David English and Greg Pierce are now executive vice presidents at Dallas-based commercial lease manager United Commercial Realty (UCR). English and Pierce will be placed in the firm’s shopping center space, working a high-touch service with clients representing more than 100 national and regional retailers. The two are experienced players drawn locally from Colliers International and its predecessor, Corrigan Real Estate Services. Pierce joined Dallas-based Corrigan more than 19 years ago, and English joined the firm 14 years ago. Colliers acquired CorriganReal Estate in 2006. Big name clients for UCR include Starbucks (SBUX) and Target (TGT). English will work on the retail side with clients that include Bass Pro Shops and Costco. Pierce’s focus is on tenant representation for restaurant chains such as Campisi’s, Luna de Noche and Snuffer’s. UCR manages more than 6m square feet of retail properties, represents more than 100 retailers and restaurants, and leases more than 31m square feet of retail property. The UCR investment sales team has handled more than $2.7bn in sales of retail properties. UCR recently added investment sales to its list of business activities, which provided a draw to the two, according to CEO Mickey Ashmore. “I think they realized this was a better place for them to do business,” Ashmore said. “I think they saw more opportunity for synergy in a retail-oriented culture.” Write to Jacob Gaffney. The author holds no relevant investments.
Jacob Gaffney is formerly Editor-in-Chief of HousingWire and HousingWire.com. He previously covered securitization for Reuters and Source Media in London before returning to the United States in 2009. While in Europe for nearly a decade, he covered bank loans and the high yield market, in addition to commercial paper, student loan, auto and credit card space(s).see full bio
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Jacob Gaffney is formerly Editor-in-Chief of HousingWire and HousingWire.com. He previously covered securitization for Reuters and Source Media in London before returning to the United States in 2009. While in Europe for nearly a decade, he covered bank loans and the high yield market, in addition to commercial paper, student loan, auto and credit card space(s).see full bio