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Business Details
38 Years
experience
Expert Real Estate Development in Louisville, KY
Since 1988, Nicklies Development has established itself as a leader in real estate development, delivering high-quality retail, industrial, office, and residential projects. Our commitment to quality and innovative planning ensures every project meets the highest standards while addressing unique market demands. With decades of experience, we specialize in transforming developable land into valuable assets and idle properties into profitable opportunities. Our team manages every phase of development, from site planning and zoning to long-term property operations, ensuring seamless execution. We prioritize proactive problem-solving to avoid surprises, backed by certifications like CCIM and memberships in industry organizations.

Our deep understanding of the Louisville market and partnerships with local agencies enable us to create developments that align with community needs. By combining expertise with ethical practices, we consistently exceed client expectations and deliver sustainable returns on investment. Our success stems from a dedicated team with over 30 years of collective experience in commercial real estate brokerage and development. We maintain transparency in all dealings, ensuring clients receive accurate market analysis, strategic leasing solutions, and comprehensive property management. This approach has solidified our reputation as a trusted partner in real estate development across Kentucky and Indiana.
Services
Retail Development Office Development Industrial Development Residential Projects Property Management Leasing Services Land Redevelopment Market Analysis Zoning Consultation Construction Management
Details
  • Year established: 1988
Highlights and features
  • We have over 30 years of experience in commercial real estate brokerage and development.
  • Our team holds industry certifications like CCIM, demonstrating specialized expertise.
  • We manage all phases of development from site planning to long-term property operations.
  • Our local market knowledge ensures developments align with Louisville's community needs.
  • We maintain partnerships with Louisville Metro governmental agencies for efficient project execution.
Associations and certifications
  • Certified Commercial Investment Member (CCIM)
Services
Retail Development
We specialize in developing high-traffic retail centers anchored by major tenants like Kroger. Our expertise includes site selection, zoning, tenant mix optimization, and construction management. By leveraging deep local market knowledge, we create vibrant shopping destinations that meet community needs while delivering strong returns for investors.
Industrial Development
Our industrial development services focus on strategically located properties near major transportation hubs like I-65 and Louisville International Airport. We handle site planning, permitting, and construction for warehouses, distribution centers, and manufacturing facilities. Our developments offer clear height advantages, ample dock space, and trailer storage solutions to support logistics operations.
Office Development
We develop Class-A office spaces designed for functionality and tenant comfort. Services include master planning, infrastructure development, and amenity integration like conference centers and on-site management. Our properties feature prominent visibility from major highways while maintaining efficient operational standards through energy-saving systems and tax advantages.
Land Redevelopment
Our land redevelopment expertise transforms underutilized sites into productive assets. We conduct environmental assessments, secure entitlements, and implement infrastructure improvements for mixed-use developments. By partnering with local governments, we ensure projects align with zoning regulations while maximizing land value through strategic repurposing.
Property Management
We provide comprehensive property management covering leasing, tenant relations, financial reporting, and maintenance. Our team ensures optimal occupancy rates through targeted marketing while maintaining asset value through proactive repairs and compliance with safety standards. Legal document preparation and vendor coordination ensure smooth day-to-day operations for commercial properties.
People
David W. Nicklies
President and CEO
With over 30 years in commercial real estate, David founded Nicklies & Co. in 1988 and led projects across retail, office, industrial, and residential sectors. A CCIM designee, he previously partnered with CBRE and received the 2012 March of Dimes Commercial Reach Award.
Grant Nicklies
Vice President
Grant oversees project execution and tenant relations, leveraging experience in ground-up developments and construction management. He focuses on clear communication and relationship-building to ensure successful project delivery while balancing operational efficiency with client needs.
Shannon Harritt
Chief Operating Officer
Shannon manages legal and accounting functions with 16+ years at Nicklies Development. Her 23-year real estate career includes roles in property management and operations leadership, ensuring compliance with financial reporting standards and supporting major transactions.
Lee Koehler
Chief Financial Officer
Lee oversees financial reporting and tax preparation with 27 years of commercial real estate accounting experience. Holding a BS in Accounting, she ensures accurate cash management and compliance with financial regulations across all company operations.
Brittany Thompson
Administrative Project Coordinator
Brittany manages leasing documentation and tenant relations for The Brownsboro property with 13 years of project management experience in home textiles and commercial real estate. She prioritizes client satisfaction through organized execution of complex initiatives.
Questions
What types of real estate projects does Nicklies Development specialize in?
We specialize in retail, office, industrial, and residential development projects across Kentucky and Indiana.
How long has Nicklies Development been in business?
The company was founded in 1988, with our leadership team having over 30 years of combined real estate experience.
What areas do you serve?
We primarily serve Louisville, KY and Jeffersonville, IN with localized market expertise.
What sets Nicklies Development apart from competitors?
Our team combines CCIM certification, long-term local partnerships, and full-service capabilities from land acquisition to property management.
Can you help with land redevelopment projects?
Yes, we transform underutilized land into productive retail, industrial, and mixed-use developments through zoning and entitlement expertise.
How do you handle property management?
We provide comprehensive management covering leasing, tenant relations, financial reporting, and maintenance for commercial properties.