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ORLANDO-Weingarten Realty Investors of Houston has hired its first Florida regional director of new development in Terry R. Marks, a locally based professional with 25 years experience in commercial real estate activities.

Marks will head the REIT’s new development program in Florida and also oversee anchor tenant relationships, site acquisition, securing entitlements, construction and management.

Marks comes to Weingarten from New Plan Excel Realty Trust where he was vice president and regional director of leasing and development. Prior to his New Plan Excel assignment, the broker held a similar position with PM Realty Group of Houston.

Before joining PM Realty, Marks worked for the Landmarks Group and Faison Associates of Charlotte for 13 years as director of retail sites. At Faison, he was recognized as the company’s top producer in 1986, 1987, 1990, 1992 and 1995.

Weingarten’s management, acquisition and investment portfolio comprises 310 income-producing properties totaling 39.9 million sf in 18 states. The properties include 250 neighborhood and community shopping centers, 59 industrial properties and its headquarters office building.

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