Richard Tambone has a background in successful entrepreneurship centered in the real estate development business in South Florida, the Southwest and the Greater Boston markets. From a family heritage long established in the real estate development business in New England, Richard launched his first development business in 1981 in South Florida, Tambone Real Estate Development Corporation, a full service development firm specializing in the building and ownership of Class “A” office/research, retail and industrial facilities. Founded on the premise of an “Open Book Policy” leveraging Tambone’s team-based, fast track system, Tambone Real Estate Development quickly became one of South Florida’s premier commercial developers, building and acquiring over 10 million square feet of space for a diverse group of Fortune 500 companies including Motorola Inc, Wackenhut Corporation and Sony Professional Products Inc.
Recognizing the development potential represented by The North American Free Trade Agreement, in 1996 Tambone expanded to the U.S./Mexico border trade market with industrial build-to- suits in Santa Teresa, New Mexico. Since that time, over three million square feet of industrial space has been built at the Santa Teresa Business Center. In addition, Tambone has developed two other industrial parks on 875 acres. Subsequent industrial acquisitions along the New Mexico and Texas border along with several of the strategic New Mexico build-to- suits and industrial lands were sold to several development entities in 2005.
Due to the growing industrial activity and Tambone’s emerging national presence, Richard, along with his wife Lori, founded Tambone Investment Group Incorporated headquartered in the Boston suburb of Burlington, Massachusetts. Tambone Investment Group is a full service real estate development organization focused on acquiring and developing industrial, office and residential facilities in the Greater Boston area.
Richard is a Graduate of Stetson University in Deland, Florida, with a Bachelor of Science degree in Business Administration. He is active in several charitable organizations. In addition, Richard and his organization are active in numerous national and local professional organizations.