Development
Western Devcon, Inc. is distinguished by the experience and diversity of a development team that is dedicated to the success of its commitments. Over the past twenty years its primary focus has been the development, construction and management of commercial projects. Operating both as Western Devcon and through various partnerships, Michael Ibe, John Ibe, Daniel Reid and Joseph Beauchamp have developed projects totaling nearly 6.5 million square feet valued at over $600,000,000. These projects have ranged from 500,000 square foot distribution facilities to 30,000 square foot County and Federal Courthouses to 54,000 square foot specialized laboratory spaces.
The philosophy and strategy by which Western Devcon pursues real estate development is summarized as follows:
- Recognition of Western Devcon’s strengths and market position - Proactive response to changing conditions
- Commitment to value added transactions
- Ongoing analysis of the tenant market and accessing new trends
- Financial discipline in continually assessing project feasibility
- The application of strong business fundamentals designed to meet the basic needs and requirements of the tenant, community and financial markets
- Entrepreneurial style employed in adjusting to and tar getting new market realities and unique opportunities
In an ongoing effort to continually strive for enhanced corporate achievement, Western Devcon, Inc. looks towards their future in the real estate development field with high expectations. Project success in commercial endeavors will continue to be a profound motivator in the projections and execution of Western Devcon, Inc.’s business plans. In addition, controlled and monitored growth is a high priority in executive strategy.
