Our Company

Carl M. Freeman Companies

In its seven decades, the Carl M. Freeman Companies has evolved from residential development of well-planned, environmentally-concerned communities to commercial property developers whose portfolio includes award-winning beach-front, golf course communities and shopping centers focused on community activity as well as convenience.

Inside the offices of Carl M. Freeman Inc. (Historical photograph)

Our hands-on experience has created within our company the expertise to manage capital investments, from land acquisition and/or property redevelopment to the full range of commercial property management services, and everything in between.

We do so continuing the legacy that positions the Freeman name as synonymous with a caring, thoughtful, and deliberate approach to all aspects of real estate development.

We are a family-owned company, which is a mark for me of pride, and I take very much to heart the responsibility of carrying the Freeman name and the Freeman values into the 21st century. My carefully-chosen leadership team and I look forward to honoring our company’s long history of excellence as we create a bright future for our region, our clients, and our partners.

Michelle Freeman

Core Values

Creating places that enrich lives–it’s the essence of the Freeman Companies vision. The core values that support this mission have been ours since Carl M. Freeman founded the firm in 1947.

We are always...

Respectful, forthright and ethical

Disciplined and focused

Committed to operational excellence and financial success

Accountable

Even more, we work to...

Foster creativity, collaboration and entrepreneurship

Provide our people with opportunities to succeed and grow

Nurture meaningful relationships with our customers and partners

Engage in the communities in which we live, work and play

Have fun and celebrate success

Board of Directors

Leadership Team

The Talent

Freeman as Developers

Our unique owner’s perspective enables us to create vibrant centers via groundbreaking development concepts and cost-effective practices. Through careful analysis of the property and the local market, community identity is enhanced leading to strong and meaningful relationships with customers and tenants.

Experience

Our deep experience in the marketplace enhances our ability to be creative in assessing multiple avenues of market potential and of maximizing assets to create or rejuvenate the shopping experience for the community.

Innovation

Our team combines creative design with cost-effective practices so as to enhance asset value by attracting, positioning and retaining desirable long-term tenants who can build relationships with the community.

Sustained Success

1947: award-winning Carole Highlands, the Freeman Companies first planned development
1972: Sea Colony, the premier beach and tennis resort community, cherished by generations of families
2005: The Village at Bear Trap Dunes, acclaimed golf course and small town charm
2007: Bayside, winner of six coveted Regal Awards and home to Delaware’s first Jack Nicklaus Signature Golf Course

Freeman as Property Managers

We specialize in the creation of place which, aided by a proactive management style, emphasizes success and satisfaction for both retailers and shoppers alike, thus ensuring assets not only hold but increase in value.

Proven Process

Our customized management and maintenance programs and detailed monitoring and analysis of projected net income keeps each center active today and positioned for redevelopment in the future.

Bayside Resort Golf Club 1st Hole Aerial

Manages Proactively

We maintain consistent on-site property management presence, assuring frequent communications with both tenants and landlord, as well as an active review of tenant roster, lease conditions, expiration date and renewal options to enhance optimal cash flow.

Builds Community

We work to position each center as a community hub, thus increasing traffic by coordinating marketing and communications with tenants, providing the details that create shopper preference and loyalty, as well as encouraging active participation from local groups.

Freeman as Value Creators

Our philosophy of partnership is simple: it is an opportunity to work with others to gain trust, to share ideas, to find solutions, to enhance all of the elements involved in successful investing. This enables us to cast a wide net in finding unique angles which offer often-unsuspected potential for creating value. Added to that is the fact that our unique owner’s perspective gives us the historical grounding to be unafraid to be unconventional in finding the multiple ways of enhancing an investment.

Analysis

We use every tool available, including our own deep knowledge of the economy, shifting market cycles, and available macro indicators, to understand when to buy and when to sell.

Vision

Knowledge of a property, the market, and the tenants enables us to find unique angles that will yield significant potential for maximizing value.

Implementation

Creating place calls for an experienced and expert blend of ambiance via architecture, landscaping, seating, and physical surroundings, plus driving the right tenancy with an appropriate mix of merchants that appeals to the community demographic.

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