Lormax Stern Development Company has earned a national reputation for the development of outstanding shopping centers which produce higher than average sales per square foot for the retailers who locate stores in their developments. Through strategic acquisition of premium locations, Lormax Stern’s shopping centers consistently provide exceptional traffic for its retailers. Lormax Stern works closely with the communities to ensure long-term benefits for the surrounding areas and enjoys a track record of “getting the job done.”
The Lormax Team
Daniel L. Stern
Partner and Business Owner of Lormax Stern
Daniel L. Stern’s expertise is in overseeing the planning, pre-leasing and financing of the projects; personally negotiating over 500 anchor tenant leases. Mr. Stern coordinates portfolio leasing efforts to create the optimal tenant mix in each development; thereby, maximizing the shopping center value with quality credit tenants. He has completed over $2 billion of financing with major lenders as well as directing acquisitions ranging from $2 to $50 Million at an average of one new acquisition per quarter. Recently the company purchased 2 regional malls and 3 multi-tenant properties and are finishing the development of a 750,000 Square Foot project in Florida.