SAN ANTONIO-Locally headquartered REOC Partners Ltd. has opted to drop its affiliation with NAI Global network. Effective immediately, the close to 40-year-old company will be known as REOC, which stands for "Real Estate Operating Co."
“With the national and international spotlight on Texas, we believe now is the time for REOC to reestablish its identity as a Texas-based and Texas-focused real estate company," comments Todd A. Gold, REOC president and managing partner. "Our key objective in this transition back to our former 'REOC' name and logos is to clearly communicate that REOC's primary focus is serving our clients' real estate needs in our core Central and South Texas markets."
REOC was launched in 1974. Close to four years ago, the company acquired NAI Austin (formerly Commercial Industrial Properties), to further expand its presence in Central Texas. To serve its clients who own property in Corpus Christi and Del Rio, REOC opened offices and expanded into these South Texas markets over the past few years. REOC is now operating in Texas as REOC San Antonio, REOC Austin, REOC Corpus Christi and REOC Del Rio.
Gold says the next step is expansion – in Texas. "In this regard, we have been in touch with other legacy-boutique firms who have expressed an interest in establishing a Texas-based network of commercial real estate service providers," he comments. "We hope to be making additional announcements in the months ahead regarding these exciting opportunities.”
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