Nessel Development

About Nessel Development

Nessel Development is a real estate operator headquartered in .. Nessel Development operates in Canton-Massillon, Ohio, Cedar Rapids, Iowa and Detroit, Michigan. Its investment focus is on Industrial, Logistics and Standalone Retail.

Nessel Development (doing business as Nessel INC) is a U.S.-based real estate investment and development firm founded in 1997. The company has applied value-add strategies for over 20 years in acquiring, renovating, managing, and developing real estate assets. The firm’s portfolio includes a mix of property types: Class A office buildings, flex industrial, cold storage, single-tenant NNN (triple net) retail, industrial facilities, and mixed use. Their current holdings include dozens of properties ranging in size from about 8,300 sq ft (small retail) up to 157,000+ sq ft industrial buildings. Locations of projects span several U.S. states, including Texas, New Jersey, Kentucky, Tennessee, West Virginia, Connecticut, Arkansas, Michigan, and others. Nessel specializes particularly in acquiring distressed or undervalued properties, executing operational and physical improvements, and enhancing income through lease-up or management improvements.

Principals at Nessel Development