The DESCO Group, Inc. is a real estate company specializing in development, construction management, investment management, property management, and brokerage services. Founded in 1993, DESCO is led by CEO Mark Schnuck, who continues the legacy of the entrepreneurial Schnuck brothers. The company operates in more than a dozen Central, Mid-South, Southwest, and Southeast states, with a focus on innovative, complex, and challenging projects such as University Commons, Ladue Crossing, and the Old Post Office in downtown St. Louis. DESCO's diverse development portfolio spans historic landmark renovations, regional shopping centers, medical office spaces, office parks, and urban/suburban renewal projects. The company currently manages over 6 million square feet of buildings valued at $700 million, with a further 2 million square feet under development, totaling over $200 million in projected development costs. With a track record of successful and creative real estate solutions, DESCO drives economic growth through its innovative developments. The company's recent milestone includes a $7.00M Venture Round investment on 23 August 2017. DESCO's ability to apply vision and perspective to real estate solutions has been instrumental in reaching strategic objectives and maximizing financial returns. Headquartered in the United States, DESCO is positioned as a key player in the real estate industry, leveraging its experience and expertise to unlock overlooked opportunities and make a lasting impact on the real estate market.
Funding Stage | Amount | No. Investors | Investors | Date |
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Venture Round | $7.00M | - | 23 Aug 2017 |
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