Southeastern Construction and Development has bought Joe Mann Builders. Both Charlotte companies specialize in commercial construction.
Five employees of Joe Mann Builders will join Southeastern, whose clients include Bank of America, Sedexo, Inc. and Morehead Properties.
“We’re seeing a good market now for our interior upfit business, both office and retail,” said Kevan Smith, a partner in Southeastern. “We’re also seeing more activity in new construction.”
Joe Mann Builders had been looking for new leadership following the death of founder Joe Mann in July. Southeastern Construction and Development was founded by president David Fry in 1997.
Other changes occurring in the commercial real estate world:Ron Lordo is joining Cresa as a Senior Vice President focusing on the healthcare industry.
Lordo, who has more than 22 years of real estate experience, will represent those who use the space and advise clients with strategic and financial planning, new leases, renewals, expansions and disposing of surplus space.
Most recently Lordo served as AVP of Real Estate Services for Charlotte, Carolinas HealthCare System. He directed leasing and property management activities for CHS’s portfolio of over 5 million square feet.
Cresa is an international corporate real estate advisory firm that exclusively represents tenants.
With more than 55 offices, Cresa is the largest tenant representation firm in North America.
And last week, Jim Gambrell joined Trinity Partners to lead the firm's tenant representation team. Gambrell has more than 28 years of experience and most recently managed his own commercial real estate firm, Oakway Properties.
"Operating my own brokerage business has been enjoyable, but an opportunity to team up with a group like Trinity Partnes, people I have known and admired for years, was too good to pass up," Gambrell said.
3 comments:
Every week the gigantic banks are cutting back loan availability in the numerous actual estate markets which have suffered declining values.
Lake Norman HOA Management
Trying to be all factors to all people never performs - not even in real estate. The more you test, the more existing you become and the more your work experiences.
Association Management
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