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Covington Group

Investment, Management & Development

of Industrial Real Estate since 1980


Covington has built a business that identifies opportunities to capitalize upon dislocations in the industrial market regardless of place in the real estate cycle.  We achieve outsized returns by: focusing on undervalued industrial and commercial buildings in markets across the United States that have a fundamental advantage over other locations; executing the appropriate value add strategy; and then monetizing consistent with partnership goals. 

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Asset & Property

Our Property & Asset Management Teams manage a portfolio consisting of 8.4 million square feet of warehouse, distribution, manufacturing and e-commerce buildings across the United States. Together, they effectively and efficiently mitigate risk while optimizing profitability and providing an enduring product for tenants, allowing them to offer a positive environment for employees and increase productivity for business.


Covington controls over 2000 acres of industrial development land in Southern California (as well as other well-located properties across the U.S.).  Our focus is to design, entitle and build state of the art, industrial business parks that provide maximum functionality and flexibility to future tenants.  With our genesis as an owner/operator, we approach every development with a long-term ownership mindset, prioritizing quality and longevity over cost.

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Who We Are

About Our Company

Covington Group, Inc. (“CGI” or “Covington”) is a privately owned, fully integrated real estate investment company specializing in corporate dispositions, REOs, and other types of vacant or distressed industrial properties with a primary focus of recycling and re-tenanting these properties.


Year of Establishment


Years Experience*


SF Developed**

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Kenneth Sheer

Founding Partner & CEO

Mark Milakovich

Managing Partner & President


SF of Buildings Owned

*Combined experience of partners & senior management team

**Total combined SF developed throughout the careers of Covington's development team

Our Capabilities

Experienced Team.

Specialized Focus.

Our experience and success make us uniquely qualified to execute on value-add opportunities within the current commercial real estate market. We've built a team with the capabilities to develop several projects simultaneously as well as to accommodate up to 50% growth of assets under management.

Real Estate Investment

Asset Management

Property Management

Land Development

Construction Management

Land Entitlement



Project Management

What We Do

Our Projects

We specialize in the acquisition, development and management of warehouse, distribution, manufacturing and e-commerce facilities across the nation. 

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