Developers, Owners and Managers of Retail, Office, Hotel, & Congregate Care Properties:

Bacall Development is a preffered developer for three National Retail Chains in five states, which include Michigan, New York, Georgia, North Carolina, South Carolina, and Virginia. Currently, Bacall Development has over 30 sites approved, under construction, or completed in these states.

Bacall Development develops and manages several neighborhood shopping centers in Michigan and South Carolina, ranging in size from 10,000 to 150,000 square feet. All of these centers are operating profitably, with a mix of national “credit” tenants as well as many locally owned businesses. Significant repositioning of older centers was instituted by the company to attain this level of success. Additionally, two convenience store anchored centers have been operating in the same urban locations for over forty years.

Bacall Development is actively involved in the redevelopment of neighborhood retail centers in the City of Detroit, working successfully with neighborhood groups and political organizations to accomplish this mission. Owners of many well positioned parcels of land being held for future development.

Bacall Development strives to locate and develop prime locations for all national retail tenants. The Members of Bacall Development are Eddie Bacall and Jacob Bacall. Eddie and Jacob Bacall started out in the Drug stores business in 1979. After several years of owning and operating a number of convenience stores they acquired the real estate in which their businesses were located. Since then they have gone on to develop, own and manage hotels, congregate care facilities, retail shopping centers, office complexes.

Retail: Developers, owners and operators of free standing single-tennant and in-line neighborhood centers. The majority of these centers are anchored by national tenants.

Office: Owners and managers of several suburban office properties in southeast Michigan, ranging in size from 15,000 to 30,000 square feet. All of these office properties are operating profitably, housing many local offices of major corporations.

Hotel: Purchased and redeveloped a distressed but well located 100 room Quality Inn Hotel in 1995. This East Lansing, Michigan property was completely renovated and repositioned through an aggressive marketing plan. Sales surpassed projections and this project was sold to another family-owned partnership in 1999.

Congregate Care: Purchased and redeveloped an 86 unit congregate care facility in 1994. The partners were the general contractors on this project. This Riverview, Michigan development has been profitable, operating at a high occupancy level since acquisition. The company continues to oversee all management operations, supervising a professional staff of fifteen at this location. Several senior housing projects are being analyzed for future development.

Synopsis: Bacall Development is a development company whose success has come in large part due to the extensive financial and market analysis of its proposed projects. The companies “hands on” management style assures continued success for existing and future projects.