Data Center Infrastructure & Development

Data Center

Profile

Founded in 1991, Province Group stands as a distinguished private real estate development and investment company active in the acquisition, entitlement, and development of data centers and data center infrastructure in select US markets. Headquartered in Newport Beach, Province Group and its affiliates are leaving their mark on properties across several states.

What sets Province Group apart is our agility in responding to opportunities, backed by substantial capital resources. The company’s proficiency in the “value-creation” process is evident in our commitment to creative development solutions, community-based involvement, adept market position-ing, stringent cost controls, and highly professional project management. This approach distinguishes us from competitors and enhances our ability to define innovative concepts that generate substantial value.

Province Group has relationships with major power providers, a team of spe-cialists including world-class leading data center architects, electrical and mechanical engineers and power and fiber consultants, resulting in a portfolio of high-quality projects.

At Province Group, our commitment to ex-cellence is grounded in our core values of integrity, diligence, and professionalism. We believe that integrity is the bedrock of our operations, influencing every decision and action. Our approach is characterized by diligence, where thoroughness and attention to detail ensure each project is executed with precision. Professionalism is not just a standard; it defines our interactions within our team and third parties, fostering trust and re-liability. The Province Group team collectively embodies these values, creating a culture where integrity, diligence, and professionalism are not merely ideals but integral to our success in delivering exceptional outcomes.

Mark Kerslake, a seasoned real estate professional with over 40 years of development experience, leads Province Group with a wealth of expertise. Our core team, comprising veteran professionals, collectively holds over 100 years of experience in real estate development. The longevity of our principals and key employees, together for more than 30 years, has cultivated a repository of knowledge and expertise forged through numerous successful projects.

Province Group’s strength lies in its vision and ability to assemble and manage top-ti-er teams of consultants for each real estate endeavor to bring the vision to fruition. From local land use counsel to land planners, civil engineers, and architects, we meticulously select the best professionals in the field. Hands-on involvement by principals, coupled with a dedicated staff, ensures the successful and well-executed development of projects.

A standout in managing the land use approval process, Province Group maximizes project value by navigating through comprehensive plan amendments, zone change applications, and site plan approvals in challenging jurisdictions. Our adeptness in obtaining permit approvals for site work and building construction ensures projects proceed expeditiously and are completed timely.

Dedicated to both innovation and development consistency, Province’s data center infrastructure and development group prioritize delivering reliable outcomes. Striving for best-in-class execution and performance, risk mitigation, and commitment fulfillment, Province has established a well-regarded reputation for its dedication to service, forging lasting relationships.

Core Values: Integrity, Professionalism & Diligence

Financial Strength

Much of Province Group’s success is attributed to its significant financial strength. The company has substantial internal capital as well as established joint venture relationships with industry leading investment management firms. The firm regularly transacts with public companies.

Project debt financing has been accommodated by lenders such as Wells Fargo Bank, Nationwide Life Insurance Company, US Bancorp, Washington Mutual, GMAC Commercial Mortgage, Downey Savings, Imperial Bank, and others.

Risk Management

In prioritizing prudent investments and mitigating risk, Province Group conducts rigorous underwriting and due diligence for each project. The company excels in performing due diligence functions, meticulously evaluating both the existing and potential value of real estate assets.