Where We've Been
MJR was founded in 1991 by Michael J. Raskin.
MJR specializes in adding strategic value to under-utilized real estate through redesign and repositioning. We have an integrated business model with our own in-house finance, construction management, marketing, and property management functions which support office, retail, residential, and industrial property development. MJR has, since its founding, focused on developing quality real estate and operating under the philosophy that real estate dreams can indeed come true. Over our history, we have focused on projects that combine our ability to creatively overcome obstacles while staying within challenging economic boundaries.
1990 to 1992
MJR managed the development of a number of office buildings for Pacific Development, including two buildings for the State of Washington. Working with the State has remained an important focus for MJR since that day. In 1992 MJR completed a building for Puget Power in Mount Vernon.
1994
MJR Development completed its first building for the federal government, Creekside Center, located in Poulsbo, Washington. This 42,000 square foot building was leased to the U.S. Government and is the largest building in Poulsbo. With the construction of this building and other State buildings, MJR Development added to its expertise in developing projects for government users.
1994 to 1998
MJR completed a number of commercial projects and, in 1998, completed Tiara de Lago, its first residential project. Tiara de Lago is now recognized as a premier residential location in downtown Kirkland. This project won the prestigious Master Builders Association Major Achievement in Market Excellence award for the Best Multifamily Floor Plan.
By 2000
The MJR portfolio had grown to include build-to-suit projects in retail, residential, office, industrial and mixed-use. The company also continued to grow revenues and employees, adding building management, construction management, and marketing functions.
Today, MJR Development is a real-estate development partnership with an extended set of business partners who share a common set of values and a love for real estate projects that are done right. MJR is headquartered in Kirkland, Washington and provides clients in the Puget Sound area with quality real estate options.