P O W E R
P L A Y E R S
Commercial Real Estate
The city’s Commercial Real Estate (CRE) market is constantly in flux. There is always a business considering relocating from one part of the city to another and new businesses looking for a location. CRE professionals are the ones businesses seek out to help them fi nd that perfect location for their needs. We asked: When it’s time for your office, retail, or industrial deal, who do you want brokering it? CRE development requires a different set of skills and a determination to take properties from seed to fruit, from inception to conclusion. Whether renovating properties, repurposing old spaces, or imagining the potential of undeveloped parcels and carrying out their vision, these POWER PLAYERS are the facilitators of growth in Memphis and its environs. They’re not just developing properties, they’re developing our business environment. RONALD “RON” BELZ President and CEO, Belz Enterprises. One of the largest commercial and industrial developers in the South. Developments include more than 25 million square feet of property, including Shelby Oaks, Goodlett Farms, Appling Farms, The Peabody, Peabody Place, and numerous ofﬁce and industrial parks. Specializes in the development and management of industrial, retail, ofﬁce, and residential properties across the country. Board member and vice chair, The Assisi Foundation. PAUL BOYLE President, Boyle Investment Company. Graduate, Washington and Lee, New Memphis Institute, and Leadership Memphis. Member, Chairman’s Circle, Greater Memphis Chamber. Advisory Board Member, Baptist Memorial Health Care. Board Member, Urban Land Institute, Brooks Museum of Art. Executive Committee Member, Commercial Real Estate Owners’ Alliance. Former Board Member and Treasurer, Hickory Hill Chapter, Boys & Girls Clubs of Greater Memphis. Founder, West Institute for Cancer Research. DANNY BURING Managing partner, Memphis ofﬁce, The Shopping Center Group, LLC. B.A., Psychology, University of TennesseeKnoxville. Company provides full assortment of retail real estate advisory services to landlords, developers, investors, ﬁnancial institutions, and retailers throughout the Eastern U.S. Notable clients include Fresh Market, Dick’s, Bed Bath & Beyond, Panera Bread, Chipotle, LA Fitness, and Fleming’s Steakhouse. Member, International Council of Shopping Centers. Board Member, Memphis Light, Gas and Water, and Memphis Shelby Crime Commission. Received Pinnacle Award for Commercial Broker of the Year in 2004. 44 |
ANDY CATES CEO and President of Brokerage Services for Colliers International in Memphis. Involved in nearly 750 transactions totaling more than 50 million square feet. Recipient of Colliers Everest Award and numerous Memphis Area Association of Realtors Pinnacle Awards including Commercial Broker of the Year, 2012. SIOR Memphis Chapter President, 2013; Memphis Chamber Board of Advisors, 2015. DARRELL T. COBBINS President and principal broker, Universal Commercial Real Estate, LLC. B.A., Rhodes; M.B.A., University of Memphis. Chairman’s Circle/Board of Directors, Greater Memphis Chamber. Board of Directors, National Civil Rights Museum. 2013 Board Chairman, New Memphis Institute. Past Chairman, Memphis Light, Gas and Water. Recipient, 2011 Agent of Change Award, MULYP, and 2012 African American Male Image Award for Business, HobsonGoodlow Foundation. JOHN ELKINGTON Chairman and CEO, Elkington Real Estate Group. Nationally known for development and stewardship of the Beale Street Historic District, the winner in a 2013 USA Today readers’ poll as “Most Iconic American Street.” Has been involved in the successful development of over 50 properties, including Lenox School in Midtown; Beachwalk Villas at Sandestin, Florida; and Union Station in Nashville. Recently served as a consultant for The Banks entertainment district in Cincinnati and Grand Center in St. Louis. Currently leading the development of 300 acres near Muscle Shoals, Alabama, and Red Square entertainment district in St. Louis. Member, Germantown Park Commission. 2015 Rotarian of the Year, Memphis Rotary Club.
THOMAS FARNSWORTH Partner, Farnsworth Investment Company and Holdings. Has been a real estate developer and investment builder for more than 40 years, building more than 10 million square feet in 60 warehouse buildings and 25 ofﬁce buildings. Member, Society of Ofﬁce and Industrial Realtors (SIOR). Recipient, Memphis Area Association of Realtors Commercial Broker Lifetime Achievement Award, the Lambda Alpha International Excellence in Real Estate Lifetime Achievement Award, and Carnival Memphis Cook Halle Award, among others. RICK FOGELMAN Chief Executive Ofﬁcer, Fogelman Properties. B.S., ﬁnance, University of Texas at Austin; MBA, University of Memphis. Responsible for establishment and implementation of the company’s overall business strategies. Owns/operates 80 multifamily communities totaling over 25,000 apartment homes throughout the Southeast, Southwest, and Midwest regions of the country. Board of directors, National Multi Housing Council. Past vice president, Tennessee Apartment Association. Licensed real estate broker in Tennessee. STEVE GUINN Vice President, Highwoods Properties. B.B.A., Baylor. Has more than 30 years’ experience in commercial real estate. Received the Pinnacle Award’s Commercial Broker of the Year in 2009. Certiﬁed Public Accountant and LEED Accredited Professional. Member, Society of Industrial and Ofﬁce Realtors. Certiﬁed Commercial Investment Member. Member, Lambda Alpha International. Board Member, Soulsville Foundation. Project Board Member, Shelby Farms Park Conservancy.
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