Redstone Investments going back to discover its future

Tampa firm has refocused its efforts on development as it seeks to grow its footprint in the region and beyond.


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  • | 6:00 a.m. July 24, 2020
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COURTESY PHOTO -- Redstone Investments completed Sango Square, in Tennessee, in 2019.
COURTESY PHOTO -- Redstone Investments completed Sango Square, in Tennessee, in 2019.
  • Commercial Real Estate
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When cousins Jonathan Levy and Lee Burdman formed Redstone Commercial nearly three decades ago, the pair decided to develop properties with the intention of owning them for several years.

At the time, the concept had fallen out of vogue. Development giants like the Trammell Crow Co. and other merchant builders were making fortunes in the late 1980s and early 1990s by developing real estate with plans to shed it upon completion and stabilization.

 

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