What GHK Developments does

GHK Developments, Inc. is a family-owned commercial real estate developer headquartered at 3920 Magazine St., New Orleans, Louisiana, that has operated continuously since 1978 (under the G.H.K. Developments name since 1989) and traces its principals' commercial real estate activity to 1969. The firm specializes in build-to-suit development of single-tenant retail and self-storage properties across the southeastern United States, with selective forays into Michigan, Indiana, and Wisconsin. Its core product is end-to-end development services — land acquisition, entitlements, construction management through partner WIMCO Corp, and either sale or long-term hold of the completed asset — executed against standardized prototypes for national tenants.

GHK's portfolio is anchored by long-standing relationships with Walgreens (115+ stores delivered, including the chain's 5,000th and 6,000th U.S. stores), Winn-Dixie (10 stores), Publix (3 stores), and Extra Space Storage (multiple facilities across FL, LA, NC, MI, IN, and WI). The company also develops medical office buildings and multi-tenant shopping centers. Cumulative development exceeds 5 million square feet of gross leasable area at a development cost exceeding $600 million.

Revenue is generated on a project-by-project basis through development fees, property sales, and held rental income from owned income-producing assets. The firm operates with a lean team of 1-10 employees and outsources construction execution to WIMCO Corp under a multi-decade primary-builder relationship. There is no evidence of external institutional investment, and ownership and operational control rest with the Kolb family, with Gordon H. Kolb Jr. serving as President since 2015.

Name

GHK Developments

Legal name

GHK Developments, Inc.

Website

https://ghkinc.com

Company type

Private

Founded year

1969

Operating status

Operating

Headcount range

1–10 employees

Short description

GHK Developments is a family-owned New Orleans commercial real estate developer specializing in build-to-suit single-tenant retail, self-storage, and shopping center projects for national tenants such as Walgreens, Publix, Winn-Dixie, and Extra Space Storage across the southeastern United States.

Ownership category

akta.pro rank

Headquarters

HQ city

New Orleans

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Operations, Supply Chain, Personnel, Marketing or Sales, Others

Revenue model

1. Commercial Real Estate Development: The company generates revenue through developing, acquiring, owning, and selling commercial and income-producing properties. Revenue is generated from development fees, property sales, and long-term ownership of commercial real estate assets including shopping centers, single-tenant retail stores, and self-storage facilities.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels1 record

Core offering

GHK Developments is a commercial real estate developer that acquires, develops, owns, and sells build-to-suit retail, self-storage, and shopping center properties for national tenants across the southeastern United States. The firm handles end-to-end development — site selection, land acquisition, entitlements, construction management, and delivery — and has completed over 5 million square feet of commercial space at costs exceeding $600 million for clients including Walgreens, Publix, Winn-Dixie, Eckerd Pharmacies, and Extra Space Storage.

Product overview

GHK Developments, Inc. is a commercial real estate developer serving the southeastern United States since 1972. The company specializes in the acquisition, development, ownership, and sale of commercial and income producing properties, including shopping centers and single-tenant stores for major brands such as Walgreens, Publix Grocery Stores, and self-storage facilities. The company has also developed medical office buildings and has completed over 5 million square feet of gross leasable area at a cost exceeding $600 million.

Differentiator

Problem solved

Functional benefit

Products and services

• Build-to-Suit Single-Tenant Retail Development

Quantifiable outcome

• Developed over 5 million square feet of gross leasable area at costs exceeding $600 million
• +2 more outcomes

Named customers5 records

Segments4 records

Ideal customer profiles3 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.

• WIMCO CorpcoreImplementation/ SI/ Consulting PartnerWIMCO Corp serves as the primary construction/builder partner for GHK Developments. According to WIMCO's CEO Kevin Rawls: 'GHK Developments is a first class organization from top to bottom. WIMCO has built for GHK for many years and consider them family.' This long-term relationship demonstrates deep integration between the two companies in development projects.

Scale indicators4 records

Recent moves8 records

Expansion highlights4 records

Market position

Competitive moat4 records

Key risks6 records

Key highlights5 records

Customer concentration

• LinkedInlinkedin.com/company/g.h.k.-developments-inc.

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 records

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 GHK Developments