Flagler
Development Group
In 2006, Flagler Development Company combined with
Codina Group of Coral Gables, the leading commercial
development firm in South Florida. In 2007, the
Company was acquired in a merger transaction by
a company formed by certain private equity funds
managed by affiliates of Fortress Investment Group
LLC. Today, Flagler Development Group is the leading
owner/developer of office and industrial workplaces
in the State of Florida.
Flagler
Development Group's relationship-based philosophy,
unparalleled local market expertise, and team-focused
values enabled the company to transform into the
diversified powerhouse it is today – a commercial
real estate investment, development, construction,
brokerage, and property management firm with approximately
250 employees.
Along
the way, some 11 million square feet of industrial,
office and retail space have been developed – along
with over 530 residential units and 1,760 acres
of land. The company now manages in excess of 12
million square feet of property, 10 million on behalf
of major institutional owners such as AMB Institutional
Advisors, Prudential Life Insurance, General Electric
Investment Corporation, and TIAA-CREF (Teachers).
Honored
repeatedly for its industry innovations and civic
achievements, Flagler Development Group has been
recognized by Florida Trend as the state's largest
commercial developer and is an acknowledged pioneer
in the development of state-of-the-art mixed use
facilities for high-profile clients. Flagler Development
Group has an unrivaled combination of prime land
holdings, Class-A properties, vast capital resources
and market knowledge.
Flagler
Development Group
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