The new name on the door is Davidson Realty Advisors. The Occidental Tower office at 5005 LBJ Freeway stays intact, Barry Davidson tells GlobeSt.com. He and Meg Conine, who will focus on multifamily development, have been partners since 1989. Going forward, the plan is to start rebuilding the brokerage team, which fell from a dozen to three as the economy soured. The plan is to hire one more this year.
Davidson, a nine-year "heavy hitter," says his specialty area of investment sales has picked up in the last 60 days, in keeping with what others are saying about the sector. He has "something going" on every listing and that includes a 600,000-sf property in Tulsa.The deal making did entail a buyout between Davidson and Conine. Now, says Davidson, "I get to make all the decisions and pay all the bills."
Prior to co-founding the firm, Davidson was a senior vice president of the Swearingen Co. in Dallas. In the last 20 years, he has been involved in the sale of more than 10 million sf of office properties, 5,000 units of multifamily product, 30 shopping centers, numerous industrial properties and raw land as well as representing tenants in leases for more than one million sf. "The complete ownership and direction of the company going forward has provided me with renewed enthusiasm for the business and industry which I enjoy so much and which has been so good to me," he said in a press release.
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