NexCore Group LP
Corporate Headquarters
1621 18th Street
Suite 250
Denver, CO 80202
303.244.0700 main
303.244.0720 fax
East Coast Office
2 East Read Street
Baltimore, MD 21202
410.244.5426 main
410.244.5428 fax
Midwest Office
5600 North River Road
Suite 800
Chicago, IL 60018
847.993.3001 main
847.292.4404 fax
Since 1990, the partners of NexCore Group have created responsive real estate solutions for clients across the U.S., generating four million square-feet of healthcare, commercial, and mixed-use projects for local, regional, and national clients. Stemming from Neenan Development Group (NDG), the former real estate division of The Neenan Company, NexCore Group evolved to better serve our clients. The separation allows our clients to select NexCore for real estate services while being able to select other critical team members in design and construction for project delivery. Recognizing that each client may have ongoing relationships, we can collaborate with the appropriate client-driven team to deliver quality projects.
With more than 800,000 square feet currently planned or under development in nine markets, NexCore is well positioned to offer additional options for our clients, create new strategic partnerships, and develop new investment opportunities for our equity investors and client/tenant partners.
Focusing on a Long-term Investment Horizon
NexCore Group maintains a national focus, capitalizing on a vast network of equity relationships. In addition to our traditional development role, we are expanding into new markets with:
- Acquisitions for our healthcare and commercial clients.
- Re-capitalization and monetization of client's healthcare and commercial assets.
- Purchase and retrofit of existing properties and re-positioning assets through change in use.
- Equity sourcing, placement and procurement through our capital markets group.
With continued long-term ownership investment in our developments and portfolio acquisitions, we have enhanced financing options and greater flexibility in both debt and equity structures. This overall portfolio approach, coupled with the scale of our projects, attracts efficient and competitive capital, driving down the cost of occupancy and creating greater enterprise value for our clients.
Creating Value for Clients and Investors Through Innovative Healthcare and Commercial Development Transactions
At-A-Glance
- Equity Over $118 million placed
- Construction and Permanent Debt Financing Approximately $365 million
- Total Projects 52
- Total Square Feet Developed over 4 million
- Total Construction Cost of Developed Projects Over $630 million
- Current Portfolio Under Management $300 million and 1 million SF
- Planned and Under Development $140 million, 800,000 SF in 8 markets
- Total Real Estate Financial Transactions $785 million
Region Map
