ABOUT OUR TEAM
Experience Matters.
We know Commercial
Real Estate.
Our People Make the Difference
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.
MEET THE TEAM
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.
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.
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.
Bentson Richardson
Development Manager
Bentson joined Glenwood in February 2024, is responsible for entitlement and is involved in leasing, acquisition & disposition, and construction.
Bryce Dupree
Controller
Bryce joined Glenwood in March 2024 and oversees the company’s accounting and finance functions. Before Glenwood, he built his career in financial services, holding roles as a Corporate Actions Analyst, Customer Experience Professional, and 401(k) Retirement Specialist. Bryce earned an MBA from Western International University and a Bachelor’s degree in Business Management with an emphasis in Finance from Brigham Young University–Idaho.
Eric Bramwell
Construction Manager
Eric joined Glenwood in the fall of 2020 and specializes in construction management.
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.