AUSTIN–Endeavor Real Estate Group has hired Adam Zimel as director of retail brokerage operations. This position will have Zimel servicing the company's 1.75-million-square-foot retail portfolio as well as growing it.
“Not only is Adam able to execute sizable and complex transaction, but he's also proven he has an ability to lead a team,” says David Roche, founding principal with Endeavor. “That combination – plus the fact he thinks long-term – makes him ideal for the role we believe the market is ready for us to add.”
The new hire is, in part, due to the growing market and strengthening economy.
“We have started to see an uptick in retail activity, which has lagged behind multi-family and office. While we're not anticipating another boom to reach pre-recession levels, select retailers are moving around and we're doing our best to be in front of them,” Roche says.
Prior to joining Endeavor, Zimel was the director of brokerage operations for the local office of The Weitzman Group. In that role he closed more than 50 transactions over the last five years and oversaw a 2-million-square-foot portfolio.
Since Endeavor's beginning in 1999, the company has developed or acquired more than 12.6 million square feet of commercial real estate space in the Austin area. The company's current portfolio totals 5.9 million square feet.
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