Real Estate Development
Whether you're a developer looking for a best-in-class contractor or an owner looking to finance a project, Messer can help. We are experienced and active in real estate development through partnerships with developers and institutional investors. We understand and appreciate the risk involved and the expertise required in development pursuits.
Construction and development expertise
Messer invests in projects through Messer Development Company, LLC (MDC) and has participated on projects ranging in size from $7M to more than $100M across segments including mixed-use, office, multi-family, student housing, industrial, structured parking and health care. Examples include the following projects. For more information, contact Brian Doyle, Vice President, Finance and Investment or Brenden Zenni, Development Executive, Finance and Investment.
Duveneck Square Apartments
Two, four-story buildings include 110 residential units, fitness center, amenity space and retail space. Utilized local financing incentives.
NexTek
73,000 sf spec industrial project designed to accommodate an advanced manufacturing company. Utilized traditional bank debt and worked with local municipalities and government agencies to find creative solutions to grow manufacturing jobs.
Digital Futures I
Six-story, mixed-use development with 180,000 sf of state-of-the-art office, retail, residential space and a parking garage. Complex capital stack utilized New Market Tax Credits, Tax Increment Financing and multiple construction loans.
Developers partner with Messer for:
- Best-in-class construction services including preconstruction, target value design, value engineering and design-build expertise.
- Lean construction techniques to finish projects on schedule.
- Effective change and cost management to deliver projects on budget.
- Equity invested in projects that align our interest with developers and institutional investors.
- Credibility to investors and construction lenders both as contractor and as guarantor through outstanding reputation and financial strength.
- Project staffing and systems that support “open book” transparency.
- Assistance with project cash flow planning and cost segregation for tax purposes.
- A partner experienced with project incentives including New Market Tax Credits and Tax Increment Financing.
Real Estate Development
Let’s talk about your needs and our capabilities
Brenden Zenni
Development Executive, Finance and Investment
Brian Doyle
Vice President, Finance and Investment