Killam Development

What Killam Development does

Killam Development is a private, family-owned commercial real estate development company headquartered at 4320 University Blvd., Laredo, Texas. Founded in 1920 (originally as Killam Oil Company) and now in its third generation of family leadership under President & CEO Cliffe Killam, the company develops, owns, and leases a diversified South Texas portfolio: over 4 million square feet of industrial warehouse space across Laredo and the Rio Grande Valley, roughly 485,000 square feet of combined retail and office space, and approximately 5,997 residential lots via its Winfield Communities subsidiary.

Its revenue model combines recurring monthly rental income from industrial, retail and office tenants with one-time proceeds from land and residential lot sales, plus build-to-suit and ground-lease arrangements with industrial users. Distribution is direct: dedicated in-house leasing managers per market (Laredo and the McAllen/Mission RGV), supported by a Director of Leasing & Land Sales, property managers, and a VP of Leasing; selective use of third-party institutional brokers (e.g., Colliers New Mexico-El Paso for the new Avila Industrial Park); and participation in industry trade events such as ICSC Red River.

The company serves three primary customer sets: (1) industrial, logistics, manufacturing and cross-border trade tenants needing proximity to the Anzalduas, Pharr, and Santa Teresa ports of entry (logos include FedEx, UPS, Penske, Ceva Logistics, Johnson Controls, Buckeye, Rexnord, and GDB International); (2) national and local retail/restaurant tenants in Killam-owned shopping centers (H-E-B, Starbucks, Burlington Stores, Palominos, Noble); and (3) homebuilders purchasing residential lots through Winfield Communities. Major active projects include the 1,027-acre The Coves master-planned community in Laredo (groundbreaking June 2024), the 175-acre Sharyland Business Park in Mission, TX (~$275 million investment, ~2.5M SF industrial), and the 272-acre Avila Industrial Park in Santa Teresa, New Mexico (FTZ-designated, engineering Q1 2026). Public-private partnerships with Webb County, the City of Laredo, Mission EDC, and the Laredo Chamber of Commerce underpin entitlement and infrastructure.

Name

Killam Development

Legal name

Killam Development, Ltd.

Website

https://killamdevelopment.com

Company type

Private

Founded year

1920

Operating status

Operating

Headcount range

101–250 employees

Short description

Killam Development is a private, family-owned South Texas commercial real estate developer (founded 1920) that owns and leases over 4 million SF of industrial warehouse space, ~485,000 SF of retail and office space, and ~5,997 residential lots through its Winfield Communities subsidiary, serving logistics, manufacturing, retail, and homebuilder tenants in Laredo, the Rio Grande Valley, and Santa Teresa, NM.

Ownership category

akta.pro rank

Product category

Commercial Real Estate Development

NAICS

Industrial Building Construction (23621), Land Subdivision (2372)

SIC

Land Subdividers & Developers (No Cemeteries) (6552), Operative Builders (1531)

akta.pro primary industry

Warehousing, Distribution & Cold Storage Facility Construction (IMAFADAL)

akta.pro secondary industries

Residential Land Development & Subdivision Homebuilding (Build-to-Sell Communities) (IMAFABAL), Retail & Mixed-Use Commercial Construction (IMAFACAB)

Keywords

• Commercial real estate development
• Industrial warehouse leasing
• Master-planned communities
• Build-to-suit facilities
• Border trade logistics

Headquarters

HQ city

Laredo

HQ country

United States

HQ region

North America

Offices5 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Infrastructure, Personnel, Operations, Marketing or Sales, Others

Revenue model

1. Industrial Warehouse Leasing: Killam Development generates revenue through leasing industrial warehouse space across its portfolio of over 4 million SF of industrial warehouse space in South Texas and the Rio Grande Valley.
2. Retail and Office Leasing: Revenue from leasing combined retail and office space totaling approximately 485,000 SF across shopping centers and office properties.
3. Land Sales and Development: Sale of developed and undeveloped land in Laredo and Rio Grande Valley regions, including build-to-suit and ground lease opportunities.
4. Residential Lot Sales (Winfield Communities): Sale of residential lots through Winfield Communities subsidiary, offering multi-family and single-family home sites across South Texas.

Pricing tiers

Go-to-market motion1 record

Distribution channels7 records

Marketing channels9 records

Core offering

Killam Development is a South Texas commercial real estate development and ownership company that develops, leases, and sells industrial warehouses, retail and office centers, land, and residential master-planned communities. The company's portfolio exceeds 5 million square feet of real estate assets and thousands of acres of land across Laredo, the Rio Grande Valley, and Santa Teresa, New Mexico. Tenants and buyers include national logistics, manufacturing, and retail firms such as FedEx, UPS, H-E-B, Starbucks, Penske, and Ceva Logistics.

Product overview

Killam Development is a premier South Texas real estate development company offering a diversified portfolio of industrial, commercial, retail, land, and residential properties. The company's core offerings include industrial warehouse properties (over 4M SF), commercial properties combining retail and office space (over 485,000 SF), and land development across Laredo and Rio Grande Valley. Under its residential arm Winfield Communities, Killam develops master-planned communities including The Coves (1,027 acres) and manages residential properties. Notable projects include Sharyland Business Park (175-acre industrial park), Avila Industrial Park (272-acre FTZ development in Santa Teresa, NM), and Townhomes at the Grove. The company's portfolio spans master-planned communities, industrial parks, shopping centers, and residential developments throughout South Texas and the Rio Grande Valley region.

Differentiator

Problem solved

Functional benefit

Brands

• Winfield Communities: Multi-family and single-family homes residential community developer. Offers residential lots for homebuilding.
• The Coves
• Sharyland Business Park
• Avila Industrial Park
• The Shoppes at Winfield
• The Shoppes at Shiloh
• Main Place
• Paseo Casa Blanca

Products and services

• Industrial Properties Over 4 million square feet of industrial warehouse and logistics space across South Texas and the Rio Grande Valley, with strategic locations near international bridges for cross-border trade.
• Commercial Properties (Retail and Office) Combined retail and office space totaling over 485,000 square feet across shopping centers including The Shoppes at Winfield, The Shoppes at Shiloh, Main Place, The Shoppes at San Marino, Paseo Casa Blanca, and Loop 20 Plaza.
• Land Properties Developable land available for sale in Laredo and the Rio Grande Valley region, including thousands of acres for industrial, commercial, and residential development.
• Winfield Communities (Residential) Multi-family and single-family residential communities offering approximately 5,997 residential lots, including master-planned communities such as The Coves at Winfield, featuring single-family homes, townhomes, parks, and retail spaces.
• Sharyland Business Park 175-acre industrial park in Mission, Texas near the Anzalduas International Bridge, expected to generate approximately 2.5 million square feet of industrial space representing approximately $275 million of investment, with lot sizes ranging from 4 to 25 acres available for lease.
• Avila Industrial Park A 272-acre industrial development in Santa Teresa, New Mexico, located within a designated Foreign Trade Zone approximately four miles north of the Santa Teresa Port of Entry at the northwest corner of Pete Domenici Highway and Strauss Road.
• The Coves 1,027-acre master-planned community along Loop 20 in Laredo, Texas, featuring 1,800 residential homes, 900 multi-family units, 45 acres of educational facilities including Laredo College, a hospital, donated medical facility site, 650,000 square feet of retail in an urban town center, hotels, and 23 acres of green space.
• Townhomes at the Grove Pet-friendly townhome community at 3901 Plantation Grove Blvd., Mission, Texas 78572, featuring granite countertops, spacious floor plans, 2-car garages, virtual tours, and move-in specials.

Quantifiable outcome

• Sharyland Business Park projected to generate approximately 2.5 million SF of industrial space and ~$275 million of investment
• +2 more outcomes

Named customers36 records

Segments5 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

13 partnerships are on record, tiered core and minor.

• Colliers (New Mexico-El Paso)coreChannel Partner/ Reseller/ Distributor · 16 December 2025Colliers brokers Bob Feinberg and Tom Jones (CCIM) represented both Killam Development and the seller in the closing of a ± 272-acre industrial land deal in Santa Teresa, New Mexico (Avila Industrial Park). They have been exclusively selected to handle marketing and land sales for the development, bringing institutional reach and real estate transaction expertise.
• Mission Economic Development Corporation (Mission EDC)coreStrategic or Co-development Partner · 15 December 2025Killam Development partnered with Mission EDC and The Greater Mission Chamber of Commerce to celebrate the ribbon cutting of Sharyland Business Park — a 175-acre industrial park expected to generate 2.5M SF of industrial space and ~$275M investment. Mission EDC was instrumental in supporting the project.
• Greater Mission Chamber of CommerceminorStrategic or Co-development Partner · 15 December 2025Killam Development partnered with the Greater Mission Chamber of Commerce for the Sharyland Business Park ribbon cutting ceremony, marking a major milestone in Rio Grande Valley industrial development.
• Laredo Chamber of CommercecoreStrategic or Co-development Partner · 23 November 2024Killam Development partners with the Laredo Chamber of Commerce on multiple initiatives including Small Business Saturday Market events, VISION conference, Business Person of the Year awards, and community programs. The Chamber provides platform and endorsement for Killam-led initiatives.
• Texas A&M International University (TAMIU)coreStrategic or Co-development Partner · 13 November 2024Killam partnered with TAMIU to support Dusty's Food Pantry on campus through a food donation drop-off campaign. Killam contributed funds, coordinated drop-off locations with its tenants at shopping centers across Laredo, and set up a station at its office on University Blvd. The partnership culminated at the TAMIU Annual Christmas Tree Lighting Ceremony.
• Laredo Center for the ArtsminorStrategic or Co-development Partner · 20 September 2024Cliffe Killam collaborated with the Laredo Center for the Arts to host 'The Quest to Dream: A Rare Collection of the First Printed Don Quixote Illustrations' exhibit, featuring over 70 photographs from his personal rare book collection. The exhibit welcomed nearly 600 high school students and was extended as 'Quest to Dream II' in 2025.
• VTX1coreTechnology or Integration · 6 June 2024Killam Development partnered with VTX1, the 2nd largest rural internet service provider in Texas, to equip The Coves master-planned community in Laredo with cutting-edge fiber and wireless internet infrastructure. VTX1 will deliver up to 1 Gig fiber internet speeds plus streaming and telephone services, including a cybersecurity protection app at no charge.
• Webb County and City of LaredocoreStrategic or Co-development Partner · 4 June 2024Killam Development partnered with Webb County and City of Laredo through public-private partnerships and tax increment financing (TIRZ) to enable The Coves master-planned community and The Coves of Winfield tax increment financing district, which also enabled the Webb County Southern Health Facility land donation.
• Webb CountycoreStrategic or Co-development Partner · 29 March 2024Killam Family donated a 4-acre land site for the Webb County Southern Health Facility in El Cenizo, Rio Bravo, and surrounding areas. The land donation was part of the Coves of Winfield tax increment financing agreement and enabled Webb County to secure federal grants for construction of the 10,585 SF medical facility.
• Casa de MisericordiaminorOthers · 1 January 2012Killam organization has participated with Casa de Misericordia (domestic violence shelter in Laredo) for over a decade since 2012, donating toys, gifts, and holiday cheer to children at the shelter each Christmas. Over 800 children positively impacted by Killam's participation.
• Killam Development Tenants (Participating Drop-off Locations)minorOthersKillam tenants participating in the TAMIU Dusty's Food Pantry donation campaign included Caro Linda Boutique, Shop 195, Tranquility Dispensary, AT&T, Winfield Communities, Legacy Home Care Services, Room For More, and The Star Music Shop at various Killam-owned shopping centers.
• Laredo Chamber of CommercecoreGTM or Marketing PartnerKillam Development and the Laredo Chamber of Commerce co-hosted Small Business Saturday Market at The Shoppes at Winfield with over 30 local vendors, Santa photos, and free toy giveaways. The Mayor of Laredo issued a shop-local proclamation at the event.
• Laredo Economic Development Corporation (LEDC)coreStrategic or Co-development PartnerKillam Development collaborates with LEDC on economic development initiatives. Justin L. Heather serves on the Board of Directors of LEDC as part of the partnership's community leadership.

Scale indicators11 records

Recent moves10 records

Expansion highlights6 records

Broad incumbents

• Prologis: Largest global industrial REIT with significant Texas border-market footprint. Comparable as the incumbent scale player in industrial logistics real estate that sets competitive pricing in markets like Laredo/McAllen where Killam operates.
• Lincoln Property Company: One of the largest diversified real estate developers in the U.S. with industrial logistics, office, and mixed-use developments. Comparable as a broader incumbent with multi-product CRE scale; differs from Killam as a much larger, multi-region platform.

Direct peers

• Hillwood: Perot-family-controlled industrial and residential developer with a landowner-developer model and large master-planned industrial parks across the Sun Belt. Highly comparable to Killam's land-bank approach, family ownership structure and industrial focus near logistics gateways.
• Stream Realty Partners: Texas-focused commercial real estate services and development firm with large industrial, office and retail leasing operations in Dallas, Austin, Houston and San Antonio. Comparable to Killam in Texas CRE leasing and development across industrial, retail, and office.
• IDI Logistics: Industrial REIT with a large build-to-suit development platform concentrated in the Sun Belt. Closely comparable to Killam's build-to-suit industrial model targeting logistics tenants along strategic corridors.
• Majestic Realty: Long-tenured, privately held industrial developer with master-planned business parks across the western U.S. Comparable to Killam as a family/founder-controlled landowner-developer executing large park-scale industrial projects near logistics gateways.
• Crow Holdings: Major Texas-based industrial and office developer with deep Texas land bank and large-scale industrial parks. Closest direct comparable in scale, geography, and integrated build-to-suit industrial offering to Killam's South Texas portfolio.

Emerging players

• Howard Hughes Holdings: Developer of large master-planned communities (e.g., The Woodlands, Summerlin, Bridgeland) integrating residential, retail, hospitality and office. Comparable to The Coves at Winfield as a master-planned community developer with multi-decade buildout horizons.
• Century Communities: Public homebuilder active across Texas including South Texas. Comparable as an adjacency peer purchasing residential lots from developers like Winfield Communities for single-family home construction.

Regional players

• Woodbine Development Corporation: Texas-based family-owned master developer with large mixed-use and industrial projects across the state. Comparable to Killam as a regional, family-owned developer with multi-product CRE developments in Texas.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights7 records

Customer concentration

• YouTubeyoutube.com/channel/UCXpWIHBzj7P9gDUQBDU87Yg
• Facebookfacebook.com/KillamDevelopmentt
• LinkedInlinkedin.com/company/killam-development
• Instagraminstagram.com/killamdevelopment
• Xx.com/killamdev

Revenue estimate

Valuation estimate

Number of profiles

Profiles17 records

Subsidiaries1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments1 record

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Killam Development