The South Florida market provided numerous opportunities for development and acquisition in the 1980′s and 1990′s. Jim shifted his focus to various commercial real estate projects, including self-storage and office, while continuing to expand in the multi-family sector. Headlined by the 10-year development of the Innovation Centre at Florida Atlantic R & D Park from 1998 to 2008, Rosemurgy Properties began to grow exponentially with this first major real estate development project. The award-winning project encompassed 70 acres and eight buildings, and was one of the few university research parks of its kind at the time. The project was sold in 2008 for $98 million. The Company then expanded into the retail sector through continued development and acquisition opportunities.
Jim’s strategy to build a diversified portfolio has been a key factor in the tremendous growth, success, and stability of the Company. Consisting of a diverse platform that includes construction, asset, and property management, the company is continuing to build upon the legacy which Jim has passed onto the next generation. Through valued strategic partnerships, Rosemurgy Properties has been fortunate to see continued growth most recently highlighted by its joint venture development and sale of the Boca Raton student housing portfolio in 2016 for $105.5 million. Experienced executives, professional staff, construction and property management teams are committed to providing outstanding service and quality for the company’s investors, tenants and residents. The company is positioned both geographically and strategically to take advantage of all development and acquisition opportunities that a strong South Florida real estate market has to offer.