Mutual Development Company

About Mutual Development Company

Mutual Development Company is a real estate operator headquartered in New York, NY. Mutual Development Company operates in Phoenix, Arizona. Its investment focus is on Industrial, Standalone Retail and Suburban Office.

Mutual Development Company is a Phoenix and Scottsdale, Arizona-based commercial real estate development, property management, and general contracting enterprise founded by Joseph R. Walters. Operating for 28 years since the late 1990s, the company functions as a regional developer with a dedicated team of real estate, architectural design, and construction management professionals. The enterprise specializes in retail shopping center development, industrial park construction, commercial land entitlement, asset management, and single-tenant build-to-suit projects. Operating as a full-service platform, the firm manages site acquisition, architectural design, municipal approvals, general contracting, commercial leasing, and long-term facility operations. The company's primary operational footprint spans prime commercial submarkets across the Southwestern United States, including Arizona, California, and Texas. Key developments in its portfolio include the 250,000-square-foot Gateway Crossing retail center in Avondale, the Sossaman Business Campus in Mesa, and the Skyway Business Park in Surprise, alongside corporate sites for tenants such as Best Buy, Hobby Lobby, Old Navy, America's Tire, and Quick Quack Carwash.

Principals at Mutual Development Company