Ponderosa Land Development Company is a Houston-based commercial real estate development company specializing in the development of high quality retail properties throughout Texas and the surrounding states. With approximately fifteen years of experience, our business philosophy and strategy is to identify, acquire, and develop quality commercial real property located in premier locales that are demographically desirable, have high traffic, and are densely populated for retail build-to-suit and other development. We concentrate our efforts on developing single and multi-tenant commercial retail properties primarily in the major metropolitan hubs and other geographical regions of growth.
Ponderosa believes that its methodical approach to selecting and developing retail properties and its efficient and systematic execution of all facets of the development process yields the highest levels of long-term tenant occupancy and rental income. Our detailed approach to commercial development has also allowed Ponderosa to foster and expand strategic and mutually beneficial relationships with several of the leading national retail tenants through our cultivated understanding of their corporate cultures and need for focused retail expansion and initiatives.
We are continuously striving to enhance our business strategy by predominantly developing a core portfolio of commercial retail properties for lease, on a long term basis, to investment grade corporate tenants and market-dominant national credit tenants. Since inception, Ponderosa and its affiliates have developed more than 70 commercial retail properties in conjunction with the expansion efforts of our valued retail tenants. Our real estate portfolio includes commercial properties on lease to blue chip tenants from all industry sectors, including the financial services, telecommunications, apparel, soft goods, and restaurant sectors.