Business Details
13 Years
experience
Commercial Real Estate Experts in Virginia Beach
Parker Burnell Real Estate Group delivers exceptional value in commercial real estate services, specializing in development, brokerage, leasing, and tenant representation. Founded in 2013 by Virginia Beach natives Troy Parker and Jay Burnell, our team combines over 30 years of collective experience in commercial real estate development and management. We have successfully developed, owned, and leased more than 300,000 square feet of retail and mixed-use properties across Virginia and North Carolina. Our notable projects include Landstown Place, Knells Ridge Commons, Jefferson Marketplace, and Town Center Marketplace.We prioritize client needs through expertise, integrity, and strong relationships with agents and landlords. Our services encompass site evaluation, demographic analysis, permits, investment sales, and lease administration. We serve clients seeking retail shopping centers, office spaces, and mixed-use developments. Our administrative team supports seamless transactions and tailored solutions. Headquartered in Virginia Beach, we focus on the Hampton Roads area while maintaining regional expertise. Our commitment to transparency and client satisfaction drives our approach to every project.
Services
Development
Commercial Brokerage
Leasing
Tenant Representation
Market Analysis
Details
- Year established: 2013
Highlights and features
- We have over 30 years of combined experience in commercial real estate development and leasing.
- Our team specializes in retail, office, and mixed-use properties across Virginia and North Carolina.
- We prioritize client needs through transparent communication and tailored market analysis.
- Our founders have successfully managed over 300,000 square feet of commercial properties.
- We maintain strong relationships with agents and landlords to ensure optimal client outcomes.
Services
Development
Our development services include site evaluation, demographic analysis, permits, and construction coordination for retail shopping centers and mixed-use properties. We leverage decades of experience to create high-value developments across Virginia and North Carolina. Our team ensures compliance with market demands and regulatory standards.
Commercial Brokerage
We offer client-focused brokerage services for investment properties, land sales, and general real estate transactions. Our approach emphasizes market analysis, tenant profiling, and seamless transaction administration to maximize client returns.
Leasing
Our leasing expertise covers retail, office, and mixed-use centers, including site selection, lease administration, and tenant build-out coordination. We address unique real estate challenges with data-driven strategies to optimize occupancy and tenant satisfaction.
Tenant Representation
We advocate for tenants by analyzing space requirements, financial needs, and location demographics. Our services include lease negotiations, relocations, and renewals to secure favorable terms and strategic partnerships with landlords.
Market Analysis
We provide demographic and market analysis to inform site selection, investment decisions, and development strategies. Our data-driven insights help clients understand regional trends and competitive landscapes for informed decision-making.
People
Troy Parker
Partner / Principal Broker
Troy Parker co-founded Parker Burnell Real Estate Group in 2013 after working with Cushman & Wakefield | Thalhimer. He specializes in retail and mixed-use developments across Virginia and North Carolina.
Kristen Huber
Associate
Kristen Huber supports clients with commercial real estate transactions and brokerage services, leveraging her expertise in market analysis and client relations.
Kaelyn Spera
Retail Leasing Associate
Kaelyn Spera focuses on retail leasing, assisting clients with site selection, lease negotiations, and market-specific strategies to meet their business goals.
Questions
What services does Parker Burnell Real Estate Group offer?
We specialize in commercial real estate development, brokerage, leasing, and tenant representation for retail, office, and mixed-use properties.
Which areas do you serve?
We focus on Hampton Roads, including Virginia Beach, Chesapeake, Newport News, and Suffolk, as well as select areas in North Carolina.
What experience does your team have?
Our founders have over 30 years of combined experience and have managed more than 300,000 square feet of commercial properties.
How do you approach client relationships?
We prioritize transparency, tailored market analysis, and strong partnerships with agents and landlords to meet client needs.
