- Boston, MA
Since 2015, Michael Snedeker has provided real estate guidance and driven long-term corporate development at Shellback Industries, a Massachusetts-based construction firm. Also involved in service-disabled veteran-owned business strategy, Michael Snedeker focuses most heavily on the construction and development of commercial properties. Commercial properties, or those designated for exclusive business use, include industrial, multi-family, office, and retail facilities. The last of these, retail properties, are buildings used to sell goods and services to consumers. Typically they offer good investment opportunities and can be found in a wide range of sizes. The smallest retail stores are usually single-tenant buildings, while the largest are mega-malls that can approach one million square feet in size. However, smaller regional malls, between 400,000 and 800,000 square feet, are more common. There are also strip malls, which adhere to a straight design model with multiple tenants in side-by-side units. Other types of retail properties include neighborhood or power centers that incorporate big box retailers, and also lifestyle centers that employ an open-air design complete with dining and recreational establishments.