Partnering for Success

About Us

Leonard Silk

Leonard Silk

Principal, Pittsburgh Office

Leonard has been in the private practice of law since 1976, specializing in real estate acquisition, leasing, corporate law, banking, and finance. Since 1980, he has been actively engaged in the construction, development, and management of various commercial real estate projects.

Andrew Stewart

Andrew Stewart

Principal, Pittsburgh Office

Andrew has been involved with the development and management of real estate projects since 1984. After working extensively on large mixed-use land development projects in the Carolinas, he returned to Pittsburgh in 1988 to focus on assembling a real estate portfolio.

Terry Stevens

Terry Stevens

Managing Principal, Nashville Office

Terry Stevens, the sole principal of the Stevens Group, is the Managing Principal of the Silk & Stewart Development Group's office in Nashville, TN. Mr. Stevens has earned his CCIM designation, and has been active in the real estate and construction business for over 29 years. Starting in 1977 as a homebuilder, Terry currently specializes in project management, development, leasing and sales of income producing properties. The Stevens Group was established in 1992 as a full service, commercial real estate firm. Throughout the years, the Stevens Group has been successful in landlord and tenant representation, leasing, acquisitions, development and construction management.

History

The Silk and Stewart Development Group was founded in 1989 by Leonard Silk and Andrew Stewart. Silk and Stewart develops, leases and manages commercial properties. Their principal objective is capital preservation and appreciation through the purchase and development of high quality commercial properties. These properties typically generate current income from operations and realize appreciation in value from resale. Properties are located in well-established growth markets, including the western Pennsylvania metropolitan area, middle and western Tennessee and the greater Phoenix, Arizona metropolitan market. Messrs. Silk and Stewart are responsible for the development and management of approximately 40 properties comprising over 1,000,000 square feet of space. Projects that are currently under development include retail community shopping centers in western Pennsylvania, Arizona and Tennessee.

Relationships

With all of our partners – tenants, lenders, and investors – we build long-term relationships. In that context, we have developed a business strategy that not only achieves results, but also helps us to build and maintain strong ties to our partners:

Careful Asset Selection
In choosing a project site, we assess the potential of each location for the long-term success of our partners.
Quality Construction
We build our properties with high quality materials and qualified contractors. As a result, they're solid, attractive and long-lasting.
Leasing Relationships
We build relationships with our tenants, working collaboratively with them to construct the space they need within their time and budget constraints. Our dedicated management team provides excellent service, with integrity and professionalism.
Intelligent Financing
Our financing strategy is long-term, fixed rate mortgages to manage exposure to interest rate.
Consistent Returns
Our projections are calculated realistically. We strive to minimize capital risk, and meet the stated criteria of each individual project. Our investors are our partners, and we put ourselves on the line for them, investing in every one of our partnerships.

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