Red Mountain Group was established as a result of one man’s vision - that anything is possible and that every challenge brings its own opportunity. This philosophy has been the driving force behind RMG since being founded by Michael Mugel in 1991. Starting with the purchase of a single distressed shopping center in Mesa, Arizona, today RMG is an established and innovative leader in the retail redevelopment industry, with a current portfolio of more than 4.7 million square feet located across 18 states.
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We are committed to not only adding financial value to each and every redevelopment project, but also to adding value that is experienced on a day to day basis by those people that live the community. Change that improves community members is a fundamental of RMG’s business plan.
Our thorough understanding and knowledge of commercial real estate allows us to seek out, evaluate and seize upon re-development and new development opportunities. Through a combination of due diligence, creative execution, planning and financial expertise, we have been able to recognize and deliver extraordinary returns and buy real estate that others may not.
RMG’s seasoned Leasing & Marketing staff have the expertise and depth of relationships (from big box to smaller local businesses) that allow for the expedited lease-up of every property. While many landlords and brokers utilize signs and e-mail blasts, RMG utilizes our skillset of building relations one person at a time. Leasing in redevelopment is all about the relationship!
Regardless of the project size or scope, RMG’s range of services include tight project management and attention to detail and cost control to achieve maximum value and cost effectiveness. Our typical development project responsibilities include design management, contractor and sub-contractor selection, contract negotiation, bidding proposal analysis, and coordination and management of all construction activities. With over 240 acquisition repositioning, RMG can easily facilitate the transformation of any exterior or interior building to realize greater value and potential
Our approach to managing assets allow us to quickly identify and sieve upon any opportunities to increase overall property value in a cost effective fashion. Our steadfast attention to controlling NNN costs and retaining tenants enhances property value and efficiency across the entire portfolio.