CREATING LASTING VALUE IN THE COMMUNITIES WE SERVE
DEVELOPMENT
Why We Develop
At TRG, development is about more than just building projects—it’s about creating lasting value in the communities we serve.
From residential buildings to large-scale commercial sites, we develop projects that are thoughtfully designed, financially sound, and built to stand the test of time.
With a team that brings experience in design, construction, and finance, we manage every step of the process, from deal and capital sourcing to design, construction, and long-term operations.
Our Leadership in Development
$200M+ Collective Project Experience Across Multiple Sectors
Peter Rienks brings over 17 years of commercial real estate and utility-scale energy development expertise. He started his development career in 2009—capitalizing on the era’s historic federal stimulus packages and energy grants to enter the renewable sector—and has since driven high-performing commercial projects across the retail, congregational, office, specialty coffee, and vacation rental sectors.
His background includes developing over $200 million in large-scale utility solar farms across North America and the Caribbean, with major installations throughout Florida, Connecticut, New York, New Jersey, Michigan, Ohio, Indiana, Illinois, Minnesota, Texas, New Mexico, and Arizona. Peter led all facets of these capital-intensive developments, from deal sourcing and incentive structures to design, contracting, capital raising, and execution. Several of the solar initiatives were delivered directly for premier utility partners, including Southern Company, AEP, ComEd, and DTE Energy (Detroit Edison)—highlighted by a flagship $100 million utility project.
Today, Peter applies this cross-industry rigor to leading TRG, one of the region’s fastest-growing commercial real estate general contractor and development firm. Holding a Bachelor of Science in Architecture from Lawrence Technological University and an Executive MBA from the University of Notre Dame, Peter combines architectural design degree with institutional business strategy to execute large-scale, high-impact commercial developments.
Peter Rienks
Founder & President
Terry Malloy joined TRG in 2023 to source, analyze, and execute development deals. Previously, he was a Real Estate Financial Analyst at High Real Estate Group in Lancaster, PA, where he built and managed financial models to support acquisitions for High’s $1.4B portfolio. Before that, Terry served as a Development Manager for Washington, DC’s Deputy Mayor for Planning and Economic Development. He also led business and product development at a SaaS startup and gained venture capital experience with Lavrock Ventures while in business school. Terry earned his MBA from the University of Notre Dame in 2018, equipping him with a strong foundation in finance and strategy that drives TRG’s development success.
Terry Malloy
Director | Development
THE RIENKS GROUP
Since its founding six years ago, TRG has grown into a trusted name in construction and development, completing 68 projects in 2024 alone and achieving an average annual revenue growth of 90% since 2019.
With 30 talented employees, we bring the scale, skill, and creativity to take on projects of all sizes. Together, Peter, Terry, and the TRG team are committed to creating developments that not only deliver strong returns but also strengthen the communities where we live and work.
CURRENT PROJECTS
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Wounded Minnow
COMING 2027
A mixed-use building project that combines ground-floor retail with modern residential living above.
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The Marquette
COMING 2028
A mixed-use development combining modern multi-family residences with ground-floor retail and expanded parking to support downtown growth.
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Cottage Resorts
COMING 2028
A series of cottage-style resorts that combine high-end vacation amenities with a premier destination experience.
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Wedding Venue
COMING 2027
An income property developed for events.
SECTORS OF FOCUS
MULTI-FAMILY
RETAIL
MIXED-USE
HOSPITALITY