NATIONWIDE CAPABILITIES
Headquartered in Austin, Texas, the company has successfully completed projects in multiple markets, both large and small, across twelve different states. Past developments include general office, office showroom, bulk warehouse, heavy industrial warehouse, multi-tenant retail, office and medical office. Although the company has broad development experience, it specializes in single-tenant NNN leased retail, office and medical office real estate.
ACCESS TO CAPITAL
Commerce Companies funds most acquisitions and developments through a combination of debt from longstanding banking sources and equity capital from company principals. Larger projects are funded through joint ventures with institutional sources where Commerce has nurtured long-term relationships. The company has well established relationships with its financing sources - some of which span decades.
Commerce Companies develops and either holds properties in portfolio or sells them in the investor market in a seamless process that allows it to serve as an endless supply of capital for retail clients who wish to expand their brands. As an example of this concept, Commerce has built or acquired over 65 stores for Jiffy Lube in multiple markets throughout the country. Our commitment to getting the details right has made us a reliable and consistent part of the real estate solution for many of this country's top corporate clients.
DEVELOPMENT SERVICES
- Site Selection
- Due Diligence
- Budgeting and Planning
- Entitlements / Permitting
- Design
- Value Engineering
- Construction Bids
- Lease and Contract Negotiation
- Supervision of Construction
- Financing
- Property Management