Hugh Tierney
Principal, Empire Real Estate Development, LLC
Virginia Beach, VA 23451
Phone (757) 321-1710
Property Types
Industrial, Flex
Markets
Richmond VA, Hampton Roads
Bio
Hugh began his career in Real Estate as the Research Director for Paragon Properties, one of the largest commercial real estate brokerage arms in Austin. Hugh advanced his career as a Financial Analyst in the Land Management Division of Nash Phillips/Copus, the largest homebuilder in the state. In 1997, Hugh accepted a position with the Balcor Company in Skokie, Illinois as a Senior Underwriter for acquisitions and underwrote approximately $100 million of investments in apartments, office buildings, mini-warehouses and mobile home parks. While with Balcor, Hugh relocated to assist with the $35 million renovation of the Mall of the Americas, beginning his career in real estate development. This experience led to his appointment as Director of Development with Goodman Segar Hogan in 1989. While at GSH, Hugh was the lead developer and landed several retail construction and renovation projects with a value in excess of $25 million. Projects included: Newmarket Fair Mall in Hampton, Southern Shopping Center and Roosevelt Gardens Center in Norfolk, and several other residential and retail projects throughout Hampton Roads. Hugh joined Liberty Property Trust in 1994 and participated in the acquisition, development and leasing of over $120 million in projects. Hugh’s primary responsibilities included the development of 10 office, industrial and data center projects. Hugh formed EMPIRE DEVELOPMENT in 2000 and has assisted a wide range of clients with over a dozen projects totaling more than $25 million. Hugh’s efforts include development, brokerage and consulting services for retail, office and office/ service properties from Hampton Roads to Fredericksburg, VA.
