DEVON USA is a commercial property owner, investor and developer with a diverse portfolio of assets in the southeastern and midwestern United States.
The company has constructed and/or renovated over 5.3 million sq. ft. of commercial space since 1980, and currently owns and manages 1.9 million sq. ft. of distribution space in its portfolio. Devon also owns several commercial sites in Richmond and Hampton Roads which are fully entitled for development of an additional 2 million sq. ft. of warehouse and distribution space.
In addition to its industrial assets, Devon is the majority partner in several multifamily investments; and is currently planning development of two new Class A multifamily projects comprising 620 units in Richmond and Virginia Beach.
The principals and related entities own 2,400 acres of prime farmland in the Mid-West, as well as other real estate and non-real estate investments.