Company History

Danny Payne launched Payne Property Development in 1985. By successfully identifying the needs of his customers and then creating space that met those needs, PPD was able to expand its real estate holdings throughout Virginia. Hard work, attention to details and offering quality service at a fair price, has led to PPD attaining the reputation of giving its customers more than they expect. Payne Property Development continues to capitalize on the expected growth in the region. At this time, PPD is constructing a new 30,000sf warehouse in Fredericksburg, Virginia, which will be completed by mid-2019. PPD provides knowledge-based, personalized service, with the goal of assisting its tenants in acquiring the proper space for their use. By doing in-house development and site-work for new construction and build-outs, PPD has successfully minimalized the need for subcontractors. From beginning to end, the PPD staff manages the entire process, which has led to PPD becoming a leader in industrial warehouse leasing, development and management. PPD specializes in light-industrial, mixed-use office and flex-space warehouse facilities. When looking for “Space that Works” contact PPD for personalized and thoughtful assistance. PPD is a privately-held, family-owned commercial real estate company with its headquarters in Fredericksburg, Virginia