X

Thank you for sharing!

Your article was successfully shared with the contacts you provided.

[IMGCAP(1)]FORT WORTH-Making a solid commitment to the city, Peloton Real Estate Partners LLC has opened a Downtown office. The Dallas-based firm has added a well-known veteran as a partner and promoted four-year employee to vice president to develop the market.

Nanci Johnson-Plump set the plan in motion yesterday as Peloton’s new partner. At her side is Jerry Bolz, who’s shifting from Dallas to Fort Worth. The duo is starting with three office buildings, totaling 370,000 sf, but have hit the ground running to pick up additional leasing and management assignments in Fort Worth and its suburbs, according to Joel Pustmueller, co-founder and partner of the 50-employee firm.

Johnson-Plump and Bolz will oversee the leasing campaign for two class A office buildings in Dallas-based Cypress Equities’ $200-million West 7th mixed-use project in the cultural district, and a 130,000-sf building at 300 Burnett St., where they’ve set up shop in the CBD. Pustmueller tells GlobeSt.com that they also will lead the leasing drive for Peloton’s 511,000-sf office development in Southlake.

Johnson-Plump, with 20 years’ experience, helped to lead the Fort Worth offices of CB Richard Ellis and Trammell Crow Co. She, Pustmueller and co-founder T.D. Briggs all worked together at TCC. “With our familiarity with her from our Trammell Crow Co. days, it was a natural fit,” Pustmueller says. CBRE could not be reached for comment about the exit prior to deadline, but it historically doesn’t comment on personnel departures.

[IMGCAP(2)]Pustmueller and Briggs have laid the groundwork in Fort Worth and will continue to work the market with Johnson-Plump and Bolz. As with other companies, the office staff will be increased as need dictates. “We very much see this as a growth opportunity,” Pustmueller explains. “With the growth in Tarrant County, I can envision this growing very quickly.”

The six-year-old Peloton broke into the Fort Worth market last year with the Cypress Equities’ assignment. “We expect the growth of Tarrant County to eclipse that of its neighbors over the next 20 years,” Briggs says in a press release, “and we are thrilled to be a part of that dynamic growth going forward.”

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 3 free articles* across the ALM subscription network every 30 days
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2020 ALM Media Properties, LLC. All Rights Reserved.