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Wadsworth Development Group

Draper, UT

Founded in 1996

Wadsworth Development Group ("WDG”) is a vertically integrated regional real estate firm. The company provides development, management, and brokerage services throughout the intermountain west for a wide range of clients and partners. The Wadsworth family started its real estate venture in 1996 by leaning on its multi-generational general contractor experience to develop a $17 million (130 thousand square-foot) office park in its hometown. The firm, with 23 employees, is currently active in the Intermountain West and across multiple asset types, including industrial, office, retail, multi-family, and hospitality. Wadsworth currently owns and manages over $300 million of assets and has over $180 million presently in development. WDG has two subsidiary businesses, Wadsworth Preferred Development ("WPD”) and Wadsworth Property Management ("WPM”). WPD creates value through developing short-term net-lease real estate on behalf of expanding corporate clients. For example, Starbucks has hired WPD to acquire strategic sites and develop buildings to support their expansion efforts. WPD also has a brokerage arm that provides services to the same clients who are looking to lease existing space. WPM maintains value through the asset management of the entire portfolio to class A standards, and enables WDG to intimately understand what makes a valuable long-term asset.