Lockhart Companies Incorporated is the largest owner of shopping centers in the U.S. Virgin Islands and one of the largest owners of undeveloped land on the island of St. Thomas. The Company owns, operates and develops shopping centers and other commercial real estate, primarily on the island of St. Thomas.
Lockhart currently owns and operates eight shopping centers -- Drake’s Passage Mall, Grand Galleria, Lockhart Gardens Shopping Center, Fort Mylner Commercial Center and Fort Mylner Shopping Center, Red Hook Plaza, Orange Grove Shopping Center, and Market Square East -- and owns and operates additional commercial real estate parks in which Lockhart provides the necessary infrastructure, such as roads and utilities, and then enters into long-term ground leases with selected commercial tenants.
Lockhart owns approximately 400 acres of undeveloped real estate zoned for commercial and residential development, located either adjacent to the primary business and tourist district on St. Thomas or on the main highway connecting downtown and the eastern end of St. Thomas, where most of the island's population resides.
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Commercial Real Estate
Undeveloped Real Estate