Scott H. Gendell founded Terraco in 1985. We specialize in retail, office, medical and mixed-used properties, with an emphasis on neighborhood and community shopping centers and single-purpose retail destinations. Terraco has owned, developed and operated real estate in nine states, with a focus on the Chicago area, Northern Illinois and the Midwest.
Terraco has developed more than 100 properties totaling over 5 million square feet on over 1,000 acres. We have subdivided large land tracts for mixed-use projects including residential, office and retail elements. We have worked with more than 50 municipalities and established a reputation for innovation in site planning and architectural and landscape design. Client-owned properties account for more than half of our management contracts.
We have been involved in more than 2,000 lease transactions. These tenants include Walgreens, CVS, Walmart, Target, Trader Joe’s, Whole Foods, Mariano’s, Portillo’s, McDonald’s, Burger King, Home Depot, Lowe’s, Target and Barnes and Noble.
We treat every property as if it were our own small business, building and implementing a unique strategic plan to maximize asset value.