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Praedium Development Corporation Profile
Praedium Development Corporation, is a retail real estate company engaged in the business of developing, operating, and managing retail properties ranging from single tenant free-standing buildings to multi tenant open-air shopping centers.
The underlying goal of our company is to create value and profit through our real estate ventures. We adhere to the following principles to make certain the company will create value in all of its transactions:
- Maintain a clear focus on what we do best; create value and profit by acquiring, developing, leasing, renovating and managing retail properties.
- Avoid actions based solely upon short-term results. We are in a long-term business. Our goal is to maximize and increase value and profit.
There are four critical business segments that drive the creation of value in our organization; they are Development, Acquisitions, Leasing, and Property Management.
We bring only responsible and sound economics to the development process. We make certain our site selection and market analysis is sound, our planning meticulous, and we are achieving the maximum return on our deployed capital.
We seek to expand our portfolio via acquisitions. We create value in these acquisitions by applying our experience and knowledge, and making certain these acquisitions possess long-term competitiveness and viability.
The leasing process is involved in all aspects of our business. We feel our greatest strength is in the leasing process. We implement the latest computer technology (GIS Systems) to make certain our leasing strategies are sound and implemented effectively. We create a leasing plan, to make certain our leasing efforts are focused.
We have assembled management personnel we feel possess the necessary experience and knowledge to lead this organization forward. The principal of the company has over nine years of retail real estate experience, and has been involved in the development of nearly 200,000 square feet of retail space.
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REAL ESTATE PROJECTS
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