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![]() Westco Development, Eastco Development, with over 30 years experience, is a fully integrated real estate company which acquires raw land, develops, leases, markets and manages shopping centers and mixed use projects and joint ventures. Westco Development a subsidiary of Eastco Development formed in 1995 has developed more than 5 million square feet of regional, destination, lifestyle, Big Box and grocery anchored centers; including mixed-used projects with retail, hotel, movie theaters, office, entertainment, restaurant and residential components. Westco Development is known for their foresight, integrity and fast tracking approvals for their projects. They are dedicated to creating retail synergy through “necessity driven” projects to ensure their tenant’s continued success. Westco Development also offers advisory services in all aspects of real estate development, asset acquisition/disposition, re-development, as well as, construction management and building cost containment. Westco Development's CEO and founder, Robert Castells, was a partner of Starwood-Ceruzzi from 1985 to 1995 prior to establishing his own firm. Starwood-Cerruzzi is a private REIT formed between Starwood Hotels/Starwood Capital and Ceruzzi Properties, where Robert Castells served as a Principal/Executive Vice-President of all Starwood-Ceruzzi real estate divisions. During this period Mr. Castells was involved in the development in excess of 6 million square feet of office parks, shopping centers, mixed-used projects and 30 full service hotels. The hotels were sold to Starwood Hotels separately from the private REIT Starwood-Ceruzzi. Westco Development / Eastco Development & Advisory Services/Joint Ventures Westco Development also offers advisory services in all aspects of real estate development, asset acquisition/disposition, re-development, as well as, joint ventures, construction management and building cost containment.
Westco Development Leasing services to clients provides 30 years of expertly placing over 100 credit tenants in ground-up, as well as existing shopping centers via well established relationships with the decision makers at their real estate departments. If the client's land location and the demographics are positive, Westco Development can ussually not only find the appropiate tenant for the site , but often because of our experience and relationships we have a high success rate in getting the tenant to commit and enter into a long term initial term lease by providing the tenant with the reason why they should open a store at the given location. |
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