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DENVER-Staubach Retail recently promoted four of its brokers in its Denver office. Don Edrington and Mike McCormick are now senior vice presidents, Joren Peterson has been promoted to vice president and Rich Otterstetter has been promoted to senior associate.

“These are hard-earned promotions and are well deserved,” says Clay Smith, president of brokerage services for Dallas-based Staubach Retail. “We realize that Staubach Retail’s success depends on the success of our clients,” he says, adding that he is “thrilled” to recognize these brokers by promoting them.

Edrington joined Staubach Retail in 2003 to open its Denver office. As senior vice president, Edrington will continue to serve retail clients with his experience and expertise in the retail real estate arena. Edrington’s recent transactions include assignments for Shoe Carnival’s entry into the Colorado market, Commercial Federal Bank’s expansion in Colorado, Staples’ locations, Gander Mountain’s 91,000-sf lease in Aurora and four transactions for Pier One’s continued growth in Colorado.

With 15 years of retail real estate experience, McCormick will continue to provide strategic planning and real estate services for clients such as Dollar Tree Stores, La-Z-Boy Furniture and Kohl’s Department Stores.

Peterson has 18 years experience and has been responsible for the strategic planning, market planning, site selection and execution for many national and regional retailers. His recent assignments include representing Orvis for the new flagship location in the Clayton Lanes development in Cherry Creek North. He also represented Qdoba in 12 lease transactions, Safeway in three new lifestyle stores, Chuck E Cheese’s on its Colorado market planning and rollout, and Hobby Lobby for two new 60,000-sf stores.

Otterstetter has s 17 years of experience in tenant representation for national and regional clients. Clients include Rent-A-Center, Advance America and Aaron’s Rent to Own.

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