Adaptive Reuse & Redevelopment

Redeveloping Properties for Modern Market Demands

Unlock the potential in what’s already there. Maestri-Murrell’s redevelopment services breathe new life into outdated or underutilized properties. Whether repositioning a retail center or revitalizing a mixed-use site, we offer the strategy, structure, and oversight needed to make transformation simple.

Adaptive Reuse Redevelopment Banner

30+

repositioning commercial properties across the Gulf South

50+

value-add / reuse projects guided from study to execution

10–25%

typical NOI lift after repositioning (project dependent)

Breathe new life into great locations.

Guiding you through repositioning outdated properties into thriving, modern assets.

Our Adaptive Reuse & Redevelopment Capabilities

  • Feasibility Studies for Redevelopment Opportunities
  • Zoning Compliance and Regulatory Consulting
  • Oversight for Adaptive Reuse Projects
  • Historic Preservation and Tax Credit Advisory
  • Asset Repositioning and Branding Strategy
  • + More

What We Help You With

Clear feasibility, an execution plan, and a leasing strategy to ensure the new outperforms the old.

Get in touch today

Redevelopment Feasibility and Site Analysis

Start with the facts: we assess physical condition, market demand, and returns to confirm whether reuse or value-add pencils.

Zoning & Regulatory Adaptation Consulting

Entitlements, variances, and code compliance—mapped early so design and schedule align with what’s actually approvable.

Construction Planning & Project Oversight

Adaptive reuse has wrinkles. We coordinate design teams and contractors, phase work to control downtime, and keep costs/time on track.

Historic Preservation & Tax Incentive Advisory

For qualified assets, we help navigate state and federal historic tax credits and preservation incentives to strengthen the capital stack.

Asset Repositioning & Market Rebranding Strategy

A fresh story for a familiar address—programming, branding, and leasing strategy that relaunches the property for today’s demand.

Adaptive Reuse Redevelopment Value Proposition

Why Choose Us

Field-tested and results-driven.

We balance creativity with discipline—bringing lender-ready analysis, entitlement know-how, and hands-on project leadership to every reuse or repositioning assignment.

Why businesses choose to work with us:

  • Integrated view: market, design, cost, schedule, and lease-up
  • Deep experience with incentives and historic credit programs
  • Phased construction plans that protect operations and cash flow
Contact Our Development Team
Industries We Serve

Where your industry meets our insight

Every industry has its own rhythm, and we know how to match it. With over 30 years of experience, Maestri-Murrell brings the insight to turn your business goals into built success.

Our Development Team

Lawrence Maestri

Lawrence Maestri

Principal Founder

Commercial Real Estate Development

George Murrell

George Murrell

Principle Founder

Commercial Real Estate Development

Ben Stalter Square
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Benjamin Stalter, CCIM

Vice President & Partner

Commercial Real Estate Brokerage

Denis Murrell Square
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Denis Murrell

Director of Operations

Commercial Property Management

Recommended by Industry Leaders

"We work with the Maestri‑Murrell team on site selections, site development, lease up and dispositions. They have and continue to do an exceptional job on all aspects. Their attention to detail, market knowledge, and follow through are unsurpassed."

Clark Heebe Avatar

Clark Heebe

Managing Member, Shoe Creek Retail

Shoe Creek Retail

"Our experience with Maestri-Murrell exceeded our expectations from the outset. While growing our company over the years we worked with many real estate brokers in multiple states, the team at Maestri-Murrell were by far the most present and connected brokers we experienced. They secured us over a dozen sites along the Gulf Coast in a very short time frame and were critical in the growth and success we experienced in that region."

DK

Dan Cooke/Tom Krings

Franchsisee, Panera Bread

Panera Bread

"The team at Maestri-Murrell was truly professional to work with. They know all the markets well, set reasonable expectations, and delivered on promises. They were honest and direct during all communication, and all our deals ended up as we projected. I would highly recommend working with Maestri-Murrell."

SB

Sully Barwin

Franchisee, Planet Fitness

Planet Fitness

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