Scherrer Construction forms development subsidiary

Burlington-based Scherrer Construction Co. Inc. recently announced that it has created a subsidiary called Scherrer Development Group that will provide development services. Scherrer Development Group will offer development, design and construction services, financing/investment services and property management and leasing. It will operate out of the headquarters of Scherrer Construction in Burlington.  Leslie Scherrer, the daughter of Scherrer Construction president Peter Scherrer, is the development group leader. Prior to joining Scherrer Development Group, she earned experience with a Madison-based commercial real estate development company where she focused on feasibility analysis, lender relations, investor relations and the financial strategy of the partnership. In addition, she worked for a Wisconsin-focused multi-family housing developer where she served as owner’s representative by overseeing all components of property development including predevelopment, acquisition, financing, construction, leasing, and property stabilization.