Development

Development

Comunale Properties, through its investment affiliate Rectangle, prides itself on best-in-class, turnkey development practices, focusing on speculative single and multi-tenant industrial product as well as build-to-suit projects. We are primarily active in the Mountain West and Ohio regions; however, we are also open to new markets that meet our criteria. Our development approach ensures we build efficient, high-quality, modern product. Given premier access is imperative to many of our tenants, we routinely focus on projects situated in infill, land-constrained markets that are near major transportation hubs. We remain flexible and adaptable to any project’s unique needs. Following our comprehensive and hands on approach to all facets of the development process, we have continued to timely deliver above market returns while managing risk for our internal capital and institutional investment partners.

Entitlement

Proactive and thorough in selecting potential development sites, we utilize our expertise to navigate both the due diligence and entitlement processes. We identify strengths and weaknesses early in the entitlement process and openly communicate potential risks and opportunities with our partners and/or clients. Through our experienced professionals, we are able to carefully guide development strategies so we can ensure the project maximizes its value, while delivering building solutions to meet the demands of tenants. Our highly qualified team of professionals has experience with rezoning infill land to meet last-mile needs.