Philosophy

Tenant demand, architectural interest, and environmental concerns have focused our strategy on the redevelopment of existing properties. Tenants are saying that they want their space to go beyond a simple work area and inspire them every day. They want their office or store to be cool, creative, authentic—and within walking distance to amenities.

Headwall targets buildings that offer unique architectural features that cannot easily be replicated by new construction. Elements like weathered brick, 20-foot ceiling heights, and antique-hardwood flooring make these buildings uniquely compelling. Several of our projects have been major renovations of historic properties, and we take pride in the careful work necessary to bring an 85-year old building back to life.

This approach to development allows us to reuse both a city’s existing buildings and its related infrastructure of roads, water, sewer and power. So while we are revitalizing downtown areas, we’re also limiting suburban sprawl. It’s an exciting combination of profitability and sustainability.

Background

Reynolds Maxwell, President

Reynolds Maxwell graduated with honors from Stanford University in 1995. He was a financial analyst at investment consulting firm Cambridge Associates from 1996 through 1999, where he provided investment advice to major endowments such as the University of California, UC Stanford Health Care, Notre Dame and the Johnson and Macarthur Foundations.

From 1999–2001, Reynolds served as Investor Relations Manager at Bowman Capital, a multi-billion dollar venture capital and hedge fund firm. He played a lead role in raising over $1 billion for two new venture capital funds, and also managed relationships for the firm’s largest clients (including Michael Dell, Goldman Sachs, Morgan Stanley and Blackstone).

In January 2003, Reynolds joined Maverick Partners as a commercial real estate broker after relocating to Durham from San Francisco. He has assisted dozens of buyers, sellers and tenants in various purchase and lease transactions. Reynolds also holds the prestigious CCIM designation-recognizing the completion of advanced real estate courses and significant history of closed deals.

In 2004, Reynolds formed Headwall Development, Inc to focus on adaptive reuse development projects. He has successfully redeveloped nine commercial properties in Durham, NC and is currently evaluating new investment opportunities around the country.

Reynolds is a licensed real estate broker with Maverick Partners in North Carolina (Lic. # 205091) and with Pennbrook Properties in Oregon (Lic. # 201002141). He currently resides in Bend, OR with his family and travels regularly to Durham, NC.