Palo Duro Commercial Partners was formed in 2022 by retail industry veterans, Stephen J. Pheigaru and Jeffrey S. Hayes. The two Managing Partners joined forces to create a company founded on passion, commitment, and a deep understanding of the markets they serve and the key clients they represent throughout Texas. With a focus on retail brokerage, leasing and development services, the TEAM at Palo Duro Commercial Partners has a proven track record of representing many of the retail industries cherished brands as well as up and coming ‘super stars’ across many categories. Having represented large anchors, junior anchors, retail pad users and inline concepts, the TEAM at Palo Duro Commercial Partners can assist with creating a market strategy, identifying favorable locations and managing a large deal flow across multiple cities.

Combining these efforts along with an established development pipeline that includes 35+ retail developments, multi-family, self-storage, and build-to-suit capabilities the TEAM at Palo Duro Commercial Partners can help to assist landowners, investors, and retailers alike with all their retail development requirements. The development of these shopping centers has been concentrated in many of the master-planned communities and suburban neighborhoods throughout Texas and across the southern United States and includes the following:

Neighborhood Essential Centers
Lifestyle Centers
Redeveloped Centers
Single Tenant Facilities
Multi-tenant Buildings

Palo Duro Commercial Partners can help to assist landowners, investors, and retailers alike with all their retail development requirements. Services include:

Site Selection
Entitlement
Cost Analysis
Design
Construction Oversight
Leasing Activities
Tenant Build-Out
Investor Relations
Investment Disposition