Flagler Development Company

Description

Is Flagler a public company? No, it is a private company. In 2007, Flagler’s well-positioned assets, reputation and staff of seasoned real estate executives prompted Fortress Investment Group, LLC to invest in the company, repositioning it as a private real estate investment trust. Today, Flagler is a wholly owned subsidiary of Florida East Coast Industries, Inc. (FECI). FECI is owned by private equity funds managed by affiliates of Fortress Investment Group LLC.

Our company was founded in 1892 by Henry M. Flagler, an American pioneer who played a key role in Florida’s development.

Throughout the nineties, Gran Central grew into a major player in Florida’s real estate industry with 55 commercial buildings and 19,000 acres of land in Jacksonville, Orlando, Fort Lauderdale and Miami. In 2000, the company symbolically returned to its roots when it was renamed Flagler Development Company. And in 2006, Flagler Development Company merged with South Florida’s leading commercial real estate company, Codina Group, transforming the company into the commercial real estate powerhouse it is today.

It has never been more important to entrust your investment to a proven and reputable partner. With unparalleled resources of prime land holdings, Class-A properties, vast capital, world-class service offerings, and a seasoned team of industry veterans, Flagler has all of the necessary tools to deliver a customized real estate solution to satisfy our client's needs. We design, develop, and maintain superior working environments that reflect our uncompromising commitment to excellence and innovation.

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