Tri Properties is one of the most prolific third-party developers in the marketplace, having developed over 5 million square feet of space in the Triangle and surrounding metro area.
Our experienced team and strong local presence can meet all your needs from site acquisition through project completion.
It is our goal to bring fairness, equity and creativity to each and every transaction. The current business environment is such that individually tailored or customized service is no longer a luxury – it is a necessity. There is no room for the “cookie cutter” approach in development. Our office, industrial and retail projects are first class, developed with a meticulous attention to detail that is not often found in commercial real estate. Our team takes pride in its reputation for delivering high quality projects on time and within budget.
Due to the various needs of our clients, Tri Properties has developed a flexible approach to fee development. Considering not every owner wants or requires our entire scope of development services we are able to customize our services to provide you the level of service desired.
Our existing projects range in size from 6,000 square feet to more than 229,000 square feet. GlaxoSmithKline, Quintiles, and AICPA top the list of our satisfied customers.
Tri Properties doesn’t just meet the market needs; we help shape them. To earn a partner’s/lender’s/owner’s confidence, a firm must demonstrate financial acumen, a history of achievement and a realistic tempered attitude toward acquisition, construction and financing costs. Our team continually strives to set new higher standards for ourselves and the industry.
From high tech to industrial and everything in between, we consistently meet the needs of business organizations with the highest degree of competence. We make sure in each project that we are building value, not only for businesses but also the greater community.
DEVELOPMENT & PROJECT MANAGEMENT CHECKLIST
- Site Acquisition and Land Assemblage
- Market Assessment
- Pro-forma Modeling
- Deal and Financial Structuring
- Site Selection
- Master Planning/Site Planning
- Municipal Coordination and Permitting
- Regular Updates/Requirements
- Site Utility Coordination
- Architect/Consultant Selection
- Conceptual Design and Implementation
- Bid Package Preparation
- Contractor Selection
- Value Engineering/Project Cost Evaluation
- Pre-construction Planning
- Contract Preparation and Administration
- Project Accounting
- Construction Management
- Quality Assurance and Control
- Tenant Improvement
- Leasing and Brokerage
- Property Management and Maintenance
- Project Completion Checklist to Owner
Tri Properties, Inc.
4309 Emperor Blvd. – Suite 110
Durham, North Carolina 27703
(919) 941-5745 phone