Our values

Our Values

At Luck Real Estate Ventures, our values are the principles of the way we operate our businesses. From the way we work internally each day, to the relationships we foster with our customers and communities, we are guided by four core values.

Commitment

Takes personal responsibility for the success of self, others, and the organization

  • Model safety, health, and environmental stewardship
  • Do what it takes
  • Pursue excellence
  • Celebrate success

Creativity

Delivers ideas and innovation that add value

  • Be curious
  • Learn new skills
  • Be open to change
  • Explore and experiment

Integrity

Earns the trust and respect of others

  • Be honest
  • Do what you say
  • Hold self and others accountable
  • Give and receive feedback

Leadership

Ignites human potential and performance

  • Value diversity and differences
  • Develop self and others
  • Inspire confidence and optimism
  • Confront issues

Venture Forth

Luck Real Estate Ventures (LREV) is proud of our Company's deep, authentic commitment to the land and people of Virginia and the mid-Atlantic.

We put a century’s worth of land development and management experience to work for you every day. As a catalyst for sustainable growth, we're actively seeking prospective buyers and tenants for select industrial, commercial and land holdings in our portfolio.

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Approach

Luck Real Estate Ventures’ vision is to positively impact economic growth through industrial real estate ventures by leveraging the company’s assets as well as the team’s long-term relationships and entrepreneurial orientation.

Partnering for success

LREV works closely with its partners to realize the full economic potential of our properties, carefully managing each project to affect positive change in the community. Over time, the strong relationships we’ve built with our neighbors has enhanced the value of every LREV property.

Caring for our Communities

We care deeply about our communities, and strive to ensure their continued prosperity and growth. Our approach is strategic, sustainable, and ultimately unlocks greater social and economic benefit for communities.

Turning Assets into Opportunities

LREV’s extensive property holdings, from Hampton Roads to Central and Northern Virginia, are primed for successful development. Every parcel offers easy access to both growing markets and major highways. You will be backed by the expert Real Estate Ventures team, as well as the strong planning, engineering and political resources of Luck Companies.

Projects

Industrial

We understand the complex political, engineering and construction factors that need to align for an industrial project to succeed. From zoning, acquisition and site planning to project management support, the LREV team will work closely with you to keep your development on track.

Commercial

A thriving commercial experience can revitalize a community and set the foundation for a prosperous future. Many of our properties are ideally suited to the unique requirements of successful commercial and retail-oriented development, with appealing locations in high-traffic areas.

Land for Development

The LREV portfolio includes many strategically-located properties, just waiting for the right visionary developer. We will help ensure every greenfield project realizes its full potential —quickly, cost-effectively and profitably.

Meet Our Team

  • team
  • Jon Riley
    Land Use Director

    As Land Use Director, Jon’s focus is on the strategy and relationships within LREV's lease portfolio.  Jon’s deep industry knowledge and relationships help existing partners grow their businesses' and footprint through LREV’s real estate offerings.  In addition, Jon oversees Luck Stone’s real estate portfolio and needs including acquisition and sales, entitlements, permitting and coordination of day-to-day operations. Prior to joining Luck, he was a project manager for a regional mixed-use developer and was involved in the development of over two million square feet of retail, residential and office space.  Jon holds a BA from the University of Virginia and a Master’s of Urban and Regional Planning from Virginia Commonwealth University.

  • Vik Murthy
    Land Use & Development Manager

    Vik believes passionately in the revitalization of urban spaces, and in real estate development as a means to positively impact a community. He has led teams responsible for multi-million-dollar real estate portfolios, has directed the development of successful commercial projects throughout the Metro-Richmond area and currently serves on the Richmond Planning Commission.

    Vik earned an MBA in Real Estate and Land Development and a BS in Accounting, both from Virginia Commonwealth University.