Parkes Development Group

About Parkes Development Group

Parkes Development Group is a real estate operator headquartered in Franklin, TN. Parkes Development Group operates in Akron, Ohio, Asheville, North Carolina and Atlanta, Georgia. Its investment focus is on Historic Tax Credits, Hospitality and Medical Office & Healthcare.

Parkes Development Group is a real estate development company and division of The Parkes Companies, with a history dating back to 1978. With more than 45 years of industry experience, the firm provides development services for a wide range of commercial real estate projects. The company employs approximately 64 professionals and generates an estimated $16.7 million in annual revenue. The firm specializes in both principal development projects and joint venture partnerships, working with developers, single-tenant organizations, and real estate investment trusts (REITs). Its collaborative approach enables clients and partners to leverage the company’s development expertise throughout the planning, execution, and management phases of a project. Parkes Development Group offers a comprehensive range of real estate development services designed to improve project efficiency, control costs, and maximize long-term value. The company focuses on project coordination, development management, partnership structuring, and strategic planning. Through its experience across multiple project types and partnership models, Parkes Development Group supports the successful delivery of commercial real estate developments and investment opportunities.

Principals at Parkes Development Group