Richardson Properties (NC)

Richardson Properties (NC) is a private real estate investment company with a founding year of 1921. The company, which focuses on real estate development in NC/SC/VA, prides itself on being an equity joint venture partner. Richardson Properties owns and partners in various office, industrial, retail, and apartment properties, leveraging its financial strength and extensive experience in development, construction, property management, and leasing to enhance the value of its assets. The company's commitment to being a proactive partner is evident in its involvement throughout the project lifecycle, including sharing in the completion and pro-rata loan repayment guaranties.

Owned by the Richardson family, with a notable history rooted in the establishment and growth of Richardson-Vicks into a Fortune 250 company, Richardson Properties has a legacy spanning over 100 years. It follows a non-rigid hold period philosophy, usually opting for medium to longer-term property ownership, prioritizing location quality over price. Notably, Richardson Properties engages in multiple simultaneous deals, often overseeing 5+ construction projects concurrently. Its partners range from smaller regional developers to nationally recognized firms, demonstrating its willingness to collaborate across different scales of ventures. As of now, specific details about the headquarter and last investment are not available, signaling potential for future growth and expansion.