ROHNERT PARK, Calif., March 28, 2018 /PRNewswire/ -- SOMO Living, LLC today announced a formal separation from its former parent company, Codding Enterprises.
SOMO Living, LLC (SOMO) is an investment holding company that owns and operates SOMO Village Commercial, LLC, SOMO Land Company, LLC, SOMO Construction, Inc., and SOMO Management, LLC, which are involved in real estate development, property management and construction. In addition, SOMO has made equity investments in the natural foods industry, technology and alternative energy that are run by third party management teams.
Brad Baker oversees and manages the company's investment holdings as well as the individual companies, with Connie Codding sharing ownership. "The reorganization allows us to focus on developing innovative built environments and enhancing our culture of fostering high quality live-work communities," said Brad Baker, CEO. "At this time, it's also very important to recognize our legacy and thank our families and employees, as well as Codding Enterprises for their dedication and rich history of serving our community."
SOMO's largest holding is SOMO Village, located on 200-acres in Rohnert Park, California. The vision of SOMO Village is to be a leading example of a thriving community in Sonoma County and the United States. The mixed-use community is reusing 600,000 square feet of existing buildings and has plans for 1721 residential units. The commercial community currently enjoys a 97% occupancy rate. It most recently welcomed Keysight Technologies after the devastating October 2017 Northern California Wildfires affected their Santa Rosa campus.
"I'm absolutely delighted with the reorganization," Connie Codding said. "This is a great opportunity for my granddaughters Lisa and Lois Codding, as well as my son Brad Baker. My late husband, Hugh, would be delighted with their work to continue his legacy."
About SOMO Village
SOMO Village is different. A home and work lifestyle focused on health, happiness and high quality living. The community is being developed consistent with One Planet Living Principles and has been certified at the highest Platinum level by the U.S. Green Building Council's Leadership for Energy and Environmental Design for Neighborhood Development (LEED-ND). Located in Rohnert Park, California. More at: http://www.somovillage.com
FOR INFORMATION CONTACT
Brad Baker, CEO
SOURCE SOMO Village