Fedder is dedicated to identifying commercial real estate development opportunities in the marketplace and developing or redeveloping these properties to their highest and best use, while maximizing asset values for our partners and stakeholders. For more than 45 years, Fedder has created developments that benefit both the tenants and communities that we serve.
Fedder applies a diverse set of skills to every project, whether it’s new real estate development, redevelopment of underperforming properties, or custom build-to-suit services for end users. Our involvement begins with site acquisition and continues through the processes of master planning, permitting, financing, cost segregation analysis, leasing, tenant coordination and eventually property management.
The firm’s president, Robert G. Pollokoff, and Nathan M. Raider, senior vice president/chief operating officer, provide unparalleled personal attention to every project, regardless of the scope or size. With a reputation for completing commercial real estate projects on time and within budget, our partners and stakeholders recognize our attention to detail and our ability to meet or exceed their required investment returns.
We measure performance by our bottom line. Fedder is a successful commercial real estate developer because we treat each relationship and each project as our most important. We maintain close relationships with several architects, engineers and contractors to provide turnkey design-build development services with highly competitive cost controls. Contact Nathan M. Raider to discuss development or acquisition opportunities.
Ground-up shopping center development
Improving and overhauling for better results
Turnkey move-in-ready spaces
Modernizing aging properties
4315 Mountain Road
Pasadena, MD 21122
Lakeshore only had one grocery store and Fedder saw a land development opportunity to build a new grocery-anchored shopping center so residents had a choice of where to shop. Fedder acquired the site and construction of 9,000 square feet of in-line retail began.
The property on which Lakeshore Crossroads currently stands was previously a green field that was not entitled to build a shopping center. A land development company, Fedder worked with adjacent properties to negotiate an easement and a sale-leaseback agreement resulting in a drive aisle to meet the demands of Anne Arundel County, which required a second access point. Fedder leased a grocery anchor and oversaw construction of their 55,000 square-foot space and then got all necessary entitlements and approvals and built 9,000 square feet attached to their building. Additional offsite improvements included sewer repair, adding a storm water management pond and state road improvements.
6600 Baltimore National Pike
Catonsville, MD 21228
Fedder acquired the run-down property that was built between the late-60s to early-70s and had never been renovated. When a national furniture store filed bankruptcy and moved out of its space, Fedder seized the property redevelopment opportunity in order to compete with other updated centers in the busy corridor of Baltimore National Pike (Route 40).
A national furniture store had leased a two-story space in One Mile West. When it vacated the space, Fedder redeveloped that wing of the shopping center to accommodate national tenants and divided the multilevel space accordingly. As a result, Fedder created a new rear drive aisle to allow for multi-tenant access to what was formerly single tenant space. In addition, Fedder completed a full façade renovation, repaved the parking lot and added new lighting. The overhaul of the shopping center attracted a new grocery anchor.
8131-8159 Governor Ritchie Highway
Pasadena, MD 21122
More than 500 new residential units were planned to be built behind Festival At Pasadena. Anne Arundel County required secondary access to the residential neighborhood for emergency response. Fedder, which recognized that granting access also provided greater opportunity for increased traffic to the shopping center, conducted a partial redevelopment of the shopping center.
To provide the access from Route 2 (Ritchie Highway) to the new residential neighborhood, Fedder tore down a portion of a space in the shopping center that had long been occupied by a national discount chain. After shuffling tenants around in the center, Fedder paved the new access point and simultaneously generated interest from a national fitness center chain for its resized space. During the partial property redevelopment, Fedder retrofitted all of the lighting so the shopping center now has LED lights, increasing visibility and safety for visitors to and through the center.
1206-1220 Reisterstown Road
Pikesville, MD 21208
Although located in a high-trafficked section of Reisterstown Road in Pikesville, tenants were losing customers due to various pedestrian barriers. Fedder redeveloped the center to break down those barriers and increase visibility as well as foot and vehicle traffic.
Tenants in the shopping center had entrances in the front and the rear and managers were having difficulty monitoring two customer doors. Fedder’s redevelopment of the property included tearing down one of the stores to create a courtyard allowing for pedestrian access by connecting the rear parking lot to the front doors of the tenants’ spaces. The new space added handicap access to the parking lot. The work on the shopping centeralso allowed Fedder to double the number of tenants.
Fedder is accustomed to creating turnkey build-to-suit spaces, taking a shell of a space or one that was fitted for another tenant and gutting it to build to their specification. This provides commercial real estate tenants with move-in ready spaces, allowing them to quickly and easily set up trade materials or cubicles and open their doors for business.
The Baltimore City Department of Social Services wanted to update their 31,740 square feet of office space on Reisterstown Road. They needed it completed within two months and Fedder was required to follow state government requirements.
5818 Reisterstown Road
Baltimore, MD 21215
It was necessary for the tenant to temporarily move out of the building to allow Fedder to complete the work within the aggressive timeline. In addition to renovating the office space for lease, the tenant also requested Fedder to subdivide the space to allow for another agency to operate in the building. Both the Department of Social Services and the Office of Administration Hearings successfully moved into their custom office space on time and under budget.
Fedder’s renovations modernize aging shopping centers through new facades, signage and sidewalks, parking lot resurfacing and updating parking lot lighting. Many of Fedder’s properties are undergoing exterior lighting retrofitting to LED, which saves on operating costs such as electricity and service calls for replacing bulbs and ballasts.