Shears/Delery Interests Shears/Delery Interests, an innovative commercial retail development partnership, offers creative expertise in market research, site acquisition, financing, and leasing of commercial properties coast to coast. Shears/Delery has earned a stellar reputation in the "Shadow Center" development markets, especially where small to medium-size national tenants are involved.

A "Shadow Market" Strategy
Shears/Delery Interests specializes in retail center development using national and other large tenants as anchor draws for small and medium- sized tenants. By creating this unique synergy, Shears/Delery satisfies a significant, but often overlooked, market segment by other commercial real estate development companies.

Typically, our retail tenants range from 2,000 to 20,000 square feet and are located near large grocery or major discount store chain outlets. In addition, most Shears/Delery development centers provide cross access with their anchors and are situated in front of these draws on prime pad sites, The result is a prime "Shadow Center" environment that offers a mutually beneficial, symbiotic relationship - for both large and small retailer.

A Young Team Ready to Move Quickly In the commercial real estate development arena, time really is money and good timing is vital. That's why it is essential to have an aggressive, responsive team available in a crunch. Our team is primed for last-minute plane trips within 24-hour notice. After all, in highly-sought after markets, the first player in can always secure the better site. Getting there first is one key facet of our service strategy.

But our definition of service involves several other realms. We provide market research analysis on demand for tenants requesting feasibility studies for specific markets. And frequently, after their site is located and approved, tenants provide a conduit to other stable, national tenants waiting for such an opportunity. Success ultimately results when anchor-drawn customers generate multiple retail visits.

The People Who Make the Strategy and Service Work

Born and raised in Houston, Charles Shears graduated from The University of Texas- Austin in 1983. After working with the Subin-Huey Company in Dallas as a land broker through 1986, he returned to Houston and joined Fuller Commercial Brokerage as a Real Estate Investment Broker. In 1989, he joined Shears Investments, a high-profile real estate development company launched by his father, Dr. Charles G. Shears. By the late 80's, the company had acquired an impressive portfolio of office, medical and retail ventures, including multiple RTC properties.

In 1992, Shears became CEO and president of The Shears Companies, with Dr. Charles G. Shears as Chairman.

Kenneth J. Delery A native Houstonian, Kenneth J. Delery attended Texas A&M University, where he earned a Bachelor's degree in Business Finance in 1982. Mr. Delery's career began with Chase Bank-Texas (formerly Texas Commerce) as Vice President for the commercial real estate construction lending division. In 1986, he became a commercial real estate broker for the Henry S. Miller Company, Grubb and Ellis, where he was recognized as the Top "first-year" Producer. In 1994, he joined Yancey-Hausman interests, a commercial development industry mainstay, to launch a new, retail division.

A Combination That Equals Strength: Shears and Delery
As growth opportunities soared, Ken Delery and his long-time client Charles Shears teamed together in 1998, resulting in Shears/Delery Interests, one of the strongest partnerships today in the commercial real estate marketplace.