Glenwood Commercial Real Estate

Meet The Team

About Us

We Know Commercial Real Estate

Established in 1990, Glenwood Development Company (Glenwood), is headquartered in Mesa, Arizona. Glenwood’s core business is the acquisition, development and management of income-producing commercial properties, focusing on single tenant net lease development and suburban retail acquisition.

Glenwood is owned by Jeff Kost, Brad Forsgren and Tyler Klepinger. The three partners have over 60 years of combined real estate experience, and the fusion of their abilities yields consistently effective results. Glenwood has completed nearly $250 million in acquisition and development for its own account, and continues to pursue quality commercial real estate opportunities throughout the Southwestern United States.

Our Team

Bob Klepinger

Principal

Jeff Kost

Principal

Brad Forsgren

Principal, Designated Broker

Tyler Klepinger

Principal, CFO

Carson Klepinger

Real Estate Manager

Lyndsie McMullin

Director of Property Management

Eric Bramwell

Construction Manager

Recent Projects

Whataburger

$3,200,000

3,800 Square Feet

3077 E Queen Creek Rd
Chandler, AZ 85286

Sold

Dutch Bro's Coffee

$2,900,000

906 Square Feet

3055 S Gilbert Rd
Chandler, AZ 85286

Sold

Multi-Tenant Retail

$3,415,000

6,853 Square Feet

4889 W Ajo Hwy
Tucson, AZ 85757

Sold

View All

Bob Klepinger

Principal

Bob Klepinger is the founding principal and a Managing Member of Glenwood Development Company LLC. Before Glenwood, Bob was a regional manager for HSW Investments, a national shopping center development company based in Florida. In this capacity he oversaw the development and leasing of grocery-anchored centers in Oceanside and Rowland Heights, California. Prior to HSW, he was employed as Real Estate Manager for Cardon Investments, a privately-held real estate investment company based in Mesa, Arizona. Bob has been directly involved in the development, leasing and acquisition of over 2.0 million square feet of retail and office space. He earned a BA in Finance from Arizona State University in 1983.

Office: 480.775.4650 ext. 107
Cell: 480.225.9962
Bob@glenwood.com

Jeff Kost

Principal

Jeff is a principal and Managing Member of Glenwood Development Company LLC. As Glenwood's Director of Development since 1999, he has overseen more than 1 million square feet of commercial development. Jeff is responsible for entitlement, leasing and construction management, and is involved in fostering investor relationships and sourcing new project opportunities. Prior to Glenwood, Jeff was the area operations manager for Edwards Theaters, Inc., in Southern California. He attended California State University Northridge, and is a Certified Construction Manager through Arizona State University’s construction management program.

Office: 480.775.4650 ext. 101
Cell: 480.225.9963
Jeff@glenwood.com

Brad Forsgren

Principal, Designated Broker

Brad Forsgren is a principal at Glenwood and is its designated broker. He is also a Managing Member of various Glenwood sponsored ventures. Brad joined the Glenwood team in 2002 and plays an integral role in finance, accounting, project analysis and investor relations. Brad attended the W. P. Carey School of Business at Arizona State University where he graduated with honors and received a Bachleor's and Master's degree in Accounting.

Office: 480.775.4650 ext. 103
Cell: 480.988.0990
Brad@glenwood.com

Tyler Klepinger

Principal, CFO

Tyler Klepinger is a Principal and the Chief Financial Officer for Glenwood Development Company and is responsible for the Company's day-to-day accounting operations. Prior to Glenwood, Tyler was the assistant controller at Ensemble Real Estate Solutions where his duties included accounting and investor reporting for the hotel investment division. Preceding that, he was a financial analyst at The Wolff Company, a $3.0 billion private equity firm involved in multi-family acquisition and development. Tyler was also a tax associate with Ernst & Young in their Washington, D.C. and Phoenix offices. Prior to joining Ernst & Young, Tyler was the controller for a software development company called Txtwire Technologies. Tyler earned a Master's of Accountancy Degree from Idaho State University, and a Bachelor's of Accounting Degree from Brigham Young University-Idaho.

Office: 480.775.4650 ext. 100
Tyler@glenwood.com

Carson Klepinger

Real Estate Manager

Carson Klepinger joined Glenwood in 2020. He studied finance at ASU and specializes in leasing and site acquisition.

Office: 480.775.4650 ext. 104
Cell: 480.789.9124
Carson@glenwood.com

Lyndsie McMullin

Director of Property Management

Lyndsie McMullin joined Glenwood in the fall of 2017. Lyndsie specializes in leasing and property management. Before working at Glenwood, she helped manage several residential properties in the Phoenix valley.

Office: 480.775.4650 ext. 100
Cell: 480.262.6147
Lyndsie@glenwood.com

Eric Bramwell

Construction Manager

Eric joined Glenwood in the fall of 2020 and specializes in construction management.

Office: 480.775.4650 ext. 104
Cell: 480.465.2431
Eric@glenwood.com