Looking up at the two Watt Plaza Towers in Century City, CA

Live. Work. Grow.

Watt Plaza | Class-A Office | Century City, CA

A diversified real estate company

Our partners rely on us as a full-service solution. Our platform includes, homebuilding, commercial development, asset management and the sponsorship of capital investments, all here to ensure a seamless, consistent and reliable experience.

  • 50

    Shopping
    Centers

  • 3

    First-class
    Hotel

  • 16K

    Multifamily
    Units

  • 6

    Master-planned
    Communities

  • 100K

    Family
    Homes

  • 8M

    SF of Office &
    Industrial Space

Two story modern office building with cool gray exterior Water fountain outside of Watt Plaza Modern looking home Woman shopping at farmers market Ralphs grocery store Modern looking office building with blue windows Bed and night stand

Developing opportunity

At Watt Companies, every project offers a chance to change lives when we build a new, exceptional place to live, work, and grow. Through creativity, collaboration, and a legacy of world-class real estate services, we identify opportunities that will make valuable additions to our communities, recognizing opportunity where others may not.

As we develop properties, we also build strong relationships, actively adapting to the needs of our partners, tenants, employees and investors. As a result, our reputation as one of the nation’s premier real estate companies has only grown over time.

Guiding Principles

Young dad smiling and high-fiving young son while mom watches and smiles

Proudly and passionately working together to build a better quality of life

House

Building up the community and people we serve

Watt Companies team reviewing blueprints

Excited by the unique challenges
 and solutions in each project

A variety of people walking through an intersection from different directions

We want everyone involved, from shareholders to community members, to have a voice in each development

Leadership

Dedicated to bridging our company’s legacy for integrity, trust, and quality with the demands of our evolving and modern market.

J. Scott Watt, Watt Companies

J. Scott Watt

CEO, Board Member & Chairman

310.314.2430
https://www.linkedin.com/company/watt-companies/

After joining Watt in 1976 as Senior Vice President of Forward Planning, Scott Watt is now the company’s Chairman. Prior to joining, Scott founded and led Scottfield Building Corporation, a company that built more than 1,000 residential units and a shopping center during its six year history. During his time as SVP of Forward Planning, Scott completed $50 million in office buildings, shopping centers and industrial building development. In 1986, he became President of W & B Builders, parent to several Watt subsidiaries. Under his leadership, the division completed over a million square feet of commercial and industrial properties during a three year span. From 1998 to 2006, Scott was a partner in the award-winning John Laing Homes, a company that built more than 3,000 houses per year and generated over $1.1 billion in revenue. Scott took over as Chairman of Watt Companies in 2009 and has successfully engineered the transition from Founder to 2nd generation.  Watt Companies has grown from revenues of $117,000,000 in 2009 to $174,000,000 in 2014.  Scott is a graduate of the University of Southern California and holds a Master’s Degree in Education, with an emphasis in counseling, from the University of Miami. Scott is, or has served as, a Board Member for the Greater Los Angeles Zoo Association, Union Rescue Mission, Chairman for Christian Associates Los Angeles, and the Board of Brentwood School. He was a chapter chairman of the Santa Monica Bay Chapter of the Y.P.O., a member of the Development Committee at the Los Angeles County Museum of Art, and a member of Pepperdine Associates, Malibu. He is currently a member of the University of Southern California (USC) Associates Board of Directors, the USC Lusk Center for Real Estate Executive Committee, the USC School of Business Advisory Board and a member of the USC Alumni Executive Board of Governors. Scott is also an Elder at Bel-Air Presbyterian Church.

Nadine Watt, Watt Companies

Nadine Watt

President & Board Member

(310) 314-2430
https://www.linkedin.com/company/watt-companies

Nadine Watt is President of Watt Companies, where she oversees all commercial investment activities including acquisitions, development, and asset management for the company’s 6 million square-foot portfolio of multifamily, industrial, office, and retail properties.

In 2011, Nadine led a strategic reorganization of Watt Companies that moved the firm beyond traditional property management and leasing to a focus on acquisitions and real estate development, as well as entrepreneurial joint venture opportunities. Later that year, she was instrumental in launching a new acquisition division – Watt Investment Partners – that is actively investing $60 million of debt and equity in a variety of property types across the Western United States.

Throughout her 17-year tenure at Watt Companies, Nadine has played significant roles in nearly all facets of the company’s operations. She has developed hundreds of apartment units and multiple shopping centers. Nadine was also responsible for a multi-million dollar renovation program at Watt Plaza, a 920,000 square foot, Class-A office building in Century City, that was instrumental in securing the building’s Platinum LEED certification in 2013 and a TOBY award in 2011. She also oversees Watt Companies’ oil and gas operations.

An active business and community leader, Nadine is a member of the USC Board of Governors and the Marshall School of Business Board of Leaders, as well as the Lusk Center for Real Estate and the USC Associates.  She is also on the Boards of Brentwood School, and The New Home Company. She is the first female Chair for the Los Angeles Business Council and also serves on the executive committee for the Los Angeles Real Estate and Construction Council for the City of Hope. A graduate of Georgetown University School of Foreign Service, Nadine also holds a Master of Arts degree from the School of Cinematic Arts at the University of Southern California.

Nadine currently resides in Beverly Hills with her husband Andrew Jameson and their two daughters, Keira and Reese Jameson.

Audra Arbini, Watt Companies

Audra Arbini

Board Member

310.314.2430
https://www.linkedin.com/company/watt-companies

Audra Arbini serves as a Board Member for Watt Companies, providing special oversight for the company’s multifamily and Section 8 housing portfolio. Previously, as Senior Asset Manager, she directed the company’s entire portfolio of residential and commercial properties.

For more than 15 years, Audra has served as an integral part of the Watt Companies team. Involved with accounting, payroll and human resources in her early years, Audra was selected to serve as a founding member for a new business venture, Agua Dulce Vineyards. Next, she transferred into the company’s Residential Management Division to oversee the company’s 2000+ unit residential portfolio.

Most recently, as Senior Asset Manager, Audra oversaw many of the company’s development and redevelopment projects, serving as the owner’s representative throughout the planning and construction process. One of her most significant accomplishments was the redevelopment of the 150,000 square-foot Edinger Plaza Shopping Center in Huntington Beach, California.

Audra is deeply involved in community organizations, reflected in her recent appointment as a Board Member of the YWCA of Santa Monica, as well as her leadership in several non-profit organizations including Union Rescue Mission, Hope Gardens, Help the Children and Casa Pacifica. She is also committed to humanitarian assistance and has supported the work of orphanages overseas, including the BMA Orphanage in Ghana and the Lake Albert Orphan School in the Democratic Republic of Congo.

Audra received her Bachelor of Arts from Loyola Marymount University. A third generation member of the Watt Companies family, she currently resides in Southern California with her husband and son.

R. Sally Oxley, Board Member, Watt Companies

R. Sally Oxley

Board Member

Sally Oxley is a Board Member of Watt Companies. In this role, she draws on her many years of experience to provide guidance, insight and direction to the company.  Sally’s career at Watt began at the age of thirteen when she started doing filing and acting as the office assistant. Over the years, she has maintained her service to the company in numerous capacities. Sally is extremely committed to carrying on her father’s legacy by creating a sense of family among every single employee at Watt Companies.

In addition to her work with Watt, Sally is currently a member of many associations including Trojan Club of San Diego, Trojan League Associates of San Diego, Town and Gown Associates, USC Alumni Association, USC Associates, San Diego Crew Classic Stewards, Fairbanks Republican Women’s Federation and San Diego Kid’s Aid.

Jim Maginn, Watt Companies

Jim Maginn

Managing Partner & Board Member

310.314.2497
https://www.linkedin.com/in/jim-maginn/

Jim Maginn joined Watt in 1986 as Senior Vice President/Chief Financial Officer. In this position, he was responsible for all of the development, permanent, and mortgage financing related to residential and commercial operations.

In the early nineties he assumed the position of President of Watt Companies where he worked on restructuring the organization which included selling one residential subsidiary to Beazer Homes which subsequently went public and forming a joint venture with Goldman Sachs with another residential subsidiary. This JV eventually evolved into John Laing Homes which built over 3,000 homes per year and generated over $1.1 billion in revenue. Mr. Maginn was a member of the John Laing Board of Directors until the company was sold in June 2006.

In 2003, he established a joint venture with Australia’s Centro Properties Group known as Centro Watt, which sought to build a significant national shopping center ownership and management platform in the United States. During the next four years, the venture acquired over 700 retail centers, with more than 155 million square feet, with properties located in 38 states and a total asset value in excess of $11.0 billion. After reaching the shared objective of building a strong U.S. retail platform, Watt successfully exited the JV as planned. Mr. Maginn was also President/CEO of Centro Watt. In 2010, Mr. Maginn stepped down as President/CEO of Watt and Nadine Watt assumed his responsibilities. He and an associate started a division which focuses on investing directly in commercial and residential ground up and redevelopment projects.

Before coming to Watt, he was Manager of Corporate Banking for California First Bank (Union Bank), a wholly owned subsidiary of the Bank of Tokyo/Mitsubishi Group. In this position, he was also responsible for the U.S. business in the Far East and spent three years in Tokyo.

He received his B.S. from the U.S. Naval Academy and MBA from UCLA. He is on the Board of Governors for ULI, treasurer / board member of the National Tuberous Sclerosis Alliance and a member of both ICSC and the California Business Property Association. He spent 20 years in the Navy, both active duty and reserves. He retired as a Navy captain.

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Black and white photo of Ray Watt, founder of Watt Companies, sitting on a tractor with associates

Through the Years

Watt Companies was founded in 1947 by Ray Watt, as a home builder for troops returning home from the war. Since then, we have expanded our capabilities and grown into one of the nation’s largest owners, developers and managers of real estate on the West Coast.

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