MRI’s consulting and advisory team combines experience and research to offer custom analysis and consulting.
As a service partner, we treat an owner’s assets and their money as if they were our own.
Our blend of construction and real estate-industry experience gives us a unique ability.
With over 20 years of experience in construction, we offer a long, stable track record of successful construction projects.
Planning expertise is critical to the economic success of any retail development.
MRI maintains excellent relationships with major banks, life insurance companies, and other financial institutions.
An Owner’s Perspective
Maximizing the value of an asset, particularly in challenging leasing markets, requires keen market awareness, rigorous controls, and careful oversight. The MRI team brings more than 50 years worth of experience as an owner-operator who successfully navigated through every type of market. As a service partner, we treat an owner’s assets and their money as if they were our own.
In addition to our presence in the office building development and management sectors, MRI is known for our work with other property types including shopping centers, warehouses, multi-family, hospitality, and land acquisition. We offer a unique combination of big company capabilities and small company accessibility.
Maximizing Value of Real Estate Investments
At MRI, we develop and execute business plans and budgets to reflect an owner’s individual objectives and priorities. We scrutinize expenses to identify savings that will not compromise safety, comfort, or value. We work tirelessly with the leasing team to find and capture every opportunity. Income, leases, and contracts are all carefully tracked and managed. Since we are a fully-integrated group, we offer in-house professionals with real-world real estate experience to guide projects through the entire life-cycle:
Acquisition
Financing and refinancing
Recapitalization or restructuring
Expansion, repositioning or redevelopment
Disposition
The Best Value
More senior executive involvement, great resources, proven performance, and highly competitive fees make us your best value in the Florida area. MRI executives have collectively acquired, developed, constructed, financed, managed and sold literally hundreds of millions of dollars of real estate in this marketplace.
The MRI Promise
MRI promises to provide superior real estate management, leasing, construction, and development services, delivering impeccable results and the highest quality projects that exceed the needs and expectations of our clients. We achieve this by relying on proven construction, development, and real estate professionals who are committed to innovation, collaboration, and the relentless pursuit of excellence.
MRI Construction & Development is distinct from other area companies in our field. Our blend of construction and real estate-industry experience gives us a unique ability to understand what works in completed facilities. We are composed of an experienced team of highly experienced and accredited professionals who are personally committed to every project.
We believe that unmitigated success is the only option, so we take the lead on every project and stay with it until its successful completion. We listen to our clients and apply their input to tailor our process to meet their individual needs. In the end, our honesty, flexibility, creativity, and hard work allow us to deliver superior results for a wide range of commercial and institutional clients. Our work makes projects better.
MRI’s development and construction management approach
is founded on the following four principles:
COLLABORATION
The entire project team creates a network of relationships, leveraging a diversity of knowledge and skills. We build communication and understanding to ensure the success of each
project so that each client achieves their desired results.
Creativity
At MRI, we think outside of the box, producing new ideas, approaches, and actions to achieve the goals of each client.
Service
This is our priority to each and every client. Service is more than doing our job; service stems from a core set of values that reflect our desire to deliver the best results to each client.
Integrity
Our integrity is not conditional. It comes from a pursuit of honesty and accountability, not the relentless quest for profits. It shows the consistency of our actions and the results of
our projects.
MRI licensed as a General Contractor in the State of Florida. It is a privately owned company with roots in the Tallahassee Florida area. With over 20 years of experience in the construction & real estate industry, we offer a long, stable track record of successful construction projects. MRI’s corporate headquarters, located in Midtown Tallahassee, and virtually all of our business is conducted within the local metropolitan area. MRI Construction & Development is a multi-disciplined service company providing construction services, HVAC, and roofing systems.
The diversity of MRI’s portfolio and our client’s holdings demonstrates our ability to complete projects for our clients ranging from Class A office buildings and retail centers, all the way to historic restoration/renovations. Whatever your project needs, MRI Construction & Development LLC can manage it for you.
Project Approach
The MRI project team uses a hands-on, results-oriented approach to problem solving and achieves project goals through a blend of in-depth construction experience, practical business sense, and proactive management style. We treat each project as if it were for our account by assigning a corporate officer as the hands-on Project Leader and primary contact person. The MRI team has written and negotiated millions of square feet of design contracts and millions of dollars in construction contracts. We do not bring in senior management just to win the project and then assign the work to junior staff. Our key personnel is the one on the front line with each client, all the way to the project’s successful completion.
Senior team members are graduate architects and engineers with the experience to overcome project time and resource constraints. Virtually all of our projects have fast-track schedules, so we excel in leading project teams to produce cost effective solutions and meeting deadlines. MRI utilizes the latest in project management and scheduling software to keep the project team on track and up-to-date with current information. Project goals are met through a combination of daily tracking, frequent meetings, and site visits which include:
Regular field coordination meetings
Weekly progress meetings with the design team and Owner to review project status
24/7 availability to respond to clients and any needs that may arise
Present day regulations and agencies frequently provide significant challenges for developers and property owners seeking entitlements and land use approvals. Zoning and regulatory controls are increasing in number and complexity. New legislation and case law are constantly changing. Local politics and public opinion often exert a strong influence. Thus, the entitlement process can be difficult and uncertain. With respect to our retail clients, planning expertise is critical to achieving the proper tenant mix, circulation, and parking arrangements that are crucial to the economic success of any retail development.
The MRI Construction & Development team has a broad and comprehensive background in planning. Our many years’ experience providing planning services to our clients is invaluable to streamlining the entitlement process, which translates to saving time and money. The planning services provided by MRI Construction & Development include:
Zoning and Planning Analyses
Site Selection
Development Feasibility Analysis
Site Planning
Conditional Use Permits and Related Entitlements Processing
Visual Impact Assessments
GIS Mapping
Environmental Impact Assessments
Recreation, Park, and Open Space Planning
The MRI Team has extensive experience in all phases of the real estate development acquisition and disposition process, including due diligence and financial structuring. This group has also financially engineered many creative refinancing vehicles for MRI’s extensive portfolio. The team has been intimately involved with multiple property types including office buildings, shopping centers, mix-use, warehouse/flex space, and commercial land.
The team has successfully acquired debt and equity capital for MRI ventures through MK Capital (a subsidiary of MRI), as well as third-party clients. MRI maintains excellent relationships with major banks, life insurance companies, and other financial institutions. Creative capital is also acquired through MRI’s interaction with investment bankers and institutional investors.
The members of this team have many years of hands-on experience. Working together, they effect a smooth and seamless process and integrate each of the other MRI groups into the transaction whenever necessary.