Saturday, April 14, 2012

First American adds retail brokerage vet to its roster - South Florida Business Journal:

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Bass, who was previously with locallybasedr , has joined San Antonio firm Commercial Property Group as a Retaipl Partner. The move will enable Bass to returhnto “the general real estate brokerage business” focusing on the acquisition and disposition of commercial propertiew for users, investors and developers. Durinhg his tenure at Bass represented the firm on deals for its developments throughoutthe city. “It’s a chance to broaden my Bass says. First American — whicn bills itself as “dirt — has carved out a niche for itself brokerint the sale of land for residential and commercial developmenty andinvestment purposes. It is a good fit for Bass.
“Alp they do is he says. “And that’s mainlyt all I’ve done.” What Bass brings to the table is the experienc on the retailside — a factofr that was very attractive to a firm like First American that is lookinyg to build up its book of business in this particularf sector of commercial real estate. According to First Americam co-founder Brett Baillio, Bass “has already been able to bring in some new retail deals that we would not have been able to dowithout Bass’ former employer couldn’t agree more.
“Many of the key development tracts that we have acquired are the direct resultfof (Bass’) good leg work,” says Dominion principak Larry Baumgardner. “(Bass) has been a star performerd for Dominion forseveral years, and we will miss him We certainly wish him well with his new At First American, Bass will be workinv with some of the firm’s younger brokers to expand the retail side of the business, Baillio “This is a great group of guys,” says Bass of his new “Everybody’s really pumped.” First American certainlhy has a reason to be "pumped.
" With First American now boasts 18 brokerx between its San Antonio and Austin markets. Indeed, arrival is the latest in what has been an exciting time forFirstt American, which was founded back in 1987 by H. Dale Kane and In February, the firm openex an office in the city of Between its presence in both the Alamoi andCapital cities, First American now has the abilityt to “take care of everythinb on the (Interstate Highwah 35) corridor,” notes Kane.
On this end of the First American is staying busywith large-scale projects like Bulverdse Oaks — a mixed-use development that is poised to brinyg a variety of retail, office and hospitality uses to a totapl of 520 acres of land along Loop just east of U.S. Highway 281 on the city’ far North Side. First American is marketingg the project forits California-based investment firm Capital Foresight. “We are starting to see thingsw pick up in all area ofour business,” Baillio says. Of Bass, he adds: “Ww are extremely happy to bring himon board.

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