Five Star Development is an integrated real estate development company, managing developing and investing around the globe in five asset classes: Residential, Hospitality, Retail, Office and Industrial. Our goals are to:
- Develop mix use projects including Residential, Hospitality and Retail
- Develop quality luxury custom homes
- Develop warehouse, distribution and industrial facilities whether publicly traded or privately held
- Serve tenants that prefer to out-source project development, construction management and facility ownership
- Serve tenants that prefer to focus on their core business operations
- Serve investment and sub-investment grade tenants that prefer “off-balance sheet” financing of new facilities
- Offer “single-source accountability” development and construction management programs, offering either build-to-suit, or fee-for-service, development programs
- Develop projects with quality and value, serving tenants and communities alike
MISSION AND VALUES Our mission is to provide superior quality residential, hospitality, retail, office, industrial, and class “A” warehouse, distribution facilities to our customers and tenants by using the most technologically advanced construction methods and best development practices. We strive to be a performance leader in terms of operational excellence, customer satisfaction and superior performance. To ensure this, we will only use a team of reliable professionals committed to providing customers with results that exceed expectations.
CORPORATE OVERVIEW Setting new standards in the industry, Five Star Development is a commercial real estate company that manages, develops and invests in residential, hospitality, retail, office and industrial real estate. Employing a strong customer focus, Five Star has developed over 20 million square feet of projects with a value of more than $1.2 billion across the Southwest. Five Star uses the best development practices in the industry and the most technologically advanced construction methods to create appealing, imaginative, and innovative facilities that are cost effective and environmentally sustainable.
Five Star is well-versed in overcoming the challenges presented in major development undertakings and prides itself on completing complex projects. Specialties include commercial, retail, hospitality, office, warehousing and industrial facilities.
In 1978, Five Star Development established business in the El Paso/Ciudad Juarez border region when it was realized that this region lacked adequate commercial/industrial, build-to-suit, and development resources.
- Over 15 million square feet of commercial projects with a value of more than $1.18 billion have been designed, developed and constructed to date.
- Over the years the Five Star Development portfolio has grown to over 7.06 million square feet of commercial facilities under its active ownership and management.
- Success is attributable to offering tenants the professionalism, resources and networking that are available from large national firms, but with the same quick decision-making process, flexibility and “low” overhead that a small, entrepreneurial business has to offer.
- Regarded as “The Blue-Chip Choice” for commercial and industrial development and construction along the border and the southwest.
- Currently maintains relationships with many nationwide lenders and insurance institutions because of its solid financial base and exceptional financial resources
- The Five Star Signature Fast Track was developed and designed to place the needs and expectations of the customer first, resulting in attractive occupancy costs.