About Petrovich Development Co.

PDC is a fully integrated development company with over 4 million square feet of unique commercial properties that have been developed or are in the pre-development process throughout northern California.  Be it a regional power center or a small neighborhood center, our goal is to create uniquely designed retail projects that add significant value to their surrounding communities. Due to the intense in-fill nature of its shopping centers and mixed use communities, many of PDC’s projects take over a decade to develop and involve hundreds of outreach meetings. Consequently, almost without exception, PDC’s developments set new highs for market rents and market lows for cap rates (in the event of a rare sale) due to their strategic locations and success of its tenant base.

PDC’s projects answer the needs of the consumer and typically exceed tenant and governmental expectations by incorporating extremely well built traditional architecture, private art in public places and unique water features that fit into the character of the region. Further, many of PDC’s projects have prominent features that recognize our military Veteran’s sacrifices, something the company believes is essential in our ever changing social value system. As Paul Petrovich has said at many public hearings; “it’s not a sound bite, it’s what we do”.

A Fully Integrated Development Company

Petrovich Development Company’s in house departments include:

    • Land Acquisition
    • Entitlement
    • Planning
    • Design
    • Leasing
    • In-House Legal
    • Construction Management
    • Asset Management
    • Property Management
    • Property Maintenance

Tenant Relationships

Petrovich Development Company knows the importance of creating and maintaining the right partnership between each of our tenants. By strategically determining the optimum mix of tenants for our centers we are better able to maximize our tenants’ revenues and consequently, our own.

We value the great relationships we’ve made with our local, regional and national tenants by continually striving to maintain their success within our projects. At Petrovich Development Company we are always looking to integrate new and unique retail concepts into our centers. We are proud that when considering expansion, many retailers look to our company because of our reputation for securing extraordinary locations with superior property management while constructing well designed, quality built centers.

Key national tenants we’ve worked with include, but are not limited to:

  • Target
  • Costco
  • Kohl’s
  • Safeway
  • Walgreens
  • Rite Aid
  • Longs Drugs (now CVS)
  • Lowe’s Home Improvement
  • Home Depot
  • Starbucks
  • Michaels
  • Pet Extreme
  • Sports Authority
  • Toys “R” Us
  • Cost Plus World Market
  • Peet’s Coffee & Tea
  • McDonald’s
  • Famous Footwear
  • Big Spoon
  • In-N-Out
  • Wells Fargo
  • Office Depot
  • OfficeMax
  • Sleep Train
  • El Pollo Loco
  • Dos Coyotes
  • Round Table
  • FedEx Kinko’s
  • Massage Envy
  • Panda Express
  • Ross
  • Shoe Pavilion
  • Verizon Wireless
  • UPS
  • Juice It Up
  • Jamba Juice
  • GameStop

About Paul Petrovich

Paul Petrovich, founder and sole proprietor of Petrovich Development Company, has been in the commercial real estate development business for over 32 years and has transacted and/or developed over $4 billion of projects. In 1981, as a commercial real estate broker he started with only the shirt on his back and a freshly minted degree from UC Davis at age 21. He shortly became one of the top ten most prolific brokers in the nation shattering previous high water marks for leasing and sales on an annual basis. After completing the land transactions for what is now the Roseville Galleria Mall anchored by Nordstroms, and most of the surrounding acreage he then made what is now a rare transition to the cash intensive commercial development business. He brought with him the experience and lessons learned from participating in successful development projects as a broker. Knowing how to market and solve development problems as a hands on broker gave Petrovich the ability to develop at a high level from the very start of his development career in 1996. He was able to pinpoint ideal locations, assemble properties and solve challenges like few before him.

For over a decade Petrovich Development Company has been one of the largest privately owned retail developers on the west coast. PDC has thrived through the toughest of economic cycles including the 1981 21% interest rate recession, the 1990 downturn and of course the “Great Recession” that started for retail in 2006. Each time, he and his company have emerged stronger due the ability to react to an ever changing market and seeing these changes well in advance of their full impact. Having no partners of any kind, including cash investors, PDC has been able to refinance and re-position its various projects without violating any fiduciary responsibilities, an important distinction from Paul Petrovich. Looking forward, PDC and its strategically located land holdings are ready to take advantage of the next upward cycle and to deliver phenomenal locations for its current and future client base.

Davis Wiki on Paul Petrovich