi-tenant office/retail property.
- Hotel Rex: Skyline and Joie De Vivre acquired the 153-room San Francisco hotel; Skyline later sold the property in 2012.
Unlock the full research
Get how to approach them, recent activity, sources, contact links — plus pitch their AI twin for a candid read on your raise.
One-time. Stays unlocked for you.