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Developing commercial projects across the country.

500+ Team Members*

20 States*

4 Million+ GLA

$3.8 Billion Volume*

*Thompson Thrift combined company numbers as of Q2 2022.

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About Commercial

Focused on grocery-anchored, mixed-use, retail, and industrial developments

Thompson Thrift Commercial's in-house team of experienced professionals focuses on finding unique market locations for grocery-anchored mixed-use, retail, and industrial development projects across the country.

Special attention to locations that bring new business opportunities to underserved markets across the U.S. is our top priority. We look in markets with impressive demographics, high demand for quality retail and other service options, visibility, and accessibility - just a few of our stringent criteria assessment to determine project viability.

Our in-house leasing team works closely with development on the merchandising plan for each Thompson Thrift mixed-use and retail development, followed by in-depth research on new and existing businesses looking to expand or relocate in the markets we serve. We also work with some of the nation's top brokerage firms to ensure we are connecting with retailers and other businesses across all categories—from big box and smaller inline users to entertainment, restaurants, soft goods, and services.

Our Markets

Location is key.

We are developing projects across the country. Interested in finding commercial space? We have a wide mix of project types for you to consider. Visit our properties page for a complete list of our commercial locations.

Our Team

World class team members from the ground up

At Thompson Thrift we strive to achieve our core values of excellence, leadership and service every day. Our teams work with our partners to ensure they are receiving the service they expect and deserve.

Paul Thrift

Paul Thrift



Ashlee Boyd

Ashlee Boyd

Managing Partner, Commercial


Chris Hake

Chris Hake

Senior Vice President, Director of Southwest Region


Chris Alexander

Chris Alexander

Senior Vice President, Industrial Development


Don Potter

Don Potter

Senior Vice President, Director of Development Operations


Brad Bisser

Brad Bisser

Senior Vice President, Property Management


Ryan Menard

Ryan Menard

Vice President of Development


Ryan Smith

Ryan Smith

Vice President of Leasing

Where We've Been

Where We're Going


Thompson Thrift started its journey into the commercial sector in the mid-1990's with only 20 retail projects in Indiana and Illinois.


Since then, Thompson Thrift's commercial business unit has grown exponentially by expanding its product offerings to include grocery-anchored, retail, mixed-use and industrial developments in new markets across the US. Thompson Thrift now has over 150 commercial developments and is continuing to grow.


The future of Thompson Thrift's commercial development centers around expansion into new markets, enhanced research and depth of understanding in current core markets, continued discipline in underwriting and site selection, and leveraged relationships with brokerages, builders, master developers, and economic, planning, and transportation departments.

Drone View Fishers District

We work in a very transparent manner with the municipalities that we’re doing business in, and negotiate in an ethical manner to bring quality projects to those communities that will be a lasting impact.

Ashlee Boyd, Managing Partner, Thompson Thrift Commercial
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Thank you for stretching the concept of what retail development can look like in a suburban environment and investing and partnering with myself, the city council, and our team to create something extraordinary for our city.

Mayor Scott Fadness, City of Fishers, IN
Drone View Fishers District

Working at Thompson Thrift has given me a greater perspective on what teamwork is all about. It’s great to be part of company that puts people first.

Brandon Borah, Director, Retail Sales & Leasing

Our Services

Experienced real estate professionals focused on development and leasing

We offer a full range of development, construction, leasing, and property management services focusing on grocery-anchored retail and mixed-use developments. Our aggressive and proactive approach to every aspect of our business activities delivers projects on time and on budget.

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