Build With Confidence
With over 25 years of experience, PW Development Services delivers turnkey expertise across every phase of site planning, design, development, and construction, encompassing the entire sellout process. We provide the insights, systems, and support to take projects from vision to reality, ensuring they are completed on time, on budget, and built to last.
Our proprietary market assessment and valuation services provide clients with a competitive edge in identifying the right sites and maximizing returns. We produce best-in-class documents, designs, and development strategies that set the standard in the industry. Details matter, and we know how to get them right.
Mistakes in this business can cost millions. That’s why we help you avoid costly pitfalls while guiding you through equity raises, financing, entitlements, and approvals. From the first sketch to the final closing, we’re your trusted partner and single source of accountability.
PW Development Services isn’t just a service; it’s a proven pathway to success, backed by decades of expertise and a track record of projects that perform.
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Meet the Owners
Steve Garrison
Founder / Managing Member
Steve Garrison is the visionary founder of Personal Warehouse®, the defining category creator behind Multi-Flex Space, and the consultant developers, investors, and capital partners trust to enter and win in this asset class. Since 1999, Steve has delivered 3,000+ ownership-based units across 40+ projects in seven states, totaling 3M+ square feet and $300 million in managed assets. Before the market had language for it, Steve pioneered the shift from traditional leasing to ownership-driven commercial real estate, creating a smarter model for utility, income, and value.
His proprietary innovations including the 99 year ground lease, developer-led design-build approach, and Personal Warehouse Financing have established the field tested playbook for structuring, financing, selling, and optimizing Multi-Flex Space® projects. Trusted nationwide, Steve helps teams avoid costly mistakes, secure multimillion-dollar financing, accelerate sellouts, and make confident decisions. He is a highly sought-after speaker, host of the MultiFlex Bootcamp, and recognized nationally as a practical visionary and operator.
Eric Greven
Founder / Managing Member
Eric is a Colorado native and graduate of Colorado State University, where he earned a degree in Business Administration. He was the COO for a regional professional services firm in Denver, Colorado for five years. Prior to his work with Personal Warehouse®, he founded two successful start-up businesses in web design and development. He has also held management and director positions in two Fortune 100 companies, all of which provided him with an extensive background in business process design, sales, management, and operations.
Eric has managed operations for Personal Warehouse® since 1999. From predevelopment through project completion, Eric’s primary focus is the construction process, sales, legal, banking, and investor relations. His ability to cultivate strong business relationships with customers, investors, and project teams is a critical aspect of his job and a key to his success. With robust industry knowledge and a commitment to building effective teams through processes, Eric has been able to help the company reduce risk and enhance the speed and quality of project development and sell-out.
Investors in our projects typically see cap rates in the 7.5%–9%+ range on NNN leases. The NNN structure means tenants pay property taxes, insurance, and maintenance, dramatically reducing your management burden and protecting your yield. These numbers compare favorably to most retail, office, and multifamily investments at similar price points.
Demand consistently exceeds supply in our markets. Small business owners, tradespeople, and lifestyle users actively seek quality Micro-Bay Flex Space, and the supply of well-finished, ownership-quality units for lease is limited. Vacancy periods are typically short, and re-tenanting costs are low because the space is move-in ready.
Generally, yes, as a commercial real estate investment held for productive use, Personal Warehouse® units qualify for 1031 exchange treatment. We strongly recommend consulting with a qualified intermediary and CPA to confirm eligibility based on your specific situation and holding structure.