Peter McCuen's companies have set the standard for quality commercial development in the Sacramento Region since his firm was established 1980. To complement its primary focus as a development company and provide a full range of real estate services to its public and private sector clients, McCuen Properties has diversified into property management, construction management, asset management, development management and brokerage services. Our multi-disciplinary professional staff has exceptional capabilities in each of these areas that are unmatched in the region. These multiple talents give us the flexibility to participate in a development project as a partner, a fee developer, or stand-alone owner.
Commercial real estate projects developed by McCuen Properties in the Sacramento area include several large acreage business parks with more than 100 office and light manufacturing buildings totaling more than three million square feet. McCuen Properties developed the region's first master planned business and technology campus, Prospect Park, in Rancho Cordova in 1980. This pioneering development changed the character of regional commercial development and substantially influenced the economy, land uses, and urban form of the greater Sacramento region.
The firm's expertise in all phases of development is matched by the technical know-how to realize a diverse range of product types, including office buildings, data centers, telecommunications facilities, military base reuse, high-technology R&D centers, hotels, and downtown and riverfront redevelopment projects. We add value to projects through our in-house technical expertise in planning and design, infrastructure strategy, construction, finance and marketing. The extensive backgrounds that the members of our professional staff have in the technology industries gives McCuen Properties a rare ability to produce challenging specialized facilities in a timely and cost effective way. Our unusual level of in-house expertise enables McCuen Properties to be flexible and immediately responsive to the market, producing smart developments that minimize risk while maximizing value.
An Entrepreneurial Development Team
Creativity, innovation and the entrepreneurial spirit define the corporate culture at McCuen Properties. Our multi-disciplinary professional staff is uniquely qualified with a deep knowledge of
- the development, construction and real estate industries;
- legal and tax issues related to these industries;
- local, national and international financial markets;
- the intricacies of guiding projects through the public and political processes; and
- a marketing acumen that creates long-term value and enables owners and investors to achieve a higher return on their investment.
The expertise of our professional staff is based on extensive practical field experience, as well as formal education. Staff members have a crossover understanding of the multiple disciplines that form McCuen Properties' core competencies and work collaboratively to satisfy the needs of clients, tenants and development partners.
The nucleus of McCuen Properties' well-honed management team has worked together for 15 years, which is highly unusual in a development company. Our entire team has worked with our company founder, Peter McCuen, to articulate the company's ideals and create the excellent reputation that McCuen Properties enjoys, and continues to manage the firm today.
Finance
McCuen Properties has the in-house expertise to arrange creative, sophisticated solutions to complex questions of finance and taxation related to development. Our comprehensive knowledge of money markets enables McCuen Properties to obtain financing from REITs, banks, insurance companies, and finance companies. Our professional staff is skilled in crafting multi-party, project-based agreements that match equity partners with lenders, and in structuring financing through tax-free bonds for public projects. Motivated to achieve maximum return on investment, our staff has a thorough understanding of risk parameters and how to structure yield on investment for both long- and near-term ownership strategies.
The Public and Political Process
For two decades, McCuen Properties has successfully obtained entitlements for a variety of project types from jurisdiction in the four-county Sacramento region and from California state agencies. We have a broad knowledge of the political and regulatory processes and of the goals pursued by each jurisdiction and agency. Our professional staff enjoys close relationships with elected officials, public agency staff, and other decision makers throughout the region. Rigorous experience in public/private relationships has given McCuen Properties the ability to coordinate the deliberative pace of public sector development with the faster pace of private sector activity. Our track record of successful development and our reputation for integrity gives public sector clients a high level of confidence in dealing with McCuen Properties.
We have a unique ability to assess a political environment and adapt a project to ensure that it responds to that environment. Consensus building is an important requirement on every project in the Sacramento region. McCuen Properties is adroit at informing the community, soliciting comments and incorporating ideas into the final product in a way that fosters community support for the project.