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Weitzman Group, Upscale Specialty Retail Pro Forming Alliance

DALLAS-The Weitzman Group is laying groundwork for a retail play, bringing a high-end specialty consultant into the fold. Details are as closely guarded as those two days ago when an Austin office management shift set up a new division, Cencor Urban Properties.

By Connie Gore | Updated on January 25, 2001

DALLAS-Effective immediately, Dallas-based CSWG Inc. will become part of the Weitzman Group, marking the first time that the retail giant has brought a competing company on board. The three-employee CSWG, headed up by Craig Sorrels, is one of the leading specialty retail real estate specialists in the country, says The Weitzman Group. CSWG’s expertise just happens to be in the type of upscale retail “that’s really done well in this market,” a Weitzman insider tells GlobeSt.com.

The announcement comes just two days after Weitzman has set the stage for a new operation, Cencor Urban Properties. The details of the CSWG alliance and the new division, being set up in the firm’s Austin office, are being closely guarded.

Herbert D. Weitzman, chairman and CEO, says, “Working together, we plan to represent some of the most high-profile specialty projects and retailers in the market.” The teaming is not being classified as a merger, acquisition or partnership, an inside source explains.

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