Name

Phelan Development Company

Legal name

Phelan Development Company LLC

Website

https://phelandevco.com

Company type

Private

Founded year

2016

Operating status

Operating

Headcount range

11–50 employees

Ownership category

akta.pro rank

Product category

Commercial Real Estate Development

NAICS

Real Estate Property Managers (53131)

SIC

Land Subdividers & Developers (No Cemeteries) (6552), Real Estate Dealers (For Their Own Account) (6532), Real Estate Agents & Managers (For Others) (6531)

akta.pro primary industry

Real Estate Development Asset Management (Project/Construction-to-Stabilization) (BPAJAMAL)

akta.pro secondary industry

Commercial Real Estate Asset Management (BPAJAMAB)

Keywords

• Commercial real estate development
• Industrial property development
• Speculative industrial buildings
• Build-to-suit development
• Real estate leasing services

Headquarters

HQ city

Newport Beach

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Supply Chain, Operations, Personnel, Infrastructure

Revenue model

1. Real Estate Development and Sales: Phelan Development generates revenue through the acquisition of land, obtaining entitlements, constructing industrial, office, retail, and mixed-use properties, leasing to tenants, and managing and disposing of completed assets. Revenue is derived from development fees, property sales, and ongoing lease income from managed properties.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels3 records

Core offering

Phelan Development Company develops high-quality industrial, office, R&D-Flex, and retail commercial real estate projects across 15 U.S. states. The company manages the full project lifecycle from land acquisition and entitlement through construction, leasing, property management, and final disposition, executing both speculative and build-to-suit developments. Revenue is generated through development activity, ongoing lease income, and asset disposition, with enterprise tenants occupying completed facilities.

Product overview

Phelan Development Company is a privately held real estate development company offering end-to-end development services from land acquisition to entitlement, construction, leasing, management, and disposition. The company specializes in developing high-quality industrial, office, R&D-Flex, and retail projects. Their portfolio includes completed projects such as the Mid City Industrial Park (352,890 sqft in San Antonio), Big 5 Sporting Goods Distribution Center (953,100 sqft in Riverside), and current developments like Stafford Centre Business Park (158,792 sqft in Texas) and TLP Park 88 Logistics Center in Illinois. Projects span markets across Southern California, Northern California, Texas, Oregon, Utah, Idaho, Nevada, Arizona, Washington, North Carolina, Tennessee, Illinois, South Carolina, Ohio, and Arkansas.

Differentiator

Problem solved

Functional benefit

Products and services

• Industrial Property Development Full-lifecycle development of high-quality industrial facilities including warehouses, distribution centers, and logistics buildings for enterprise tenants across 15 U.S. states. Projects range from speculative builds to large-scale build-to-suit facilities exceeding 950,000 square feet.
• Office Property Development Development of office space in strategic locations for corporate and professional services tenants as part of Phelan's diversified commercial real estate portfolio.
• Retail Property Development Development of retail properties including shopping centers and retail distribution facilities in high-traffic U.S. markets.
• Mixed-Use Property Development Integrated commercial developments combining multiple property types such as industrial, office, and retail within a single project.
• R&D-Flex Property Development Development of flexible research and development / flex space serving tenants with mixed office, lab, light manufacturing, and warehouse requirements.
• Property Leasing Services Direct leasing of completed industrial, office, and retail properties to enterprise tenants through Phelan's internal leasing team.
• Property Management Services Ongoing management of developed properties, covering day-to-day operations and tenant support for completed and leased assets.

Named customers4 records

Segments4 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

One partnership is on record.

• TradeLane PropertiescoreStrategic or Co-development Partner · 1 July 2023Phelan Development partnered with TradeLane Properties to develop TLP Park 88 Logistics Center, a two-building speculative industrial development in Oakbrook Terrace, IL. This co-development partnership demonstrates Phelan's collaborative approach to large-scale logistics projects.

Scale indicators3 records

Direct peers

• Lincoln Property Company: Lincoln Property Company is a diversified national commercial real estate developer and manager active in industrial, office, and retail — comparable to Phelan across asset classes and geographies.
• Dermody Properties: Dermody Properties is a national industrial real estate developer focused on modern logistics and distribution facilities in strategic U.S. gateways — directly comparable to Phelan's industrial-led model.
• The Opus Group: Opus is a national commercial real estate developer delivering office, industrial, retail, and mixed-use projects across U.S. markets — directly comparable for project type and full-lifecycle delivery.
• Trammell Crow Company: Trammell Crow is a major U.S. commercial real estate developer with diversified product across industrial, office, and retail — overlapping with Phelan's full-cycle commercial development scope across multiple asset classes.
• Becknell Industrial: Becknell is a national industrial developer focused on speculative and build-to-suit warehouse/distribution product across U.S. growth markets, competing directly with Phelan for tenants and sites in similar submarkets.
• Hillwood Industrial: Hillwood's industrial arm develops large-scale Class A logistics parks across the U.S., including in Texas and the West Coast, making it a comparable industrial developer in Phelan's core geographies.
• Panattoni Development Company: Panattoni is one of the largest privately held industrial real estate developers in the U.S., active across Sun Belt and West Coast markets with a focus on speculative and build-to-suit logistics facilities — closely matching Phelan's industrial-led model and geographic footprint.
• IDI Logistics: IDI Logistics is a fully integrated industrial real estate platform developing, leasing, and managing distribution centers across major U.S. markets, with a comparable full-cycle development approach.
• TradeLane Properties: TradeLane is Phelan's existing co-development partner on TLP Park 88 and is itself a logistics-focused industrial developer in U.S. markets — directly comparable in business model and product type.

Broad incumbents

• Duke Realty (Prologis): Duke Realty, now part of Prologis, is a leading publicly traded industrial REIT and developer operating at massive scale across U.S. logistics markets — overlapping with Phelan's industrial focus but at a substantially larger and publicly traded scale.

Market position

Strengths4 records

Weaknesses4 records

Key risks5 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/phelan-development-company-llc

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 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 Phelan Development Company