Top commercial property development companies specialise in developing office spaces, apartments and more – such as Related Companies – across the property development spectrum. Many are active internationally as well as within capital markets.
L+M Development Partners
L+M Development Partners is a full-service real estate developer specialising in development, investment and construction with innovative strategies and exceptional creativity that set them apart in their industry. Their portfolio features both affordable and market-rate properties throughout New York City.
As part of their response to the COVID-19 pandemic, top commercial property development companies assist their residents in managing the impact of decreased incomes on rent payments. Residents received free access to credit scores and rent reports through this partnership – improving resident financial health while leading to 25% more on-time payments overall.
Tishman Speyer
Tishman Speyer is an owner, developer, operator and fund manager of premier real estate around the globe. Their portfolio boasts iconic properties like Rockefeller Center in New York City, The Springs in Shanghai and TaunusTurm in Frankfurt.
Project Destined, an educational program to prepare high school students for careers in commercial real estate, also partners with this firm. Each participating student team works on a real-life commercial property deal before competing against teams from other cities to win scholarships.
Tishman Speyer recently joined forces with Mitsui Fudosan America on a $500 million industrial investment partnership, searching for ground-up projects and repositioning acquisitions in major markets.
Silverstein Properties
Silverstein Properties was established in 1957 as a full-service real estate development, investment and management firm. Their primary goal is completing complex projects while improving local communities; since their founding, they have built, owned or managed over 40 million square feet of office, residential, hotel and retail space.
Boston Properties
BXP owns, operates, and manages premier workplaces in Boston, Los Angeles, New York City, San Francisco, Seattle and Washington D.C. It boasts 194 commercial properties totalling 54.1 million net rentable square feet of primarily office space and 13 properties under development or reconstruction.
BXP is a Real Estate Investment Trust (REIT), meaning it does not pay federal corporate taxes but distributes most of its profits to shareholders, who must then pay taxes on them.
RXR Realty
RXR Realty is a vertically integrated real estate owner, operator, investor, and developer committed to building sustainable communities. Their services include investment and asset management, construction, finance, design, human capital management, and human resource administration – with products including commercial properties for offices, industrial, retail, multifamily, and hospitality.
RXR Realty CEO Scott Rechler joined “Squawk Box” to address the state of commercial real estate – specifically offices – during a COVID era and what this could mean for investors.
Brookfield Properties
Brookfield Property Partners LP manages the company’s real estate portfolio. This subsidiary oversees premium office buildings in major cities like New York, London and Toronto and residential and retail properties across Canada.
Since 1984, Olympia & York, which later changed to Brookfield Properties, acquired landmark buildings such as Three World Financial Center and One Liberty Plaza.
Top commercial property development companies recently expanded their business by investing in green energy and other sustainable projects to offer tenants zero-emission electricity from renewable energy sources.
Avery Hall Investments
Avery Hall Investments is a New York City-based development firm founded by Brian Ezra, Avi Fisher and two Columbia University classmates. The company focuses on residential developments and has completed projects totalling over $500 million. Avi Fisher oversees project financing & structuring, capital raising and investor relations at the firm.
The Park Slope-based developer recently nabbed a site that includes one of the largest grocery stores in the neighbourhood and plans to build a retail and residential building on the lot. The company also wants to buy air rights from an MTA substation, which could add dozens of apartments.