In addition to our ongoing leasing & property management operations, Legacy Commercial Property is actively investing in new real estate developments. We are focused on growing our commercial real estate portfolio through the strategic acquisition & development of retail & office space.
We help retailers find locations that work for them to enable their growth strategy. We site select, purchase and develop quickly so our partner can focus on their operations. We have the ability to acquire and develop hard to find, “off-market” commercial real estate. With boots on the ground in over 20 states, our team is prepared to move quickly – we find sites fast, we build fast and we turnover fast. We’ve found and developed over 800 high-quality retail locations since 1948.
Our core philosophy has always been “buy to hold”. We invest in opportunistic, value-add, and core plus real estate within the office & retail sectors with a long-term view. Our ability to handle new developments from start to finish streamlines the construction process and cuts out unnecessary costs from a middle man, keeping more money in our partner’s pockets.
In 2017, CVS approached us with interest in our site in Ottawa, IL. The terms of the deal included the demolition of our 6,000 SF video store and the acquisition of two parcels to complete the deal. The 13,000 SF ground up development at this site was completed swiftly and CVS has seen consistent results in this location ever since.
CVS Ground Up Development
Towards the end of the Family Video era, Dollar General approached us with interest in a few select locations to lease. Dollar General coveted our properties’ location, parking lots and track record of retail success. Five years after the first deal was signed, Dollar General now occupies 150+ locations with over 1 Million SF leased.
Dollar General Expansion
Our strength in site selection and development led us to a deal with veterinary group, Heartland Veterinary Partners. Legacy serves as their strategic real estate partner to support their clinic expansion strategy. The deal was completed in 2022 and Heartland is currently operating in 20+ Legacy properties across the country.
Heartland Veterinary Partnership
