Developco executes commercial real estate development projects for Investor or User clients. We help our Investor clients convert their undeveloped land or underperforming office, industrial or retail building into a higher income producing asset. For our User clients, we perform “Build-to-Suit” projects to “suit” the unique and specific needs for you the building user. We will lead you through an A to Z process to develop a new building whether you desire to lease or to own.
There are many reasons to endure the process of renovating an existing building or developing a new building for your business today.
- A new facility can increase business productivity, morale and ignite a new direction for your company.
- The lease payments that your business pays each month funds the debt service which eventually results in a paid off loan and an asset free and clear for you and your family.
- Pride of occupying your own building makes a powerful statement to prospective clients and peers alike.
The process starts with understanding our client’s goals. Developco then offer specific real estate concepts and financial models for consideration. Once a project solution takes shape, Advisors assumes the overall responsibility for executing the project.
Commercial development is much more art than science. It involves coalescing different stakeholders toward one goal—your new facility vision. With often competing personalities and agendas, a developer must unite interpersonal skills with political savvy and sometimes hard-headedness. The long development process requires, at a minimum, exceptional organizational skills, project management skills and a dogged commitment to the budget and schedule.