Built to endure. Rooted in community.

Fennel develops and advises on commercial real estate across the Southeast, from adaptive reuse and infill retail to mixed-use districts and suburban centers ready for a second act.

A historic red brick corner building with arched windows and street-level storefronts

Like the plant we're named for, we bring essential things to the places we serve, find value in overlooked ground, and build to endure.

Development and advisory: the building, and knowing what to build.

Development

We see long, complex projects through from entitlement to stabilization, and turn overlooked and underused sites into lasting assets.

  • Site selection and acquisition
  • Project underwriting and feasibility
  • Entitlement and approvals
  • Design and construction management
  • Tenant mix planning and leasing oversight

Advisory

We guide owners, investors and communities on what to build, where, and why, toward the highest and best use of their ground.

  • Highest and best use studies
  • Market and feasibility analysis
  • Owner's representation
  • Development project management
  • Community and public partnerships

Where we work

A historic brick building with "Warehouses" painted across its arched facade

Adaptive reuse

Giving buildings with good bones a second life. Like the plant, nothing is wasted: every part is put to use.

Brick storefronts with awnings on a tree-lined corner in Savannah, Georgia

Infill retail

Neighborhood-scale retail on the lots between, where daily needs and foot traffic meet.

Modern brick and glass apartment buildings above street trees in Chattanooga, Tennessee

Mixed-use districts

Places to live, work and gather that draw tenants and neighbors alike.

Aerial view of a suburban shopping center and its parking lot surrounded by trees

Suburban retail repositioning

Strip centers and single-tenant buildings with good access and tired tenancy. We re-plan and re-tenant them for what the surrounding community needs now.

How we work

A new generation of developer: as credible as the established firms, closer to the communities we build in.

Build for the community and the deal
Strong returns and strong neighborhoods are the same project, not competing goals.
Thrive in tough ground
We look for value where others don't, and have the courage to build it.
Work with endurance
We are a partner built to go the distance with you, from first study to stabilization.
Partner with local and national tenants
We have experience working with both local and national tenants, and our focus is creating a curated tenant mix.
Move faster with AI
We use AI to speed up research, underwriting and paperwork, an edge most development firms don't have yet. The tools make us faster; the judgment and expertise stay ours.
Caroline McMeans

Meet Caroline

Caroline McMeans, Founder & Principal

Caroline has spent a decade developing and repositioning real estate across the Southeast. She has turned historic downtown buildings into mixed-use destinations, helped lead master planning for a national retail and mixed-use portfolio, and partnered with Alabama cities to bring their downtowns back to life.

She holds a master’s in real estate finance from Georgetown University and is a licensed real estate broker in Alabama, Tennessee and Georgia.

Read Caroline’s full story

Have a site, building or idea?

Tell us what you're working on. We'll help you see what it can become.

hello@fennelcre.com