As 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, including 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.
Mr. Palmer gained extensive real estate experience working as head of the real estate and construction department of McKnight Development for eighteen 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.
Since 2003, Mr. Palmer was instrumental in the acquisition and development of approximately $70 million dollars of commercial real estate specifically commercial office and light industrial properties.
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.