We create developments that inspire, energize and engage.
Crescent Communities is a nationally recognized, market-leading real estate investor, developer, and operator of mixed-use “communities”. We create high-quality, differentiated multifamily and commercial communities in many of the fastest growing markets in the United States. Since 1963, our development portfolio has included more than 86 multifamily communities and 25 million square feet of commercial space. Crescent Communities has offices in Charlotte, D.C., Atlanta, Orlando, Nashville, Dallas, Denver, and Phoenix. Our multifamily communities are branded NOVEL, RENDER and HARMON by Crescent Communities, our industrial developments are branded AXIAL by Crescent Communities, and our life science developments are branded THE YIELD by Crescent Communities.
THE YIELD HOLLY SPRINGS Holly Springs, NC
AXIAL 301 MANATEE Bradenton, FL
NOVEL RINO Denver, CO
ELIZABETH ON SEVENTH Charlotte, NC
NOVEL BEACH PARK Tampa, FL
We focus on developing the most innovative places for today’s – and tomorrow’s – market. With that in mind, our businesses span the realm of community creation.
Multifamily
• 60 communities developed and sold to date representing $4B in development value
• 22 NOVEL and RENDER communities under construction and operations include 6,700 units and $2.1B in investment
• 24 NOVEL and RENDER communities in pipeline including over 7,300 units and $2.8B in investment
Office
• From creative office to build-to-suit developments, we develop everything from niche to multi-million square foot office buildings
• Deep history of 13MM SF of office developments completed since 1990
• Active and recent portfolio of over 1.2MM SF under construction, operating and 1.4MM SF in pipeline development
Single Family Build-to-Rent
• Launched HARMON by Crescent Communities in 2021
• 9 HARMON communities in portfolio with 1,118 homes under construction and pipeline representing $454MM of investment
Life Science
• Launched The YIELD by Crescent Communities brand in 2022
• First development completed, sold and included 210K SF of lab and bio-manufacturing space
• Under construction and future development represents $150MM invested across 2 Life Science and advanced manufacturing developments
Industrial
• Launched AXIAL by Crescent Communities brand in 2022
• Current portfolio of nearly 3MM SF under construction and operating representing $325MM of investment
• Future portfolio of nearly 1.2MM SF in pipeline representing $156MM of investment
Construction
• Captive and licensed general contractor currently operating across the Southeast in Charlotte, Raleigh, Nashville, Atlanta and Orlando
• Completed over 4,500 units and over 2,000 units under construction
• Nearly 1,000 additional units planned to start construction and targeting $204MM in Annual Revenue in 2024
• Currently expanding our platform to include Industrial construction
River District
• 1,400 acre master-planned community in Charlotte including 550 acres of open space
• Nearly 5,000 residential homes and 8MM SF of office/retail planned
• Charlotte’s first riverfront park open to the public
• Phase 1 Builder partners: Toll Brothers, DRB Homes, Saussy Burbank, David Weekley
Investment Management
• Raised first fund in 2022 of nearly $200MM with an Opportunistic Development strategy
• Planning next series of funds, each with a unique but complementary investment strategy
• Long term objectives to reach $10B in AUM
Spanning the U.S. Highly Desirable Geography Investment Footprint
Charlotte, NC Raleigh, NC
Greensboro, NC
Washington, DC
Richmond, VA
Greenville, SC
Charleston, SC
Atlanta, GA
Salt Lake City, UT Phoenix, AZ Markets (18) Offices (8)
Orlando, FL
Tampa, FL
South Florida Nashville, TN Dallas, TX Austin, TX Houston, TX Denver, CO
When it comes to finding the right industrial developer
to get the job done, AXIAL Industrial by Crescent Communities is the obvious choice. We have the resources and talent needed to develop a wide range of projects from manufacturing to bulk distribution and warehouse spaces. Every development we tackle is executed with excellence to match our best-in-class reputation with the thoughtful proficiency our clients have come to expect. Because our job is developing the right place for you to do yours. Let’s get it done together.
What we do
We get the job done
We develop speculative AND buildto-suit properties in the locations you want with the efficiency you need.
Our industrial leadership team has experience in over $660MM in completed projects combined.
Crescent Communities’ Industrial portfolio totals nearly 2.9MM SF in development or operating.
Over 14.5MM SF of industrial projects and counting.
AXIAL CROSSPOINT Greenville, SC
AXIAL SOUTHGATE 77 Rock Hill, SC
AXIAL BONDS FARM Charlotte, NC
The AXIAL way
AXIAL by Crescent Communities makes the complex process of selecting the right industrial space easier through a personalized approach of working together. During each phase, from sourcing locations to final details, the AXIAL brand consistently delivers a superior portfolio, keeping true to deadlines and promises with integrity.
The AXIAL difference
AXIAL is the industrial brand under Crescent Communities, a nationally recognized, market-leading real estate investor and developer. Our development team is passionate about delivering exceptional industrial developments that create significant value for partners. With customer needs guiding AXIAL by Crescent Communities’ every move, each project is executed with excellence and efficiency to match the best-in-class reputation clients have come to expect.
We prioritize
Creative solutions that satisfy a variety of tenant needs throughout the whole client experience.
Excellence in every area, including decades of industry expertise and open communication.
Commercial: Industrial Leadership
With a leadership team that has experience in completing more than $660MM in industrial projects, we have the knowledge and experience needed to develop properties with careful attention to detail. We’re one of the few major developers out there with an extensive portfolio of multifamily, life sciences, office and industrial projects, so you can feel confident in the breadth of our capabilities.
BRENDAN PIERCE
President: Commercial bpierce@crescentcommunities.com
CHASE KERLEY
Managing Director: Commercial ckerley@crescentcommunities.com
NED AUSTIN
Vice President: Leasing & Asset Management naustin@crescentcommunities.com
SEAN MCMULLAN
Vice President: Capital Markets smcmullan@crescentcommunities.com
ANTHONY PARKER
Director of Development: Industrial aparker@crescentcommunities.com
DANIEL COOPER
President: Construction dcooper@crescentcommunities.com
ERIC ROTHROCK
Sr. Vice President: Pre-Construction erothrock@crescentcommunities.com
ERIC PERKINS
Manager: Pre-Construction eperkins@crescentcommunities.com
JOHN TAYLOR
Vice President: Construction Commercial jtaylor@crescentcommunitites.com
JOSH NORRIS
Senior Construction Manager: Commercial jnorris@crescentcommunities.com
BEN DOUGLAS
Development Manager bdouglas@crescentcommunities.com
About Crescent Communities
Crescent Communities is a nationally recognized, market-leading real estate investor, developer, and operator of mixed-use “communities”. We create high-quality, differentiated multifamily and commercial communities in many of the fastest growing markets in the United States. Since 1963, our development portfolio has included more than 86 multifamily communities and 25 million square feet of commercial space. Crescent Communities has offices in Charlotte, D.C., Atlanta, Orlando, Nashville, Dallas, Denver, and Phoenix. Our multifamily communities are branded NOVEL, RENDER and HARMON by Crescent Communities, our industrial developments are branded AXIAL by Crescent Communities, and our life science developments are branded THE YIELD by Crescent Communities.
65 Industrial Projects since 1993 totaling nearly 14.5MM SF in the East Region
At THE YIELD, we’re breaking ground on adaptable campus opportunities so you can create groundbreaking work.
THE YIELD WAY
By combining our Commercial platform capabilities –industrial, office and community planning – we provide a unique perspective by listening to the needs of life science, biomanufacturing and innovative companies seeking speedto-market and high quality, campus-like settings with access to both infrastructure and talent.
Located in one of the fastest growing regions of North Carolina and the #4 Life Science cluster in the country, THE YIELD has two premier life science campuses currently underway.
• 150-Acre life science campus
• Up to 2 Million SF of biomanufacturing, office, lab and advanced manufacturing space
• 10+ Building Campus dedicated to life science and advanced manufacturing space
• 83-Acre zoned for life science uses
• Up to 1.3 Million SF of biomanufacturing, office and lab space
• Multiple Building Opportunities, including headquarters campus, build-to-suit and lease options
THE YIELD HOLLY SPRINGS
THE YIELD NORTH
THE YIELD NORTH Holly Springs, NC
THE YIELD HOLLY SPRINGS - Building I Holly Springs, NC
THE YIELD HOLLY SPRINGS - Building H Holly Springs, NC
Expand your business efficiently by utilizing our flexibly designed innovative and biomanufacturing buildings in a campus setting to meet the demands of your company’s needs in an environment where your employees want to work. Our campuses are more than land and buildings; they become a community full of vibrant talent and energy. We shape communities. We shape lives. We shape innovation.
THE YIELD Difference
• Utilize our extensive development and master planning experience
• Build in the right markets to meet the industry needs
• cGMP developed campuses that have amenities and variety in design
• Build speculatively or build-to-suit to meet end user demands with speed and efficiency
• Offer multiple options for real estate solutions – leasing, expansions, purchase and/or ownership
The Life Science industry is fast moving, and we are always looking ahead of the curve to offer the best locations, thoughtful design and the ability to seamlessly weave our campuses into the fiber of the existing community. We make the complex simple. We strive to positively impact communities and local economies. Through relationships, expertise and financial flexibility, we can deliver a real estate solution faster than our competitors.
COMMERCIAL: Life Science Leadership
BRENDAN PIERCE
President: Commercial bpierce@crescentcommunities.com
CHASE KERLEY
Managing Director: Commercial ckerley@crescentcommunities.com
SEAN MCMULLAN
Vice President: Capital Markets smcmullan@crescentcommunities.com
RICK VOIGHT
Vice President: Capital Markets rvoight@crescentcommunities.com
DANIEL COOPER
President: Construction dcooper@crescentcommunities.com
JOHN TAYLOR
Vice President: Construction Commercial jtaylor@crescentcommunitites.com
ERIC ROTHROCK
Sr. Vice President: Pre-Construction erothrock@crescentcommunities.com
ADAM GOLDSMITH
Sr. Pre-Construction Manager agoldsmith@crescentcommunities.com
Projects
210,000 $35.4MM
Under Construction/ Operating Projects
Projects 1 1 317,000 235,000 $150MM $113MM Campus Campus Square Feet Square Feet
Cost
762,000
BUILD
COMMUNITIES
Crescent Communities is a nationally recognized, market-leading real estate investor, developer, and operator of mixed-use “communities”. We create high-quality, differentiated multifamily and commercial communities in many of the fastest growing markets in the United States. Since 1963, our development portfolio has included more than 86 multifamily communities and 25 million square feet of commercial space. Crescent Communities has offices in Charlotte, D.C., Atlanta, Orlando, Nashville, Dallas, Denver, and Phoenix. Our multifamily communities are branded NOVEL, RENDER and HARMON by Crescent Communities, our industrial developments are branded AXIAL by Crescent Communities, and our life science developments are branded THE YIELD by Crescent Communities.
THE YIELD HOLLY SPRINGS Holly Springs, NC
Design and develop commercial developments that orchestrate unsurpassed, community-oriented places that enhance the way people work and play. We examine each community through a variety of lenses, with a consideration to the environment, wellness, and productivity, to provide opportunities for businesses and people to thrive.
CORE COMPETENCIES
HIGH QUALITY DEVELOPMENTS
Attracting corporate offices and a host of Fortune 500 firms and other major institutions including: Ally, Wells Fargo, GE and FedEx
VALUE MAXIMIZATION
Identification and delivery of highest and best use including build-to-suit custom design solutions
TALENT-FOCUSED
Designing to retain, recruit, and enhance talent and productivity
Commercial Leadership
BRENDAN PIERCE
President: Commercial bpierce@crescentcommunities.com
SAGAR RATHIE
Managing Director: Office srathie@crescentcommunities.com
BRYAN BLYTHE
Managing Director: Industrial bblythe@crescentcommunities.com
CHASE KERLEY
Managing Director: Land Acquisition and Life Science ckerley@crescentcommunities.com
RAINER FICKEN
Sr. Managing Director: The River District rficken@crescentcommunities.com
• Culture-driven organization that attracts and engages industry leading talent across multiple product segments
• Unique expertise and proprietary development processes deliver high-quality, differentiated developments in desirable locations with premium valuations
• Our approach to investment sourcing, planning and design, entitlement and execution creates market premiums and superior absorption
• Financially and critically successful multifamily and commercial developments in multiple markets
Our Culture
At Crescent Communities, all are valued for their individual and collective contributions to achieving our goals. Day in and day out, our colleagues enjoy a challenging and entrepreneurial setting, a collaborative and open culture, competitive rewards and a truly flexible work environment.
Fulfilling work is just the beginning. We are committed to DE&I, stewardship, and public art programs that enrich the lives of our colleagues and the greater community.
