Pinnacle Development is a privately-held commercial development company specializing in hotel, retail, office, and restaurant real estate. Based in South Carolina, the company has developed, acquired and managed properties throughout the Southeast for over 25 years.
During this time, the company has assembled a diverse portfolio through its guiding principles of integrity, innovation and community involvement.
The Pinnacle Development’s portfolio includes:
- Office Space
- Retail Centers
- Medical Space
The firm has built a management team of professionals with extensive industry experience in all aspects of acquisition, development, construction, finance and ownership of real estate assets. These elements combined with ambition and financial prudence have translated into years of long-term growth.
MEET OUR TEAM
Chairman of Board & CEO
C.V. “Sam” Shanbhag serves as Chairman and Chief Executive Officer of Pinnacle Development, where he oversees the combined operations of Pinnacle’s hotel, office, retail, and restaurant divisions. Drawing from over 25 years of experience in his numerous business enterprises, Sam also serves as a Founder and Director of First South Bank based out of Spartanburg.
Sam received his B.S. in Electrical Engineering from NC State University and Bombay University in India.
Geeta Shanbhag serves as President of Pinnacle Development, overseeing accounting, marketing, and sales. As a co-founder of the company, Geeta has been instrumental to the success of Pinnacle Development and draws from more than 25 years of experience managing office and retail operations.
Geeta received her M.A. and L.L.B degrees from Bombay University in India.
Director, Real Estate Development
Phil Simmons serves as the Director of Real Estate for Pinnacle Development, where he manages and develops the company’s growing portfolio. Prior to joining Pinnacle Development in 2001, Phil was Vice President of Asset Management for Grubb & Ellis/The Furman Company. His over 20 years of commercial real estate experience has been integral to Pinnacle’s real estate development leasing, finance, property management, and construction.
Phil received his BA from the University of Kentucky.
As a Director at Pinnacle Development, Shalin Patel assists in overseeing the development of Pinnacle’s commercial hospitality, and mixed use portfolio, as well as identifying new growth opportunities for the company. Prior to joining Pinnacle Development, Shalin worked as the Director of Strategic Services for CBRE in Atlanta. He led the real estate efforts for AT&T globally.
Shalin has an M.B.A from the McCombs School of Business at the University of Texas and a B.S. from the University of Michigan.
Sachin Shanbhag serves as a Director at Pinnacle Development. His focus has been on the company’s asset management, business strategy and construction management. Before joining Pinnacle Development, Sachin worked for TNT Logistics in Jacksonville, FL, as a Senior Consultant.
Sachin is a graduate of the Georgia Institute of Technology with a degree in Industrial & Systems Engineering.