The Petrillo family has a distinguished history in utility contracting, and in 2000, Michael and Felix expanded their vision by founding Petro Real Estate Development. Since then, they have built an impressive portfolio of over 1 million square feet, valued at more than $150 million.
Drawing on their deep expertise in construction and entitlement processes, the Petrillos specialize in revitalizing distressed assets, turning challenges into opportunities. Their unique blend of local market knowledge and strong financial partnerships enables Petro to accelerate its underwriting process, allowing them to move nimbly and secure properties ahead of the competition.
With a commitment to hands-on management, Petro is dedicated to maximizing asset value. The firm is actively pursuing new opportunities in multifamily projects across Westchester and Fairfield counties, as well as industrial properties in the Bronx, positioning itself for continued growth and success in the real estate sector.
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