East Grove Development Co-Founder Peter Zaree Highlights Nearly $50 Million in Real Estate Closings

Thursday, 10 September 2026 05:10 AM

Topic: 

Company Update

Growing transaction record reflects commercial and residential real estate activity alongside more than a decade of development and construction experience

NASHVILLE, TN / ACCESS Newswire / September 10, 2026 / Peter Zaree, co-founder of Tennessee-based East Grove Development LLC, is highlighting nearly $50 million in commercial and residential real estate closings accumulated through his real estate brokerage activity in Tennessee.

Peter Zaree

Zaree's growing transaction record spans a range of real estate sectors, including commercial land, historic property redevelopment, hospitality, retail, gas stations, residential development and custom-home opportunities. His brokerage activity builds on more than a decade of experience in real estate development and construction.

Rather than being limited to a single property type or transaction structure, Zaree's experience has included working with investors, property owners, developers and business operators across acquisitions, redevelopment opportunities, development land and residential projects.

The transaction activity reflects a range of deal sizes and project types, including commercial acquisitions, historic redevelopment, hospitality projects, retail and gas station opportunities, subdivisions, townhome developments, custom-home land and residential properties.

127 Second Ave North

Zaree's work in real estate is informed by his involvement in development and construction through East Grove Development. That experience provides additional perspective when evaluating properties and development opportunities, including considerations such as zoning, site planning, infrastructure requirements, construction costs and overall project feasibility.

"Having experience in development and construction gives me a broader perspective when evaluating a real estate opportunity," said Peter Zaree, co-founder of East Grove Development. "I want to understand not only the transaction itself, but also what the property can potentially become and what will be required to execute that vision."

Through East Grove Development, Zaree is involved in real estate projects across multiple stages of the development process, including land acquisition, feasibility, planning, entitlement and permitting, construction coordination and project management.

The company's development experience includes commercial retail, hospitality, gas stations, mixed-use projects, subdivisions, custom homes and other real estate development opportunities.

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As his brokerage and development activities continue to expand, Zaree said the combination of transaction experience and hands-on development and construction knowledge remains central to his approach to real estate.

About Peter Zaree and East Grove Development

Peter Zaree is a Tennessee real estate professional, developer and co-founder of East Grove Development LLC, a Tennessee-based real estate development and construction company. Zaree brings more than a decade of experience in real estate development and construction. East Grove Development's experience includes commercial retail, hospitality, gas stations, mixed-use development, subdivisions, custom homes and other commercial and residential real estate projects, with involvement spanning acquisition, planning, development, construction and project management.

Media Contact:

Peter Zaree
East Grove Development LLC
[email protected]
eastgrove-development.com

SOURCE: EastGrove Development LLC