Business Details
29 Years
experience
Your Trusted Partner for Real Estate Development and Property Management Solutions
Founded in 1997, Magnum Development has established itself as a leader in commercial real estate development and property management across the Midwest. Our team specializes in creating tailored projects that meet specific market needs, whether through ground-up developments, urban redevelopment initiatives, or build-to-suit opportunities. With expertise spanning retail, corporate office, entertainment, hotel, medical, fitness, light industrial, and residential sectors, we deliver long-term value for investor partners. Our principals bring over 30 years of combined experience in securing equity capital, managing partnerships, and executing complex real estate ventures. Magnum Realty, our brokerage affiliate, provides comprehensive property management and brokerage services for approximately 957,000 square feet of commercial properties.We maintain a strong focus on tenant representation, site selection, and leasing for local, regional, and national retailers. Our multidisciplinary team includes professionals with expertise in development, asset management, accounting, legal documentation, and municipal relations. Through strategic planning and execution, we transform underutilized spaces into vibrant commercial hubs that enhance community value. Our commitment to quality is demonstrated through our track record of successful projects in 15 states and ongoing involvement in local governance, including zoning board memberships. Magnum Development continues to build upon its legacy of delivering innovative real estate solutions that meet evolving market demands.
Services
Real Estate Development
Property Management
Commercial Brokerage
Urban Redevelopment
Build-to-Suit Projects
Investment Partnerships
Tenant Representation
Site Selection
Retail Leasing
Industrial Development
Details
- Year established: 1997
Highlights and features
- We have 30 years of experience in real estate development leadership.
- Our team secures equity capital and manages partnerships for desired outcomes.
- We specialize in urban redevelopment and build-to-suit opportunities.
- We manage over 957,000 SF of commercial properties across diverse sectors.
- Our expertise spans retail, office, industrial, and residential real estate.
Services
Real Estate Development
Magnum specializes in ground-up real estate development across 15 states. Our expertise spans retail, corporate office, entertainment, hotel, medical, fitness, light industrial, and residential sectors. We create tailored projects designed to meet market needs, delivering long-term value for investor partners through strategic planning and execution.
Property Management
Managing approximately 957,000 square feet of commercial properties, Magnum provides comprehensive property management services. We handle day-to-day operations, tenant relations, and facility maintenance for our own portfolio and third-party clients, ensuring optimal performance and tenant satisfaction across diverse property types in the Midwest.
Commercial Brokerage
Magnum Realty offers full-service brokerage for local, regional, and national retailers. We provide tenant representation, site selection, and leasing services for retail, office, and industrial properties. Our team leverages deep market knowledge to secure optimal locations and negotiate favorable terms for clients across the middle United States.
Urban Redevelopment
Our urban redevelopment initiatives focus on transforming underutilized areas into vibrant commercial hubs. We specialize in navigating complex entitlement processes, zoning regulations, and tax increment financing to deliver sustainable, market-responsive developments that enhance community value and create long-term investment opportunities.
Build-to-Suit Projects
Magnum develops build-to-suit properties tailored to specific tenant requirements. We collaborate closely with clients to design and construct facilities that meet unique operational needs, from single-tenant retail spaces to industrial complexes. Our process emphasizes efficiency, cost-effectiveness, and alignment with end-user specifications.
People
John Hughes
President
John Hughes, President of Magnum Development, has 30 years of real estate development leadership. He oversees partnerships, secures opportunities, and manages ventures across multiple sectors. John holds a BA in Philosophy from Colorado State University.
Joe Kutilek
Principal
Joe Kutilek, Vice President of Magnum Development, specializes in retail and office leasing. With 30+ years of experience, he manages equity partnerships and develops commercial properties. Joe graduated from the University of Arizona with a degree in Finance and Real Estate.
Kris Moore
Director of Development
Kris Moore oversees development and construction activities for Magnum. With 20+ years of experience, she manages entitlements, design, and tenant improvements across six Midwestern states. Kris serves on Omaha's Zoning Board of Appeals.
Michelle Zimmerman
Director of Residential Development
Michelle Zimmerman handles accounting for all Magnum partnerships and directs residential development projects. With 15+ years in commercial real estate, she manages industrial parks and subdivisions. Michelle serves on four Nebraska sanitary improvement districts.
Marc Thibault
Property Management
Marc Thibault oversees metro-Omaha properties and development projects. With 22 years in law enforcement, he brings operational expertise to property management, working closely with tenants, contractors, and clients to ensure smooth operations.
Questions
What geographic areas do you serve?
We primarily operate in the Midwest, with completed projects in 15 states including Nebraska, Arizona, Colorado, Texas, Florida, Nevada, Kansas, and Missouri.
What types of real estate services do you offer?
We provide full-service real estate solutions including development, property management, brokerage, urban redevelopment, and build-to-suit projects for commercial and residential properties.
How experienced is your team?
Our principals have over 30 years of combined experience in real estate development and management, with specialized expertise in retail, office, industrial, and residential sectors.
Can you handle complex development projects?
Yes, we specialize in navigating entitlement processes, zoning regulations, and tax increment financing for complex developments, including urban revitalization and large-scale commercial projects.
