Cole Partners Development Company

What Cole Partners Development Company does

Cole Partners Development Company is a privately held, Sacramento-headquartered real estate investment, development and management firm operating exclusively in Northern California. Founded in 1981 as The Evergreen Company and reorganized under the Cole family in 2019, the firm has developed or repositioned more than 6 million square feet of office, retail, residential and mixed-use product across Sacramento, Roseville, Folsom, Rocklin, Rancho Cordova and Stockton, including signature build-to-suit projects such as Zinfandel at Capital Center (1.1M sq ft), Folsom Corporate Center (475K sq ft), Creekside Town Center (372.5K sq ft) and The Ridge at Creekside (238K sq ft) for tenants including Kaiser Permanente, Micron Technology, AT&T, Intel, Verizon, Delta Dental, Vision Service Plan and the State of California.

The company's core offerings span three vertically integrated service lines: (1) real estate development across office, retail, multifamily, senior living and workforce housing, anchored by a current development pipeline exceeding $150M including Gio Apartments (213 units, under construction in Sacramento's medical district) and Ansel Park Senior Living (233 units, Rocklin); (2) build-to-suit development positioning the firm as one of the Sacramento region's most prolific custom-build operators; and (3) property, asset and project management delivered through the wholly owned Cole Partners Management Company subsidiary, staffed with IREM Certified Property Managers and supported by in-house CPA/legal counsel.

Cole Partners operates an asset-light, principal-driven model: revenue is generated through development yields, asset management fees, leasing commissions and project management fees rather than volume-based services. With a headcount of 1-10 and no public listing, the firm relies on deep municipal relationships across six jurisdictions and direct enterprise tenant relationships rather than digital marketing or third-party distribution channels. Leadership is structured for multi-generational continuity under Chairman Daniel M. Cole and President Robert H. Cole, with Rob Cole bringing a $2B+ transaction track record from his prior role leading JLL's Sacramento capital markets platform.

Name

Cole Partners Development Company

Legal name

Cole Partners Development Co.

Website

https://colepartners.com

Company type

Private

Founded year

1981

Operating status

Operating

Headcount range

1–10 employees

Short description

Cole Partners Development Company is a privately held Sacramento-based real estate investment, development and management firm serving Northern California since 1981. It develops and manages office, retail, multifamily, senior living and workforce housing across the greater Sacramento region, primarily through build-to-suit projects and a vertically integrated management subsidiary.

Ownership category

akta.pro rank

Product category

Commercial Real Estate Development

NAICS

Continuing Care Retirement Communities and Assisted Living Facilities for the Elderly (6233)

SIC

Land Subdividers & Developers (No Cemeteries) (6552)

akta.pro primary industry

Real Estate Public-Private Partnership (PPP) & Infrastructure-Adjacent Real Estate Advisory (BPAJANAL)

Keywords

• Commercial real estate development
• Property asset management
• Build-to-suit development
• Multi-family residential development
• Real estate investment

Headquarters

HQ city

Sacramento

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Supply Chain, Operations, Others

Distribution channels1 record

Marketing channels1 record

Core offering

Cole Partners Development Company is a Northern California-based real estate investment, development, and management firm that develops, repositions, and manages office, retail, multi-family residential, senior living, workforce housing, and mixed-use properties. Through its subsidiary Cole Partners Management Company, it delivers property management, asset management, and project management services to private and institutional owners. Its pipeline includes more than $150 million of active developments such as Gio Apartments, Ansel Park Senior Living, and Placer Creek Apartments.

Product overview

Cole Partners Development Company is a single, unified real estate development and investment platform with a vertically integrated management subsidiary. The core offering consists of real estate development services (office, retail, residential including multi-family, senior living, and workforce housing) supported by Cole Partners Management Company which provides property management, asset management, and project management services. Key development projects include Gio Apartments (213-unit residential), Placer Creek Apartments (240-unit planned), Folsom Corporate Center (475,000 sq ft office/R&D), The Ridge at Creekside and Creekside Town Center (retail), Zinfandel at Capital Center (1.1 million sq ft office), and Ansel Park Senior Living (233-unit senior living).

Differentiator

Problem solved

Functional benefit

Products and services

• Real Estate Development Services Site selection, acquisition, financing, build-to-suit construction, leasing, and repositioning of office, retail, multi-family residential, senior living, workforce housing, and mixed-use properties for private investors, institutional owners, and corporate tenants in Northern California's Sacramento region.
• Property Management Services Day-to-day property management for both private and institutional ownerships, covering a broad range of assets from large office parks and Class-A towers to commercial retail centers, led by IREM Certified Property Managers with CPA and attorney support.
• Asset Management Services Asset management services including lease and sales negotiations and financing advisory for private and institutional owners, leveraging the team's background as owners, developers, managers, and brokers with billions of dollars in transactional experience.
• Project Management Services Project management oversight for projects of various sizes and scopes, including assistance navigating entitlement, approval, and permitting processes throughout the greater Sacramento region.

Named customers26 records

Segments2 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Scale indicators4 records

Recent moves5 records

Expansion highlights4 records

Regional players

• St. Anton Communities: Sacramento-area multifamily developer and operator; comparable regional peer for Cole Partners' multi-family residential expansion strategy.
• Integral Communities: Sacramento-based multifamily and mixed-use residential developer; directly comparable for Cole Partners' residential expansion (Gio, Placer Creek) given shared geography and product type.
• The New Home Company: California-focused homebuilder with Sacramento-area operations; partial overlap as Cole Partners expands into residential for-sale and workforce housing product types.
• Ciminelli Development: Integrated real estate development, investment, and management firm comparable to Cole Partners in lifecycle services and product diversification, though operating primarily in different East Coast markets.

Direct peers

• Buzz Oates: Sacramento-based commercial real estate investment and development firm with deep regional roots and a vertically integrated platform covering office, industrial, retail, and mixed-use developments—directly comparable to Cole Partners in market, product mix, and lifecycle services.
• R.D. Olson Development: California-based real estate development and investment firm specializing in hospitality, mixed-use, multifamily, and commercial projects with vertically integrated capabilities—closely aligned with Cole Partners' product mix and integrated services model.

Broad incumbents

• Panattoni Development Company: Larger, established industrial and commercial developer with a significant Sacramento and Northern California presence; comparable in build-to-suit execution and regional development activity, though broader geographically and more industrial-focused.
• Watt Companies: Long-standing Southern and Northern California real estate investment and development firm with diversified commercial and residential holdings, comparable multi-generational family ownership and lifecycle real estate services.
• LBA Realty: California-headquartered commercial real estate investor and developer focused on office and industrial product in infill West Coast locations; comparable as a vertically integrated California developer-manager with build-to-suit capabilities.

Emerging players

• Overland Property Group: Specialized senior living developer and operator; comparable for Cole Partners' Ansel Park Senior Living strategy given focus on senior housing development and management.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/cole-partners

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 records

Subsidiaries1 record

Funding overview

Funding rounds

Investors

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

M&A

Investments

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

Frequently asked questions about Cole Partners Development Company