![]()
As the developer of many high-profile real estate assets, Parmenter Realty Partners has a well-earned reputation for quality and performance. Utilizing the capital resources of its principals and investors, Parmenter Realty Partners has purchased, renovated, and developed premier office, residential, and commercial projects in many North American markets.
The company's commercial office buildings are located in major urban areas (MSAs of 1,000,000 people or more), typically in central business districts and in-fill submarkets where land costs tend to inhibit new competition. In most cases, the buildings have been in some state of distress when they were acquired. In each case, Parmenter Realty Partners added value to the building by renovating, refurbishing, redeveloping, and repositioning the assets, stabilizing and increasing occupancy and achievable rent, and professionally managing the day-to-day operation of the building. The company’s development projects are also located in live/work/play neighborhoods in major urban areas in order to capitalize on the growing demand for metropolitan living experiences. We believe a growing market exists for people who want to live and work in areas close to the existing urban core- near recreational facilities such as arenas and malls, and civic amenities such as public parks, museums, and entertainment. The ability to apply a disciplined approach to real estate differentiates Parmenter Realty Partners. We take projects from the inception of an idea and its refinement, through project feasibility, contract negotiations, and financial structuring, to planning, construction, leasing, and liquidation. |
![]() |
|