Land Development & Investment
Who We Are
AQ Partners is a joint venture between Skye Partners and The Cherrybrook Group — two experienced land development firms united by a shared vision of thoughtful, community-centered development.
We specialize in identifying, entitling, and developing residential and mixed-use properties across the Bay Area and beyond. Our approach combines deep market expertise, disciplined underwriting, and a commitment to creating places where people want to live.
From raw land to finished communities, we manage the full development cycle — navigating complex entitlements, forging civic relationships, and delivering projects of enduring quality.
About
Founded 2008 · Bay Area Land Development
Tom Quaglia founded The Cherrybrook Group, a privately held company, in 2008. With over 45 years of real estate development experience throughout the greater San Francisco Bay Area, The Cherrybrook Group is an active and relevant participant in some of the most cutting-edge infill developments in the area.
Tom's career has seen him lead the development and construction of millions of square feet of housing and mixed-use communities. He previously was a partner with The Riding Group land development company, where for 15 years he oversaw the identification of land opportunities, negotiated purchase agreements, developed land plans and product concepts, interacted regularly with governmental bodies, and presented to the public and elected officials. Tom also served as Director of Forward Planning for five years at A-M/Greystone Homes, and as a Senior Planner in the planning departments for the City of Pleasanton and the Tahoe Regional Planning Agency.
B.S. Environmental Planning and Management · University of California, DavisAbout
Parent company founded in 1997 · Value-Added Real Estate
Bob Allen founded Skye Partners to serve as a platform to invest his own capital. Skye is focused on using its network of operating partners to identify attractive investment opportunities.
Bob has over 35 years of experience in evaluating project opportunity, risk, and sponsor capability in the creation of value-added real estate. He is experienced in structuring transactions with an alignment of interests from inception through execution to realization.
He was co-founding CEO of a real estate fund management firm headquartered in Menlo Park. During his 20-year tenure, the firm raised over $275M of equity capital and invested in 93 projects valued at $1.2 billion. Projects included industrial, office, retail, residential, and land development across five Western states.
He also served as board member of Somersett Development Company, which developed 3,000 acres in Reno, Nevada into a $1 billion master planned community, and as Senior Investment Associate with Catalyst Technologies, a venture capital firm.
Bob also is a member of the Real Estate Board of the $12 B Silicon Valley Community Foundation.
B.S. Economics · Santa Clara University · CA Real Estate BrokerOur Work
Residential · Mountain View, CA
Silicon Valley · The Cherrybrook Group & Shea Homes
A ground zero location in the heart of Silicon Valley made this obsolete GTE Research Facility a natural for The Cherrybrook Group to rezone for residential uses. A five-home motorcourt product ranging in size from 1,375 to 2,025 square feet with three and four bedrooms was approved quickly by the City of Mountain View. The 120 small lot detached homes are built at a density of 11 units per acre. The Cherrybrook Group ventured with Shea Homes in the construction of the project.
Residential · Sunnyvale, CA
Sunnyvale, CA · Transit-Oriented Development
The Fair Oaks Transit Village provides community benefit through strategic access to the adjacent Highway 237/South Bay Freeway and the Light Rail VTA Station. This 1.8-acre site lies within Sunnyvale's industrial-to-residential reuse area, transitioning the community from former industrial sites to modern townhomes. Its walkable location to the Tasman light-rail station connects residents to Silicon Valley's major job centers.
Consisting of 47 units across 5 buildings, Fair Oaks Transit Village offers 2 and 3-bedroom units ranging from 890 to 1,220 square feet. Each unit includes a one-car garage and uncovered parking. Buildings feature common WiFi decks, drought-tolerant landscaping, dedicated bike storage, and onsite bio-swales for sustainable water management.
Residential · Redwood City, CA
Redwood City, CA · Waterfront Condominiums
Research and careful project planning and design made Regatta, located in the community of Redwood Shores, a huge sales success. Regatta buyers want carefree luxury close to their place of employment. Home sizes ranging from 1,400 to 2,000 square feet are larger than competing townhome-style condominiums in the area.
Care was taken to make each plan feel spacious and dramatic, with extra interior features like seventeen-foot ceilings, luminous glass block walls, and panoramic windows. This site-specific architectural character allowed the townhomes to maximize inside/outside interaction with the waterfront property.
Master Planned Community · Reno, NV
Reno, Nevada · Co-Founder & Board Member — Bob Allen
Somersett is a master planned community spanning over 3,000 acres and now containing 3,700 homes. $395 million was spent to create the infrastructure and amenities for what stands as one of the finest communities in Northern Nevada today.
The multi-billion dollar, award-winning community includes 18 holes of private golf, a nine-hole HOA golf course, two 25,000 sq. ft. community clubhouses, two full parks, nine pocket parks, 1,200 acres of open space, and 27 miles of trails. Somersett continues to be one of the most sought-after communities with some of the highest home values in Northern Nevada.
Land Acquisition · Reno, NV
North Reno, Nevada · Land Development
Acquisition of 344 lots in North Reno, Nevada and ultimate sale to a national homebuilder.
Portfolio