Overlooked Properties

Where some people see eyesores, we see opportunities.

Blackstock Development takes pride in finding the highest and best use asset class for overlooked or underutilized real estate. Our team turns problem sites into successful developments in transitional growth markets.

current redevelopment projects underway


Asset Class Spectrum

Blackstock Development looks to partner with existing, experienced professionals to develop or redevelop property across many different asset classes. To date, Blackstock Development has developed single family subdivisions, apartment communities, senior living communities, self-storage facilities, and mixed-use projects that include various components. All of these projects have certain commonalities between them, and by forming various partnerships with specific asset class professionals we can achieve more viability for the project, our partner, and our company.

Westgate Assisted Living

Restoration complete: Spartanburg, SC

 

Creative Problem Solving

 Blackstock Development is a privately held commercial real estate owner and developer headquartered in Greenville, South Carolina. Founded in 2017, Blackstock Development is currently developing multiple sites across the Southeast. With over 50 years of experience as developers and entrepreneurs, Blackstock Development brings to our projects a unique focus on creatively transforming under-utilized properties to help them realize their full potential.

 
 

Patrick Britt

PRINCIPAL

Patrick started After School Plus in 2007, so students can make the best of their dead time between 3:00 and 7:00 on school days. Children finish their homework and participate in music lessons, art, gymnastics, dance, and soccer before their parents pick them up after school. “ASP makes lives a little more convenient and simple for families.” ASP has over 200 students and has tutored thousands of children in SC through the NCLB program.

He started Britt Real Estate in 2013 to redevelop an old 84 Lumber site into the premier destination for students for after school education, gymnastics, and ballet. Greenville Gymnastics, Dance Arts Greenville, and After School Plus have over 2,500 students and share a 27,000 SF facility on 6 acres in downtown Mauldin, SC where 40,000 cars pass daily. Since moving into the building in the fall of 2016, all three companies have seen exceptional growth from the visibility from HWY 276/417 but also from the synergies of multiple child-centered activities located together. Britt Real Estate is in the process of building another 30,000 SF at the center.

Pat has started 3 companies. He has experience in development, SC tax credits, and management. He graduated from Wofford with a B.A. in History. He also graduated from USC with a master’s degree in International Business.

 

David Cooper

PRINCIPAL

David began his career in Spartanburg, SC in 1986 with Milliken & CO, after graduating from North Carolina State University, where he studied Industrial Engineering and Textile Management.

During his career with Milliken, David worked as an Industrial Engineer, an Operations Planning Manager, a Worldwide Product Manager, and a division Supply Chain Director. In the midst of his career, David had P&L responsibilities for multi-million dollar business ventures.

After a 16-year career at Milliken, David resigned to begin his own company in the real estate industry. David was the founder of Renaissance Investments in 2001. Renaissance Investments developed a full service “holistic” approach for their investors. Development projects included horizontal sub division development, construction, and sales of multi-million dollar home-sites on Daufuskie Island, SC and a multi-unit office park in Mauldin, SC.

In 2008, David co-founded Precious Metals & Gold, with the purpose of capitalizing on the precious metals market increase. During the time, the Company opened 36 retail locations in 4 southern states. The Company also expanded into the diamond buying and reselling business.

In 2012, David founded a secondary business utilizing his knowledge in the precious metals and consumer lending industry, forming Loan Star, which operated in Simpsonville, SC and grew annually until its closing in 2022.

In 2017, David and his partners began Blackstock Development.

 

Seth Henry

PRINCIPAL

Seth Henry is originally from Pennsylvania and earned his bachelor’s degree in Sales and Marketing Management in May of 1996. He began his real estate career at Triad Construction, where he spent three years assembling real estate investments for the principles of the company. Projects included residential, office, and retail concentrations.

In July of 2000, Seth was hired by Realticorp Real Estate Investment Fund which is located in Greenville, South Carolina. There, he was an active member of the sales team and responsible for over 50 retail and office sites throughout the southeast. Rising through the ranks, Seth was promoted to a Regional Partner position in which he was responsible for overseeing all aspects of development from site selection through construction, implementation, and disposition of property.

In August of 2003, Seth founded Mather Development Group. Mather Development was both a principled developer and fee based development company. While operating as Mather Development, Seth developed over 500,000 SF of retail space and a number of residential projects.

In January of 2008, Seth merged with Apex Development Group as a partner in the business. The crucial experience he provided with commercial and residential development elevated Apex’s foundation and potential for expansion. Apex’s current focus is in the area of Senior Housing, and Seth’s primary roles are deal structure and negotiations as well as all finance related aspects of each project. Seth also coordinates all aspects of a development project from site selection, design, financing, and disposition.

In January of 2017, Seth began working with Blackstock Development as a principle in the business. The company seeks to develop and redevelop under-utilized properties, with a specific focus on properties that have available tax credits. Seth’s primary role is to handle the traditional development aspects of various opportunities.