Commercial

DAgostini picD’Agostini Land Company nears completion on a major industrial park in Michigan.

By Kat Zeman, Senior Editor at Knighthouse Media

Build it and they will come: D’Agostini Land Company operates under this ideology. The Sterling Heights, Mich.-based building contractor doesn’t need a guaranteed sale or lease prior to completion. Experience has taught the company that quality projects will eventually attract tenants and buyers.

“Probably 80 percent of our portfolio is speculative in nature, which means we have embraced risk,” Principal Owner Eugene D’Agostini says. “There are other industrial builders, but very few speculative builders do as much as we do.”

Dominion Partners picDominion Builders applies its experience in designing and building fully-automated climate-controlled growing facilities for the cannabis cultivation market.

By Tim O’Connor, Senior Editor at Knighthouse Media

With more states legalizing medical and recreational use – including California at the start of 2018 – cannabis is poised to becoming a boom niche of the economy. A report from New Frontier Data predicts the cannabis industry could generate as much as $131.8 billion in tax revenue alone and create 1.1 million jobs by 2025 if the drug were made available in all 50 states.

That’s a lot of potential demand for pot. Manufacturers are turning to construction firms such as Dominion Builders to erect specialized facilities that can maximize their growing capacity. “It’s difficult to find organizations that understand the design and construction of these complicated facilities,” Dominion CEO and President Mark Gemignani says. “The process varies significantly from the standard design and construction process.“

SL Green pic

Photo credit Max Touhey

SL Green’s latest project will be one of New York City’s tallest buildings.
By Alan Dorich, Senior Editor at Knighthouse Media

When SL Green Realty Corp. develops a property, it creates spaces that can be home to more than one industry. “We make investments that make sense,” Chief Operating Officer Edward V. Piccinich declares. “That mitigates risk at the end of the day.”

The company’s portfolio includes spaces with tenants from a variety of industries including finance, insurance, legal, technology, media and healthcare. “We have a little bit of them all,” he says. “Ensuring that you have a diverse tenant base is an important strategy.”

rmcRMC has persevered on the Delta Shores project, despite challenges.  

By the Editors of Construction Today 

When RMC Constructors Inc. takes on a project, it sets out to surpass client expectations. “We work closely with developers, owners, architects and regulating agencies to achieve superior results for our clients,” the company says.

McCarthy Ranch picMcCarthy Ranch aims to deliver a high-quality product with the McCarthy Creekside Industrial Center.
By Bianca Herron

McCarthy Ranch is a sixth-generation family business that got its start as a farm and ranch in the 1800s. COO Joseph McCarthy Jr. recalls that as a young child his father, Joseph McCarthy Sr., oversaw the farm and its crops, including pear trees and a dairy farm.

In the 1980s, McCarthy Sr. transitioned from a farmer to a real estate developer as the industry began to take off in the Los Gatos, Calif.-based company’s area. Over the course of the next 30 years, he would look into joint ventures and sell parts of the property to other developers and companies.

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