Acquisitions

Delavega Development has historically focused on ground-up development projects in both the United States and Mexico, and the company is also now seeking redevelopment opportunities, primarily in Texas and surrounding states, which have a significant retail component. The company will also focus on value-added acquisitions of retail and mixed-use projects, which are in need of re-positioning in their respective trade areas, or re-capitalization.

While the company will consider deals smaller than $5,000,000 on a case by case basis, the primary deal size for existing properties, is from $5,000,000 to $40,000,000 (initial acquisition pricing). The deal size for vacant land that is either entitled or ready for entitlement within the foreseeable future, can range from $1,500,000 to $25,000,000.

The company also has the resources to invest the “value-add” or redevelopment capital necessary, in order to achieve desired returns upon project completion, project redevelopment or project repositioning. 

Delavega Development prefers to acquire properties and projects outright, and may also enter into joint venture agreements with land owners who wish to remain in deals, on a case-by-case basis.

Artemio De La Vega 
President and CEO

4514 Cole Avenue, Suite 1100
Dallas, Texas 75205
214-750-7688 x201 (office)
214-750-8259 (fax)
a1@delavegagroup.com