Space Invader

Here’s something else that’s bigger in Texas: the real estate valuation and counseling firms. The nation’s largest, Integra Realty Resources, is growing its Fort Worth office. Expecting the market to pick up in the next year, the office (one of 57 nationwide) is expanding its space and hiring.
 

Managing Partner Ben Loughry, seated right, tells us the company outgrew its current space despite the stagnant market. When we stopped by yesterday, the IRR folks were pumping their veins with caffeine before an early Thanksgiving buffet (complete with pumpkin pie). Staffers Keri RedfordT.J. Smith and the boss took a seat while Tommy PiggBrenda TedderKelly BrechelBridget Simmons, and Liz Turner waited in line for their coffee fix.

After ringing in the New Year, IRR will expand its Lexington Place offices at 930 W. 1st by 50% to 14,400 SF. IRR will also get an ego boost, with its name plastered on the building’s outer façade. Spurring some of that growth, IRR recently helped Lowe’s Home Centers get their properties’ values adjusted, Ben said.

The firm is in the middle of consulting for the Brazos River Authority on the disposal of 1,600 parcels at Possum Kingdom Lake. While Ben plans a dove-hunting trip to Argentina in May, his partner, managing director Donald Sherwood, hits the road in February for Matamoros, Mexico, on a mission trip with First United Methodist Church of Mansfield. Donnie said he always receives more than he gives, which must be a lot since he's made about a dozen trips in the past 12 years.

Continue reading this story with a free account

Log in or register
Sign up for more articles like this
Subscribe to Bisnow's Dallas-Fort Worth Newsletters
Related Stories

JVP Development Is Betting $37M Of Its Own Money That Frisco Is Ready For Spec Office

Federal Government To Sell Nearly 31K SF In Five Points: The Denver Deal Sheet

Avison Young Had Assets Frozen By Bank Over Unpaid Taxes

Artificial Intelligence Companies Reshaping Dublin Office Demand As OpenAI Confirms HQ

Mars Factory Overhaul Stalls As Candymaker's Chicago Expansion Accelerates

Camden Property Trust Sells West Coast Portfolio, Clears $1.5B Target

Empire State Building Observation Deck Hemorrhaging Visitors, Value

Cortland, Pulte, INVH, Walker & Dunlop Execs Talk Changing Demographics, AI

KKR-Affiliated Data Center Developer CyrusOne Names New CEO

America's War Machine Is Growing, Sparking A Defense Real Estate Boom

Boca Raton's New Leaders Throwing 'All Kinds Of Curveballs' At Developers

CBRE Posts 16% Revenue Growth In Q2 As Data Center Business Shines