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The Beat at Southpark Meadows-- A Monthly Project Newsletter |  |
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Greetings!
We thought you would have interest in the following
article about Endeavor Real Estate Group. The story
was published on August 10th, 2006 in the About Endeavor Real Estate Group: Endeavor Real Estate Group (Endeavor) was formed in March 1999 to creata value by managing leasing, developing and acquiring retail, office, and industrial properties. The firm’s efforts are focused in Central Texas, primarily within the greater Austin and San Antonio markets. Prior to forming Endeavor, the principals served as part of the senior leadership for Trammell Crow Company (TCC) in Central Texas. At the time of the Endeavor principals’ departure, TCC was the largest real estate service provider in Austin. Among the main reasons for starting Endeavor was to allow them to work on fewer, more meaningful assignments so that they have the ability to have greater, and hopefully, a more positive impact on the overall value of the assets in which they become involved.
Austin real estate brokerage firm lures top talent from Trammell Crow and others as project list grows.
By Shonda Novak
Jamil Alam, one of Austin's top real estate brokers, has left Trammell Crow Co. to join Endeavor Real Estate Group LLC, the Austin firm that brought Neiman Marcus to town. It's one of several recent key hires for Endeavor, which is expanding into new lines of business and bought a downtown skyscraper recently. The hires are significant for a fast-growing firm that has become a major player in Central Texas commercial real estate and is beginning to look at projects in other states. Alam will head a new unit for Endeavor, representing tenants seeking office and industrial space. Bryce Miller, a principal at Endeavor, said it approached Alam because he's "the gold standard . . . a superstar." Alam was a principal at Trammell Crow, the Dallas- based real estate giant, and had a track record as one of its top producers. Endeavor's five founders are all Trammell Crow alumni. Most recently, Alam was the local development principal for the Shore condominiums, a 22-story high- rise that a Trammell Crow subsidiary is developing at Red River and Davis streets in downtown Austin. Alum said he joined Endeavor because it was time for the next chapter in his career. He also wanted to work for a private company, he said. Trammell Crow is publicly traded. "I think I will have more freedom and flexibility to spend my time on the deals that I want to," Alam said. Endeavor's high-profile projects include the Domain, a North Austin retail center it's building with partner Simon Property Group that will be anchored by Neiman Marcus and Macy's, and Southpark Meadows, a 425-acre retail and residential development at Interstate 35 and Slaughter Lane. Big projects in the pipeline include a 90-acre retail development in Cedar Park and the development of 176 acres east of the Domain, which could include offices, a hotel, and residential and retail space. Endeavor owns, manages and leases 4 million square feet of office and industrial space in Central Texas, plus more than 3 million square feet of retail space, with more under construction. It is considering developing retail projects in North Texas, Arkansas and Oklahoma, Miller said. The firm has about 85 employees, including 11 principals. Its offices are in the Chase Bank tower, which Endeavor bought last month with California partner Triple Net Properties. Bryan Dabbs, formerly head of retail leasing at Trammell Crow in Austin, is now helping run Endeavor's retail brokerage and leasing arm. Other new hires include Marc Vanderslice, an office tenant representative who was a vice president at Austin- based Hill Partners, and Barry Howard, a former executive with Fairfield Residential LLC, which built the Milago condominiums downtown and plans two apartment complexes for Southpark Meadows. Howard's hire marks Endeavor's expansion into multifamily development. David Roberts, former senior vice president at Compass Bank, is Endeavor's new chief financial officer and chief operating officer. He was hired to help with day-to-day financial management during a time of tremendous growth, Miller said. "It appears the volume of activity is going to continue as far in the future as we can see," Miller said. "We're extremely busy, and frankly, we needed help." Copyright 2001-2006 Cox Texas Newspapers, L.P. All rights reserved.
Southpark Meadows encourages you to visit our website! This website will help potential tenants and shoppers navigate the biggest retail project in Austin. We are excited to provide this useful tool to our customers, please visit: Website Features:
About Endeavor Real Estate Endeavor Real Estate Group (Endeavor) was formed in March 1999 to create value by managing, leasing, developing and acquiring retail, office and industrial properties. The firm's efforts are focused in Central Texas, primarily within the greater Austin and San Antonio markets. Prior to forming Endeavor, the Principals served as part of the senior leadership team at Trammell Crow Company (TCC) in Central Texas. Endeavor currently manages and leases 3.3 million s.f. of office and industrial properties and 2.8 million s.f. of retail properties. Endeavor has developed or aquired 6 shopping centers comprising over 875,000 s.f. of space and is currently building 4 additional centers totaling over 3.1 million s.f. It has acquired 15 office and industrial buildings totaling 2.4 million s.f. since its inception.
Bill Osherow: #512.682.5558 Brian Lent: #512.682.5545 For Development Information: Chris Ellis #512.682.5598 |
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