DALLAS--(BUSINESS WIRE)--Regis Property Management, LLC leased over 1 million square feet for the first half of 2014. These leases were achieved with new and renewing tenants representing over $20M in gross effective rent.
Senior Vice President of Leasing, Scott Porter, and Vice President of Operations, Roland Chua, have been working diligently to take advantage of the slowly rebounding market. Recent leases include national companies such as Coca-Cola, H&R Block, JoAnn Fabrics, Hyundai, 1-800-FLOWERS, Jimmy John’s, and DHL Global. Regis has been successful in various markets including Dallas, Memphis, Wisconsin, Denver, and the Midwest. The leasing team is currently negotiating an additional 703,533 square feet of leases
Scott Porter celebrated his 20th year with Regis Property Management in May. Rick Conley, President of Regis Property Management, commented, “In his 20 years with the company, Scott has leased about 20 million square feet. He is a great asset and is well respected in the industry. He has been vital to our leasing success for the first half of 2014.”
Regis Property Management is an affiliate of Pillar Income Asset Management and currently manages 34 commercial properties comprising in excess of 6 million sq ft. Properties range from office, warehouse, industrial, to shopping centers. Regis was selected to manage the property portfolios for three publicly traded companies as well as several affiliated and nonaffiliated private companies. Our focus is on individual attention, innovation and customer satisfaction, a winning combination for everyone.
Pillar Income Asset Management, LLC (www.pillarincome.com/) is a Dallas-based real estate management company, which owns, develops and manages real estate assets for public and private real estate entities. Affiliated companies also under management or advisement by Pillar include American Realty Investors, Inc. (NYSE: ARL), Transcontinental Realty Investors, Inc. (NYSE: TCI), Income Opportunity Realty Investors, Inc. (NYSE MKT: IOT) and Regis Property Management, LLC (www.regisinc.com).