Established in 1979, GRACO Real Estate Development, Inc. is a full service commercial real estate company. Primarily a developer of new commercial projects, GRACO is also active in contract leasing, property management, construction management, and brokerage. 

GRACO's development philosophy is simple: "Make it as simple as possible for a tenant to start doing business in a new location." In-house professionals work in the areas of site selection, zoning, platting, site planning, construction, and financing. This multi-layered structure allows GRACO to take a project from conception to completion. GRACO has developed facilities for: Nike, Costco, Cabela's, United Supermarkets, Wal-Mart Stores, Home Depot, Cinemark Theatres, Barnes & Noble, Pier 1 Imports, Talbots, St. Mary's Hospital, Aetna, World Market, Plains Capital Bank, Vista Bank, American Bank of Commerce, Lubbock National Bank, BJ's Brewhouse, Chuy's, Red Robin, and many more. Projects for these users make up a large part of the $300,000,000 in commercial real estate GRACO has developed in Texas and Colorado. 

All GRACO properties are leased and managed by GRACO staff.  The property management team includes leasing, management, accounting, and maintenance professionals. The Gap, Banana Republic, Ann Taylor, Talbots, Jos. A. Bank, Pei Wei, BJ's, Chuy's, Red Robin, Chipotle, and Starwood Hotels are just some of the businesses operating in over 1,000,000 square feet of retail, office, and industrial space currently managed by GRACO.