about us

Turning Parking into a Real Estate Advantage

At Teton Parking Solutions, we believe parking should enable development, not constrain it. Founded by real estate industry veterans with over 70 years of combined experience, we transform the biggest obstacle in urban development into a competitive advantage with no substantive cost difference.

Our mission is simple

Eliminate the parking problem that kills profitable projects.

Through proven automated technology and innovative financing, we make previously impossible developments financially viable while delivering superior user experiences.

management system

Leadership Excellence

Gregory W. Seitz, CEO

34-Year Real Estate Industry Veteran

Greg Seitz understands developer challenges because he’s lived them. As the founding partner of Reserve Capital Partners, he led private equity investments in value-add office and industrial properties. His previous roles include president of OnPoint Healthcare Capital and head of capital markets for E-Smith Capital Partners.

Greg Seitz understands developer challenges because he’s lived them. As the founding partner of Reserve Capital Partners, he led private equity investments in value-add office and industrial properties. His previous roles include president of OnPoint Healthcare Capital and head of capital markets for E-Smith Capital Partners.

Since opening the Dallas office (1992) and subsequently heading up the Atlanta office of Holliday Fenoglio Fowler (NYSE: HFF), Greg has maintained relationships with major institutional investors and investment banks. His direct origination experience encompasses approximately $2.8 billion in real estate debt and equity investments. This has led to an extensive network of real estate developers and owners.

Education: University of Texas at Austin, BS Business Administration

O. David McGinnis, CDO

Commercial Real Estate Development Expert

CDO, is a highly experienced commercial real estate developer. Following a successful 8-year stint leading the audit division in Arthur Andersen’s Houston office, David joined the internationally renowned developer/investor Hines Interests. He became a Partner with the Hines family in 1988 and subsequently managed all aspects of the development of over 12 million square feet of office, mixed-use, and multi-family projects in the US Midwest, Canada, and Brazil. In his role as Senior Managing Director, David specialized in risk management of the critical aspects of financing, construction, leasing, and investor goals. His recent collaboration with Teton was facilitated through his 30-year relationship with John Lang.

John H. Lang II, CIO

40-Year Commercial Real Estate Veteran

John Lang brings unparalleled transaction experience with over $9.5 billion in completed debt and equity deals across the U.S., Canada, and Mexico. Currently Executive Managing Director of Palladian Capital Advisors LLC, he previously held senior positions at Churchill Capital Company, Cushman & Wakefield’s Structured Finance Group, and Bear Stearns & Co.’s Real Estate Group.
His hands-on development experience spans commercial land, multifamily, and retail projects nationwide, providing intimate knowledge of the challenges real estate developers and owners face. . Mr. Lang has taught real estate finance as a guest lecturer at Harvard Business School, Duke’s Fuqua School of Business, and M.I.T. Mr. Lang graduated from Yale University (BA) and the Harvard School of Business Administration (MBA).

Education: Yale University (B.A.), Harvard School of Business Administration (M.B.A.)

expensive parking

The Traditional Parking Trap

Urban real estate developers face an impossible choice: provide adequate parking or build profitable square footage. Traditional parking structures demand enormous space 375 square feet per vehicle when including drive aisles, ramps, and circulation areas. In markets where land costs $500+ per square foot, that’s a huge cost to parking which could be high-yield income space.

 

The result? Promising projects get shelved. Mixed-use developments become financially unviable. New financing for multi-housing projects remains a dream. Cities grow outward instead of upward, creating sprawl, traffic, and environmental degradation.

so expensive

The Hidden Costs 
Nobody Talks About

Beyond land consumption, traditional parking creates ongoing financial hemorrhaging:

01

Security Issues

Vehicle break-ins, assaults, and vandalism drive insurance costs and create liability (parking garages represent 2nd largest location of assault of all assaults) ELIMINATED

02

Operational Complexity

Gate systems fail, payment machines break, surfaces need constant maintenance cars deteriorate due to weather and inconsiderate drivers.

03

Environmental Impact

Cars circling for spaces, idling in structures, and emissions from extended searches (we are 100% efficient100% of the time and reduce emissions by 80%)

04

User FrustratioN

Average 12-15 minutes to park and retrieve vehicles in urban structures

05

Zoning Conflicts

Minimum parking requirements prevent optimal land use and density
Our Revolutionary Approach

Volumetric Parking Technology

While traditional parking spreads cars horizontally, our automated systems stack them vertically with precision. Using industrial-grade automation, we eliminate wasted space, no drive aisles, no ramps, no circulation areas. Just efficient, automated storage and retrieval. Cubic volume requirements are reduced by 60%.

key numbers

The Math That Changes Everything

Traditional parking

375 sq ft per car

Teton automated parking

208 sq ft per car

44% reduction sq footage
60% reduction in cubic volume

Result

Double your parking capacity in the same footprint

Cylinder Configuration

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Fuel Efficiency

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Max revolutions

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partner with us

Proven Technology Partnership

We’ve partnered with a specialty engineering and manufacturing company operating a 1 million square foot facility in Ohio, all parts can be domestically sourced.

years of combined operational experience across five installations
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%+ average uptime (some systems achieve 100%)
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9.9 K+ Siemens-based control systems enhanced with learning AI
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Made in USA manufacturing using automotive assembly line components
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Industrial grade reliability with built-in redundancies and 24/7 monitoring and no single point of failure

Developer Benefits

Turnkey Financial Model

Traditional parking requires substantial upfront capital. Our model eliminates that barrier entirely. We design, build, install, maintain, and FUND the entire system. Property owners pay only monthly rent for exclusive use rights over 30+ year terms.

Zero upfront capital for parking

Superior cutting edge tenant parking experience

Immediate access to reclaimed development space

Professional maintenance and monitoring included

Predictable long-term operating costs

Purchase options available

comprehensive relationships

Network Advantage

Together, Greg and John have built comprehensive relationships with senior management at major development firms and institutional real estate asset managers, the exact decision makers who need Teton’s solutions most.

Get Started

Ready to solve your parking challenge?

Every development project has unique constraints, site dimensions, soil conditions, local codes, financing structures, and market demands. The specific benefits and implementation approach for your project require detailed analysis of these factors.

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