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President, Ashford Partners, LLC

As President/Principal of Ashford Partners, LLC, Terry Palmer is responsible for the overall development of new real estate opportunities, including land acquisition, site selection, building design, arranging financing for new assets and re-financing for existing properties, and construction management.  Mr. Palmer has specialized in turnkey projects that require close supervision from inception to completion.

Prior to starting Ashford in 2003, Mr. Palmer was active in developing and building Class “A” office buildings, medical offices, retail drug stores, shopping centers, light industrial and institutional properties.  In addition to building and developing properties, Mr. Palmer also was a consultant for the construction of Pennsylvania General Energy Corporation Headquarters in Warren, Pennsylvania.

Current and recent projects include a 50,000 square foot, $7.8 million Class “A” office building in O’Hara Township, PA, a 15,000 square foot, $3.5 million surgical and medical office building in Warren, PA, a 22,500 square foot, $5 million office building for the United States Department of Agriculture in Warren, PA and a 185,000 square foot, $15 million dollar industrial park in Imperial, PA.

Mr. Palmer gained extensive real estate experience working as head of the real estate and construction department of McKnight Development for almost twenty years. McKnight developed and operated 48 Wendy’s Restaurants, in Western Pennsylvania along with bowling centers, Chuck E. Cheese Restaurants and numerous other retail and commercial properties. During his long tenure with McKnight, he was involved in over seventy five development and construction management projects and was responsible for all real estate acquisitions, site selection, construction management and the property management.  Additionally, as President of McKnight’s construction company Jabille Development, he also developed a $5 million multi-family condominium development in Edgewood, PA, performed construction services for projects at Shadyside Academy, West Penn Hospital, Jewish Education Institute and various other commercial and institutional projects totaling over $30 million of construction costs.

With his strong background in development and construction, a working knowledge of commercial and light industrial real estate, in the states of Pennsylvania, New York, and New Jersey, Mr. Palmer has demonstrated his ability to perform.  In addition to his years of experience, Mr. Palmer has completed college courses in Civil Engineering Technology and the Dale Carnegie Business Course.  He is also a licensed Real Estate Sales Associate in the Commonwealth of Pennsylvania.

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