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  Devon USA Inc. Named Developer of the Year

Devon USA, a local commercial real estate developer and a premier provider of light manufacturing/warehouse, office and retail properties in the area, was named the 2000 Developer of the Year by Chesterfield Economic Development and honored by the Chesterfield Board of Supervisors with its Business Appreciation and Recognition Award.

The company currently owns and manages about 2.2 million square feet of buildings, 40% of which are located in Chesterfield County. Specifically, they own and manage a Class A office building near Brandermill (Waterford I), a warehouse at Bermuda Triangle Road and a shopping center on Jefferson Davis Highway (Port Walthall). Their newest project is the Enterchange at Walthall. Devon USA constructed a large speculative light manufacturing/distribution facility of 650,000 square feet with another 600,000 square feet planned as Phase II. By providing speculative buildings, Devon is facilitating a section of the user market that may otherwise go to other counties or states.

Congratulations to Devon USA!

- Date Posted: 10/26/00

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