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We are a privately held, family-owned commercial real estate company with headquarters in Fredericksburg, Virginia.

Payne Property Development provides personalized, knowledge-based service with the goal of helping you find space that works. We do in-house development and site work for new construction and build outs, minimizing the need for subcontractors. We can do everything from beginning to end and manage the entire process.

As a leader in industrial warehouse leasing, development and management, we specialize in light industrial, mixed use office and warehouse facilities for lease. Learn more about what PPD can do for you on our Services page.

Danny Payne, president, CEO (email)

Danny Payne founded Payne, Inc., in 1971 when he began a successful Brandy, VA trucking company. With 14 years’ experience in East coast hauling and a working knowledge of his shippers’ real estate needs, Danny expanded the company by founding Payne Property Development in 1985.

The subsequent growth of the real estate company was based on Payne Property Development’s skills in identifying customers’ needs and then meeting them. Danny’s success was attained through hard work, honesty, attention to detail, quality service at a fair price and a belief in going beyond clients’ expectations. His motto is, "Always give the customer more than he expects."

He grew up in Culpeper, Virginia, and now resides in Fredericksburg. Serving more than four decades at the helm of Payne, Inc., Danny still enjoys working one-on-one with PPD’s commercial real estate clients. From site selection to building design, he helps find space that works now and into the future.


Danny Payne

Danny Payne

10411 Hall Industrial Dr., Fredericksburg, VA 22408 (540) 898-5466 rnewton@paynetrucking.com © 2016 Payne Property Development