DALLAS, Aug. 1, 2017 /PRNewswire/ -- BBG, a leading independent commercial real estate valuation, advisory and appraisal firm, today announced that it has acquired Trager Property Advisors, a San Antonio-based commercial real estate appraisal and consulting firm. Terms of the acquisition were not disclosed.
The acquisition marks the fourth firm that BBG has acquired within the past 10 months. The San Antonio office brings the total number of BBG offices to 25 nationwide.
BBG appointed Travis Taylor, MAI, CCIM, Managing Director of TPA, as Managing Director of the San Antonio office. TPA's other employees will join the BBG office.
An industry veteran, Mr. Taylor brings more than 15 years of experience in providing commercial real estate valuation and consulting services to clients in the south Texas market, which includes San Antonio, Corpus Christi, Laredo, Rio Grande Valley and other areas in this region.
Prior to TPA, Mr. Taylor served as Senior Managing Director of national commercial real estate appraisal and advisory firm Valbridge/Dugger, Canaday, Grafe, Inc. in San Antonio.
Mr. Taylor currently serves as President of the South Texas Chapter of the Appraisal Institute. He also is the regional representative of the chapter, a representative of the institute's Leadership Development Advisory Council, and a board member of the San Antonio/South Texas Chapter of the CCIM.
BBG CEO Chris Roach commented on the firm's latest acquisition: "The acquisition of TPA further reinforces BBG's commitment to expand its business in key markets, enabling it to offer its wide range services to both local and national companies operating in this region. In addition, we have established a major presence in Texas since we were founded here 25 years ago, and the San Antonio office allows us to proudly build upon that achievement. This acquisition is an important step in our ongoing growth strategy across the state and the country, and we look forward to Travis and members of his team adding significant value for both clients and the company."
Mr. Taylor commented: "I and other members of the TPA team are extremely fortunate to become part of an industry leader and one of the fastest-growing commercial real estate valuation and assessment firms in the country. The BBG brand has gained wide recognition for its forward-thinking leadership, broad geographical coverage and local market knowledge in all major U.S, cities, the highest level of client service, a deep bench of highly dedicated professionals with expertise in all property types, a vast amount of data and resources available nationwide, and cutting edge technology. A viable alternative to global real estate companies, BBG's strong coast-to-coast footprint provides clients with the expertise and resources they require in today's rapidly changing economic landscape."
BBG is a leading independent national commercial real-estate valuation, advisory and assessment firm headquartered in Dallas with 25 offices in key U.S. markets. 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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