Development Capabilities

Development Services

The development and repositioning of commercial buildings requires the most diverse set of skills in the real estate industry.  Parmenter Realty Partners’ team has significant experience and deep relationships with architects, engineers, and consultants with the skills necessary to execute at the highest level overcoming obstacles that arise during the development process.

Parmenter Realty Partners’ emphasis on the objectives of their partners and the needs of the end-users at every stage of the process ensures that the ultimate goals are achieved while relieving their partners from the demands and constant oversight required for successful development management.

Parmenter Realty Partners offers the following development services:

• Site Selection and Due Diligence
• Development Team Assembly and Oversight
• Securing Project Financing
• Turnkey Project Management

Custom Management Services

Parmenter Realty Partners provides effective oversight of construction management on a variety of projects including initial tenant build-outs, major capital projects, energy management and conservation, and service support within new or existing space. The in-house team diligently and professionally manages project budgets and schedules regardless of size.

To ensure the long-term value preservation of commercial real estate assets requires periodic review of both form and function. Parmenter Realty Partners’ development and construction expertise provides the capabilities and resources to advise our partners. Each property’s Asset Manager, Property Manager, and Chief Engineer are focused on value enhancement through all construction projects through a focus on budgets, schedules, and quality labor and materials.

As a construction manager, Parmenter Realty Partners’ team excels at both traditional contracting and fast-track design-build. Detailed project preparation starts with clear communication with the design team and end-user, creative design with a focus on budget objectives, careful plan review, thorough vetting of contractor pricing, and careful contract preparation. The construction management team matches appropriate vendors with each project. Through careful preparation, technical skill, pre-construction know-how, and performance capability, our team is able to anticipate project challenges and develop solutions that meet clients’ objectives.

Parmenter Realty Partners offers the following construction management services:

• Pre-Construction Coordination
• Construction Bidding
• Contract Preparation and Negotiation
• Project Management
• Tenant Improvement Oversight through Close-Out