Condyne was formed in 1998 to capitalize on development opportunities within the warehousing and transportation industries originating from clients of Condyne Freezers and Condyne Logistics, both owned and operated by the O’Neill family.  After the principals of Condyne divested of the warehousing and transportation companies in 2001, the focus was targeted exclusively on creating real estate development opportunities within the industrial market, primarily high-bay distribution centers.  As part of the company’s continued entrepreneurship, additional entities have been formed making up Condyne and its affiliates as a fully vertically integrated real estate development firm providing a single source for all development needs in the New England market; including consultation, design, engineering, construction, and property management. To date, the principals have developed in excess of 10 million square feet of space in multiple real estate product segments based on their knowledge, strengths, and relationships within the real estate industry.


The newly formed Condyne Capital Partners is focused on continued development, construction, design, and engineering of industrial, warehouse, food-related, and office assets throughout New England.  The principals’ depth of experience, consultative approach, geographic focus, vertical integration, and deal sourcing have made Condyne Capital Partners a premiere development firm in the region.  As the real estate market continues its growth and stability, the Condyne team is ready to take advantage of and invest in these opportunities as well as partner with institutional and high net worth investors.

“The experience and professionalism of the entire Condyne staff was evident in each and every step of the development process. Your knowledgeable approach, experienced personnel and permitting capability are important traits your team exemplified.”

William H. Anderson, Principal

Prudential Real Estate Investors



Principals joined Condyne Freezers.


Principals formed Condyne Logistics, LLC a full service refrigerated transportation company


Principals entered the real estate development and management business as Condyne, LLC.


Condyne Freezers and Condyne Logistics were divested


Fund I, Compass Realty Partners, LLC formed – founding members


Fund II, Condyne Investment Fund II, LLC formed – founding members


Condyne Engineering Group, LLC formed – full service design engineering


Condyne Capital Partners, LLC formed to develop/acquire New England real estate


Polar Design Build, Inc. formed – full service design build construction management firm


  • Depth of Experience

    • Unique expertise of warehouse, distribution and supply chain management.
    • Vertical integration, enables manager to create value rather than simply arbitrage cap rates and leverage.

  • Vertical Integration

    • Construction management and design/engineering improve cost control and speed to market.
    • Property management improves anticipation of customer needs.
    • Improved client retention.
    • Capitalize on investment opportunities.
    • Enhances property value.

  • Geographic Focus

    • East Coast population centers, ports and other key logistical locations.
    • Local market knowledge and contacts drive ability to generate investor returns.

  • Deal Sourcing

      • Leverage strong relationships and fragmented nature of the market.
      • Manager typically avoids widely marketed assets.


  • Consultative Approach

    • Solutions provider and a cost strategist.
    • Provides facility design, technology enhancement, and energy efficiency.
    • Advise customers on inventory turn maximization and cost reduction.



Condyne’s owners, Jeffrey O’Neill and Don O’Neill, co-founded a charitable invitational fishing tournament called The Big Game Battle held on the island of Nantucket each August. The event started in 2002 with 3 boats entered in the competition and in 2016 the tournament has grown to 50 registered boats. The Big Game Battle Committee chooses a foundation to support on an annual basis with the input from each boat’s captain and crews. In order to find out more about The Big Game Battle event and the charities it supports, visit www.biggamebattle.com.