Our Strategy: Develop
Leveraging our intimate knowledge of the DC metro area and our longstanding relationships with local architectural and construction firms, we find opportunities where others see obstacles.
Penzance is dedicated to building thoughtfully-designed, landmark office, multifamily, industrial, data center and mixed-use properties that deliver lasting value to investors and our community. In addition to superior returns, our developments pioneer sustainability practices and improve our communities.
Proven success delivering complex projects on time and on budget
Penzance construction management works in concert with asset and property management teams to develop and execute capital improvement and tenant build-out projects in alignment with business plan objectives. Each project is custom tailored to minimize disruption to internal and external stakeholders and deliver a high-quality finish while adhering to strict budgets and timelines. The team competitively bids each project to a minimum of three best-in-class service providers to ensure optimal pricing and appropriate staffing to deliver projects on time and on budget.
Unparalleled expertise developing office, residential and mixed-use projects in the DC metro area
A unique ability to navigate complex public approval processes while gaining community support sets the Penzance Development team apart. The team manages developments meticulously through design, permitting, construction and lease-up, building places where people want to live and work while creating meaningful value for our investors. We have leveraged this expertise into building a diverse portfolio of more than 6 million square feet of ground-up development throughout the region.