BBG Acquires Integra Realty Resources Offices In California
Acquisitions to bolster BBG's growing presence in the Western Region and nationwide
DALLAS, April 3, 2017 /PRNewswire/ -- BBG, a leading national commercial real estate valuation, advisory and assessment firm today announced that it continues to strengthen its presence in the Western Region with the acquisition of two Integra Realty Resources offices in Northern California. BBG ranks among the largest U.S. real estate valuation and assessment firms. Terms of the acquisition were not disclosed.
BBG acquired IRR offices in San Francisco and Sacramento. With the acquisition of the IRR offices, BBG will have 22 offices nationwide and a workforce of 262 employees.
This deal follows BBG's acquisition last month of Los Angeles-based Abergel & Associates. In September 2016, BBG acquired Denver–based Commercial Valuation Consultants.
BBG appointed Jan Kleczewski, MAI, FRICS, as Senior Managing Director of the San Francisco office. Kleczewski, who has more than 30 years of industry experience, founded IRR's San Francisco office in 2002.
Prior to that, he was the principal of valuation firm Kleczewski & Associates. Earlier, he served as an Assistant Vice President and Regional Manager of Realty Services International, Senior Appraiser at Real Estate Decisions Company and David Rhoades & Associates, and an Associate at The Land Economics Group.
BBG also appointed Scott Beebe, MAI, FRICS, as Senior Managing Director of the Sacramento office. A 30-year industry veteran, Beebe held the same position at IRR's Sacramento office before joining BBG. Prior to joining IRR, Beebe was a principal at Morgan, Beebe and Harper.
Arthur Leck, MAI, MRICS, was named as Managing Director of the Sacramento office. An industry veteran with more than 25 years of experience, Leck served as Managing Director at IRR's Sacramento office. Before that, Leck worked with as a partner at Morgan, Beebe and Harper. Earlier in his career, he worked as a Staff Appraiser at First Interstate Bank of California and as an Associate Appraiser at Stephen R. Clark & Associates, respectively.
As part of this transaction, Brady Barbier, MAI, MRICS, was appointed as Managing Director and Co-National Practice Leader of Institutional Business. Barbier, along with BBG's Senior Managing Director Marc Nassif, MAI, LEED AP, MRICS, will lead this practice.
Barbier had served as Director and Managing Director of IRR's San Francisco office prior to joining BBG. Barbier, who has deep expertise in managing the valuation of national portfolios for institutional investors and pension funds, has over 20 years of real estate valuation and consulting experience.
BBG CEO Chris Roach commented: "The acquisition of these offices in Northern California is an important chapter in the history of BBG's growth. It signifies our ongoing commitment to continued expansion, as well as reinforces our position as one of the largest, independent commercial real estate valuation and assessment firms in the country."
Roach added: "We are excited to have a group of outstanding industry professionals join BBG, especially in such a highly active market. This team adds to our extensive industry knowledge and adds experience to our industry leading management team."
About BBG
BBG is a leading independent national commercial real-estate valuation, advisory and assessment firm headquartered in Dallas with more than 22 offices nationally. BBG has achieved a reputation for personal attention, on-time delivery and deep expertise in multi-family, office, retail and industrial sectors. For more information about BBG, please visit www.bbgres.com.
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SOURCE BBG
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