Large Scale Commercial Development

Large Scale Commercial Development
Large scale development refers to any such building that has an area with 9000 square footprint or greater or 5 stories in height or more; while a commercial development refers to any commercial building area including outdoor display and sales area with the above mentioned area size. Although it is seen that real estate sector has taken a serious plunge in the current recession times, but now experts have predicted that the return to large scale commercial development will benefit the industry in the long run.
Buying into large scale commercial development is also considered the best recession proof investment. It is one of the best ways to amass a lot of wealth without investing a lot of money. You can purchase a commercial property, lease it, and get the leasing company to pay the down payment on the purchase. The office vacancy rates have seen a rise in the recent times due to rise in demand for office spaces and other types of commercial properties. As the real estate sector is affected by the demand and supply, therefore it is predicted that large scale commercial development will witness a huge ascension.
The Diversified Group based in Las Vegas, Nevada is one of the companies specializing in large scale commercial development. The company deals in large scale commercial properties in five states including Arizona, Colorado, Georgia, Nevada, and Texas. Diversified Group undertakes large scale properties including Park Place area in Arizona and a few others.
Diversified Group was founded by Philippe Pageau Goyette who is also the President and CEO of the company and oversees all aspects of its business including acquisitions, entitlements, design, accounting, sales, and marketing. It is only through Philippe Pageau Goyette’s vision and fifteen years of experience in the real estate investment and development that has made this small business entity into a fully fledged real estate development and investment company with assets more than $1 billion across the United States and Canada.