Our Company: History
In 1989 Michael A. Vlasic founded MAVD in connection with his family’s business, Vlasic Investments, LLC. Since the 1930s, the Vlasic family has been an active investor and operator of businesses in Southeast Michigan, most notably Vlasic Foods which was sold to Campbell Soup Company in 1978. MAVD is headquartered in Ann Arbor, Michigan.
MAVD’s real estate activities were concentrated in the Southeast Michigan region until early 2006 when MAVD created its Colorado subsidiary, MAVD West, LLC. MAVD West, LLC is located in Denver, Colorado and focuses on acquiring and managing real estate assets along the Colorado Front Range.
Since 1989, MAVD has actively acquired and developed projects representing over 3,000,000 square feet of commercial/office space, 1,000 acres of land, at a total value of over $500 million. MAVD currently manages a portfolio consisting of over 600,000 square feet of office space and 300+ acres of development land.
MAVD maintains a capital connection with Vlasic Investments and continues to foster relationships with several other private and institutional capital partners.
Built on the solid foundation of the Vlasic family, MAVD has demonstrated an unwavering commitment to creating and maintaining high-quality, long-term assets and relationships that last generations.
Back to top
Our Company: Values & Mission
MAVD has a simple mission: Be the best at what we do in the markets that we serve. Underlying this mission
are these core values:
Teamwork
We foster a culture of cooperation, respect, and honesty, and encourage creativity and innovation in our work.
Quality
We strive to acquire and develop properties with first-class materials and timeless design.
Service
We pride ourselves on delivering responsive, personal service to our tenants and second to none care of our assets.
Sustainability
We are loyal stewards of the environment and aim to utilize design and operating standards that minimize impact to our earth.
Community
Our success relies on support from local communities that we actively support, and we seek to improve our communities by the projects we undertake.
Our Company: Expertise
Asset/Property Management
Our properties achieve consistent investment performance and outperform the competition with superior tenant satisfaction that leads to high tenant retention rates. Many of our buildings have received BOMA awards for excellence in the area of property management. We add value to each of assets through focus on the following:
Leasing
We employ leasing strategies to optimize market conditions, diversify risk and achieve full occupancy.
Tenant Improvements
We oversee tenant improvements to maintain design integrity and enduring quality.
Tenant Requests
We promise to be responsive and proactive to the needs of each tenant by providing prompt, personal service and follow-up.
Maintenance and Energy Efficiency
We regularly maintain and inspect our HVAC and other building systems to assure high efficiency, and we constantly seek strategies to reduce energy use.
Capital Expenditures
We carefully forecast capital needs and physical improvements that reduce operating costs, improve visual impact and add worth to each property.
Property Taxes
We closely monitor property taxes and manage appeals where necessary.
Financing
We are skilled in procuring necessary capital (debt and equity) for our projects through our extensive resources.
Development Services
Since 1989, we have created successful developments for ourselves and others totaling over $700 million.
Our skills span the entire development process—site selection, feasibility, planning, design, finance and construction. While our focus is to utilize our financial resources to purchase and develop assets for our own account, we can structure joint ventures to meet requirements of owners/partners, and we can also provide development consulting to assist owners in developing their own land and/or buildings.
Our professionals include registered architects and construction and finance experts with an average of 20+ years of experience.
Back to top
|
