Commercial retail brokerage firm De Rito Partners announced the addition of its newest entity, De Rito Land Development, LLC,a commercial land development company specializing in new grocery-anchored and other commercial neighborhood shopping centers. De Rito Land Development will focus on land acquisition and commercial development to include negotiating joint venture agreements, developing retail shopping centers including leasing, construction and entitlements, as well as the acquisition of sites and dispositions of the completed projects.
In their careers, the officers of the firm, Jerry Friedman and Martin W. De Rito, have developed over 61 retail/auto park developments totaling 25 MSF primarily in Arizona.
“I am pleased to be collaborating with Jerry. He is an experienced real estate developer and executive officer of real estate companies with management roles including property management, leasing, development, acquisitions and dispositions and someone I highly regard,” said Marty De Rito, CEO of De Rito Partners.