Comments (9)

Nov 21, 2019

Depending on the city, they typically have a good agency office leasing team. I've never dealt with them on the principal side - their teams in the SE are well known, entering some cities now (DC particularly) and lesser known cutting their teeth in the class-b office space.

Nov 21, 2019

Typical mid market brokerage. I do not know for certain but I would expect little to no base salary (perhaps a draw) + commission.

Nov 21, 2019

They are not a typical mid-market brokerage; most mid-market brokerages do not sponsor core and value-add acquisition/development funds or own data centers. The principals, Lee and Mike, are former Trammel Crow guys that follow a similar philosophy of hiring smart/well educated guys, forcing them to be leasing brokers for a couple of years, and then allowing (some of) them to transition to the capital deployment side of business. They focus on building their core 'recession resistant' revenue streams of property management and leasing and have a small arm that sponsors deals. Most of the deals I've seen them sponsors are hard to get into given that they seem to sourced off-market opportunities through their leasing/management relationships. They also seem to hire a bunch of babes.

Nov 21, 2019

I stand corrected, all I see from them are small tenant rep deals and calls about "off market" investment sales that I get calls on from others.

I know nothing of their development side or that they even had one, just exposure to their brokers. That being said there are plenty of small brokerages whose partners raise capital, that doesn't mean their average broker is anywhere near that.

EDIT: just checked the website, looks like they really only do equity deals in Texas.

Nov 21, 2019
REValuation:

They also seem to hire a bunch of babes.

True

Nov 21, 2019

deleted

Dec 3, 2019

Friend of mine recently joined one of their SE offices and has nothing but great things to say about the company and its culture. They seem to hold their own in the industrial and office leasing space and from my understanding there is ability to reap benefits from development deals as a "partner" if you stay there long enough. Definitely not your standard middle-market shop.

Edit: They're a part of some cool projects in Atlanta, worth checking out.

Dec 3, 2019

I have a friend of a friend that works there. I think he's mid level. The way they talk about him he makes a pretty good living salary wise and seems to enjoy what he does. He's been there since graduating. I recall a few weeks ago one of my friends in the industry said "ya X was giving an insights speech at Y conference". I have seen a posting or two in TX market for an analyst position for someone whose 'intent is to transfer into brokerage with 6 - 12 months'. Not sure that adds much value, but figured I'd share my limited exposure. I am also interested in any feedback on the company.

Dec 3, 2019
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