SAN FRANCISCO-Paragon Real Estate Group recently revealed that its commercial-investment property division is being spun off to form a separate company, Paragon Commercial Brokerage. According to CEO Robert Dadurka, “We've reached that point in our evolution where it makes the most sense to separate and centralize our commercial brokerage operations.”
He adds that “Dan McGue, one of the top investment brokers in the San Francisco market, has assisted us in growing our division and played an important role in tapping Stephen Pugh to become Paragon Commercial Brokerage's president.”
The move to a dedicated commercial brokerage and bringing Stephen in to head it up is an “integral part of our long-term plan to make a quantum leap in the focus, resources and service we provide investment clients,” adds Dadurka.
Pugh, a 26-year veteran of Bay Area commercial and residential investment real estate, comes to head up Paragon's commercial brokerage after previously holding the positions of managing director of the Alain Pinel Realty Investment Group and director of the investment division at Pacific Union International.
For 20 years he has served as president of the income property marketing group, a Bay Area networking organization promoting the brokerage of commercial-investment properties, a position he says he plans to continue to hold.
“The opportunity to lead and build a dominant commercial brokerage is exciting and with Dan McGue and others we are already off to a great start. I'm looking forward to the challenge and opportunity of helping to create something new and special at Paragon Commercial Brokerage.”
Agents in Paragon's Commercial Brokerage have brokered the sale or lease of more than 2,000 Bay Area investment properties: more than 20,000 residential units sold, over 800 commercial leases signed, involving approximately 15 million square feet of floor space, for a total transaction volume of well over $3 billion in real estate. Paragon Commercial Brokerage is located at 1700 California St., San Francisco.
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Natalie Dolce
Natalie Dolce, editor-in-chief of GlobeSt.com and GlobeSt. Real Estate Forum, is responsible for working with editorial staff, freelancers and senior management to help plan the overarching vision that encompasses GlobeSt.com, including short-term and long-term goals for the website, how content integrates through the company’s other product lines and the overall quality of content. Previously she served as national executive editor and editor of the West Coast region for GlobeSt.com and Real Estate Forum, and was responsible for coverage of news and information pertaining to that vital real estate region. Prior to moving out to the Southern California office, she was Northeast bureau chief, covering New York City for GlobeSt.com. Her background includes a stint at InStyle Magazine, and as managing editor with New York Press, an alternative weekly New York City paper. In her career, she has also covered a variety of beats for M magazine, Arthur Frommer's Budget Travel, FashionLedge.com, and Co-Ed magazine. Dolce has also freelanced for a number of publications, including MSNBC.com and Museums New York magazine.
