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Petrovich Development Company

Real Estate

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Petrovich Development Company

Overview

PDC is a fully integrated development company with over 4 million square feet of unique commercial properties that have been developed or are in the pre-development process throughout northern California. Be it a regional power center, a mixed-use urban core retail center or creating a 60-acre university village with student housing and retail services, our goal is to create uniquely designed retail projects that add significant value to their surrounding communities. Due to the intense in-fill nature of its shopping centers and mixed use communities, many of PDC’s projects take over a decade to develop and involve hundreds of outreach meetings. Consequently, almost without exception, PDC’s developments set new highs for market rents and market lows for cap rates (in the event of a rare sale) due to their strategic locations and success of its tenant base. PDC’s projects answer the needs of the consumer and typically exceed tenant and governmental expectations by incorporating extremely well built traditional architecture, private art in public places and unique water features that fit into the character of the region. Further, many of PDC’s projects have prominent features that recognize our military Veteran’s sacrifices, something the company believes is essential in our ever changing social value system. Tenant Relationships PDC knows the importance of creating and maintaining the right partnership between each of our tenants. By strategically determining the optimum mix of tenants for our centers we are better able to maximize our tenants’ revenues and consequently, our own. We value the great relationships we’ve made with our local, regional and national tenants by continually striving to maintain their success within our projects. PDC is always looking to integrate new and unique retail concepts into our centers. We are proud that when considering expansion, many retailers look to our company because of our reputation for securing extraordinary locations.

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