Our Mission
To treat every property as if it were our own business, by building and implementing a unique strategic plan to maximize asset value.
Terraco History
Founded in late 1985 by Scott and Lisa Gendell, Terraco has grown into a full-service real estate development, brokerage and management company with assets in 12 states. Originally focused on neighborhood shopping centers, Terraco has broadened its arc to include medical, office, residential and mixed-use properties.
Based in Wilmette, Illinois, Terraco has owned and managed properties from California to Florida and up Atlantic Coast. Terraco owns or manages over 80 properties comprising over 5,000,000 square feet with responsibilities for over 500 tenants.
Terraco’s third party management division encompasses over 50 properties and entails close coordination with Institutional owners and “high net worth” investors.
“In House” services include accounting, construction, legal and the ability to source outside counsel, lenders or insurance needs.
In addition to management services, Terraco will zone, plan and facilitate “ground up” or repurposement of development parcels on a fee basis. Terraco’s depth, breadth and reputation has grown over nearly four decades since our founding. We are constantly seeking to expand and service our clients, and the communities we call home.
Our Tenants
We have been involved in more than 2,000 lease transactions. Some tenants include:
