IS REAL ESTATE
“What we do is a vital part of the community… creating places for families to live and work.”
– Will Collins
Integrity | Teamwork | Passion | Expertise | Results
Why We Do It
At Terracor, we take pride in our work. We understand that our responsibility is greater than generating financial results for our partners. It’s about the responsibility to add value to communities through quality developments that bring products and services, create job opportunities and provide families safe and beautiful places to live. Our passion lies in developing quality projects which contribute to a higher quality of life for the communities we serve. When you ask our team which Terracor value they most embody, you won’t get just one answer. Our work is our life’s passion and we believe this passion is reflected in the quality of our developments.
How We Do It
We begin all projects by crafting a long-term vision, which has been honed through experience. Then we create the roadmap, which helps us to identify potential risks. Next, we selectively assemble the best possible team to navigate the road. From our capital partners to the landscape architect, every team member is vital to the success of the project. Finally, we execute. Utilizing time-tested and well-defined systems and processes allow for great execution.
HOW FAR WE’VE COME
Since our launch in 2014, we’ve expanded our focus to include single-tenant build-to-suits to master planned communities
WORDS FROM TERRACOR
To us, brokerage is more than a transaction, it's building relationships.
We treat our clients as our partners and the communities we develop as if they're our own.
Our partner's success is the only true measure of our success.
The success of a development is dependent on superior management and the strength of the team assembled.
OUR LEADERSHIP TEAM
2007 – Redevelopment of Central Marketplace
April 5, 2007
The roots of Terracor lie in the heart of the retail corridor in McAllen, Texas. Prior to the redevelopment, Central Marketplace was an unnamed, dilapidated shopping center; the original structure had seen little to no reinvestment since its construction in 1965. In 2007, Terracor leadership was tasked with the redevelopment and…Read more
2009 – Negotiation of Vantage Bank Headquarters space
April 8, 2009
In April 2009 Terracor leadership maneuvered through a depressed market and was able to negotiate the long-term lease on behalf of Vantage Bank, Texas with an average rental rate 25% below market. Terracor leadership produced cost savings of over $1 million for the client, in addition to securing their exclusive…Read more
2011 – Acquisition of 420 acres for Alsatian Oaks
April 5, 2011
2014 – Formation of Terracor Real Estate Services
April 5, 2014
Terracor began as a one-man operation, with Will Collins initially juggling the tasks of CEO, secretary, and everything in between from a borrowed office space in San Antonio, Texas. In only a few years, Collins had developed the brand-new company into a team effort, with expanded service offerings like leasing…Read more
2016 – Development of Shops At 29
April 5, 2016
After partnership formation and land acquisition in 2015, groundbreaking occurred for the Shops at 29 (Terracor’s first major project in McAllen) in January of 2016. Terracor was responsible for all parts of the 200,000 square foot regional power center’s development, starting with investment and following through to construction, leasing, and…Read more
2017 – Wal-Mart Supercenter Grand Opening – Alsatian Oaks
April 5, 2017
Over the course of two years, Terracor faced many challenges in completing the first phase of Alsatian Oaks in Castorville, Texas, in which Wal-Mart became not only Castorville’s first full-service grocery store, but first anchor tenant greater than 20,000 square feet. Terracor had a long-term vision for Alsatian Oaks, which…Read more