Redevelopment

Redevelopment breathes new life into existing, built-upon real estate that is underutilized, outdated, or functionally obsolete. By executing massive structural, technological, and cosmetic renovations, we turn depreciated buildings into highly desirable, modern assets. This process significantly increases market value, commands premium rental rates, and optimizes modern utility.

Value Identification

We have a proven eye for locating underperforming properties with strong foundational "bones" and high upside.

Adaptive Reuse Mastery

We seamlessly upgrade aging infrastructure to meet the spatial and technological needs of modern commercial tenants.

Speed to Market

Redevelopment allows us to deliver modernized commercial spaces significantly faster than ground-up alternatives.

Risk Mitigation

Our decades of experience allow us to accurately diagnose hidden structural liabilities before renovation begins.

FAQs

What is the difference between development and redevelopment?

Development starts with raw or unimproved land. Redevelopment takes a site that is already built upon and completely renovates or reconfigures it to increase its value.

Can a property remain occupied during a redevelopment project?

Depending on the scope, we often structure phased renovations to minimize disruption to existing tenants and preserve your property’s immediate cash flow.

How do you determine if a building is a good candidate for redevelopment?

We evaluate the property’s structural integrity, location, zoning flexibilities, and potential return on investment versus a full demolition.

Do redevelopments require the same municipal permits as new buildings?

They require specialized renovation and building permits, and frequently require zoning updates if the building’s primary use is being altered.

What are the financial benefits of redeveloping an older asset?

It significantly increases the building’s asset valuation, allows you to command higher lease rates, and drastically reduces ongoing maintenance costs.

Can you share an example of a successful Margetich redevelopment?

Our Twin Creek Professional Park project in Roseville, CA is a prime example where we conducted a massive renovation to completely transform office condos.