Delivering Trust and Stability in Uncertain Times
Cincinnati, OH | 11.6.2020 | – Douglas Compton, Sr. and R. Mark Addy, well known commercial real estate veterans have recently combined their equity and expertise to form ComptonAddy, a commercial real estate company based in Cincinnati, Ohio. ComptonAddy will provide a full range of commercial real estate development services focused primarily on retail, multi-tenant, and medical build-to-suit projects throughout the United States. When asked if now is a good time to start a new real estate business, Compton replied:
“We haven’t noticed any significant slowdown with our tenants because they realize that necessity-based real estate is now more important than ever as the U.S. adjusts to the current environment.”
ComptonAddy was formed on the foundation of trust and relationships, making them an outstanding partner –made readily apparent by their robust pipeline, comprised of mainly repeat tenant relationships like Panera Bread, Starbucks, and Shoot Point Blank. “Our restaurant tenants know that carry-out and drive-through capabilities are now critical for success,” added Compton. The leadership and development experience compiled by Principals Compton and Addy set the gold standard for the commercial real estate industry. As Addy states: “ComptonAddy has the capital and the expertise to help tenants thrive amongst the ever-changing retail environment.”
The partners have more than 30 years of experience. Compton previously served as an owner and founding partner in Anchor Retail Solutions/Anchor Development and has managed and partnered in more than 200 development projects across the country. Addy is a former C-suite executive of the grocery retail giant Phillips Edison & Company – where he raised over $3 billion dollars in equity to help drive the growth of the company’s REIT business.
Together, the ComptonAddy team is preparing for a busy year of helping tenants relocate to more desirable locations and redeveloping existing locations to accommodate drive-through or the newly sought after curbside pickup experience. The ComptonAddy name might be new, but their unparalleled expertise and long-standing relationships are worth noting as they prepare to dominate the Midwest market and beyond.
