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Development & Construction

Development & Construction

Real Estate Property Construction and Development

Broad Reach manages all aspects of development, construction, build-out, and redevelopment of shopping centers. Our approach to construction stresses the importance of value engineering. Broad Reach seeks to maximize the potential of each dollar spent.

We deliver a wide range of real estate services to clients throughout Maryland and Texas, including property management, construction services, and real estate development. We create inviting, dynamic spaces that respond to the need for purpose, functionality, and inspiration in communities.

Broad Reach Retail Partners guides investors, landlords, and potential tenants through property acquisitions and dispositions in every phase of the real estate cycle. With far-reaching experience in commercial real estate development and construction, we create lasting value for our properties, people, and partners.

We can fix inefficiencies and broken shopping centers within the retail real estate industry through our focused real estate management, leasing, and disciplined buying strategy. The Broad Reach Brokerage team helps landlords and business owners maximize profitability while solving leasing needs. We do this by leveraging our combined experience of over 130 years in the industry and gainful nationwide relationships.

Our Construction Process

Broad Reach Retail Partners streamlines the design and construction of complex construction projects from initiation to completion, ensuring an on-budget, successful outcome for all involved. The beginning stages of commercial real estate development require a significant amount of analysis and research to determine if a proposed development is feasible. The Broad Reach management team understands a successful retail site must accommodate the consumer, satisfy lending conditions and regulatory requirements, fulfill tenant requirements, and meet market demand. 

Led by a group of retail real estate veterans and an experienced management team, Broad Reach strives to change the course of retail shopping centers by adding value to all involved.

We analyze design, building features, systems, equipment, and material selections to ensure all essential functions are achieved with required performance, quality, reliability, and safety. Our team of experts actively manages the construction bidding process, selecting not necessarily the lowest bid, but the best group to get the job done right.

Our team of shopping center and commercial real estate developers oversee construction and signage plan submissions, ensuring tenants provide adequate insurance for their contractors and obtain proper permits for their work.

Let our team of experts manage the construction process for you, including:

  • Design modifications  value engineering
  • Entitlements
  • All communication and coordination with third-party vendors (i.e. civil engineers, architects, surveyors, contractors, etc.)
  • Coordination of any tenant relocation needs
  • Construction bidding  value engineering
  • Finance administration (loan draws and AIA contract administration)
  • Reporting
  • Delivery (understanding lease obligations) and turnover

Contact Our Development & Construction Team

We Create Value in Communities

At Broad Reach, we are experts at changing the course of retail shopping centers to add value for all involved. We strive to improve Properties to serve our Partners and the People who live in each community.

Contact us today if you want to learn more about our investment opportunities, are interested in purchasing a property, or have a property for sale.

Contact Our Development & Construction Team

Mike Castellitto Headshot
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Mike Castellitto

Partner & Chief Operating Officer

: 443.629.5030

Eric Penney Headshot
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Eric Penney

Director of Development & Redevelopment

: 443-808-1275

woman and man grocery shopping

We Create Value in Communities

At Broad Reach, we are experts at changing the course of retail shopping centers to add value for all involved. We strive to improve Properties to serve our Partners and the People who live in each community.

Contact Us Today