About Master Development

A South Florida-Based Retail Development Company

Master Development, Inc ("MASDEV"), through affiliated limited liability companies, acquires designs and develops or redevelops individual retail projects. MASDEV seeks to acquire "in-fill" development land parcels to meet the needs of the national retailers with which MASDEV has continuing relationships. MASDEV's focus is to acquire vacant land in southeastern Florida.

MASDEV's business plan contemplates co-developing properties with other retail developers which have existing development, leasing and property management infrastructures. MASDEV will be responsible for acquiring the respective properties, creating a development or redevelopment plan, designing the site plan and elevations for the project, obtaining the necessary entitlements from the local governmental agencies and finding anchor tenants for the development or redevelopment.

Over 25 Years In South Florida

  • Company's leadership has over 25 years of real estate experience primarily in South Florida.
  • Completed transactions valued at more than $500 million.
  • Completed transactions totaling in excess of 4.6 million square feet of GLA in projects ranging from major re-developments of existing centers to ground-up development of community and neighborhood shopping centers.

1.5 Million Square Feet of South Florida Retail Projects

  • Over the past ten years, MASDEV has acquired and redeveloped approximately 1.5 million square feet of South Florida retail projects in joint ventures with Konover South and Woolbright Development Inc.
  • MASDEV generated substantial profits for itself and its partners upon the sale of its interests in these properties.

Decades of Experience With The Nation's Most Successful Retailers

  • Decades of experience with the nation's most successful retailers.
  • These relationships will allow the MASDEV to maximize the value of each project it undertakes.
  • Partnered with well-respected joint venture partners in South Florida, including AMB Property Corp., Lefmark Group, and General Real Estate Corp.
  • Transaction Sourcing & Execution