Investment Philosophy

Westrock Development focuses on value-added real estate investments in the New York Tri State area. The company's competitive advantage lies in its ability to find properties that are undervalued due to mismanagement, lack of marketing, environmental encumbrances, or general neglect. Westrock has the experience to solve these problems and develop or re-develop properties to create extraordinary value for its investment partners and enhance the communities in which the real estate is located. These investments fall into several categories:

  • Industrial Renovation. Westrock remediates, renovates and re-tenants industrial buildings.
  • Conversion of Industrial to Retail. Westrock converts obsolete industrial buildings in good retail locations into dynamic retail centers.
  • Retail Re-Development. Westrock renovates and re-tenants aging shopping centers and converts them into aesthetically pleasing buildings that serve the needs of the local community.
  • Urban Renewal. Westrock works with government programs to develop affordable and low income housing and mixed use projects.
  • Vacant Land Development. Westrock takes vacant land through the approval process and turns it into vibrant retail and mixed used developments.
  • Well-priced Stabilized Assets. Westrock acquires many types of properties with existing cash flow to add to the Westrock portfolio.

Principals and brokers are welcome to submit properties available for purchase.