Stan Johnson Co. Acquires Atlanta-Based Brokerage Firm
The firm’s first company acquisition aligns with its strategy to expand its multi-tenant retail investment sales presence.
ATLANTA, GA – Stan Johnson Co. has acquired the Atlanta-based, commercial real estate brokerage firm, Shane Investment Property Group.
The acquisition aligns with Stan Johnson Co.’s multi-tenant retail investment sales growth and diversification strategy, which the company announced in October 2019 upon reaching $35 billion in cumulative transaction volume. The company has since sought out opportunities to add real estate professionals in key markets.
Creating a partnership, the acquisition will provide Shane Investment Property Group with access to Stan Johnson Co.’s nationwide brokerage community and professional support platform.
As a result of the transaction, Stan Johnson Co. will open a second Atlanta-area office in the northern suburb of Alpharetta, GA.
“Shane Investment Property Group is well-known in the Atlanta area and greater Southeast market for providing exceptional client service, and their cultural identity complements our very well,” states Stan Johnson, president and CEO of Stan Johnson Co. “By merging our businesses, clients will benefit from the enhanced services we’ll be able to offer in the retail investment sales space. Multi-tenant retail is a key growth area for us, but it’s not our only growth path. The addition of Shane provides outstanding momentum for additional M&A activity.”
Shane Investment Property Group CEO and founder, Emery Shane will join Stan Johnson Co. as senior director. Shane additionally brings a team of five investment sales professionals to the firm, including Jeff Enck, Doug Clyburn, Brian Lane, Kermit Hairston and Billy Benedict.
“I’m honored to have the opportunity to join Stan Johnson Co.,” states Shane. “We’ve worked hard the last 20 years to build a trusted brand. I’m proud and grateful that our culture, integrity and focus on client service will not only be preserved but enhanced. That’s incredibly motivating for me personally, and as a team, we’re excited to partner with such an outstanding firm.”
“Shane’s deep track record and expertise in the multi-tenant retail sector aligns perfectly with our growth strategy, and we’re thrilled to welcome Emery and his team to Stan Johnson Company,” says Jeff Cox, managing partner and sales leader of the East region for Stan Johnson Co.
Stan Johnson Co.’s managing partner of strategic initiatives, Josh Campbell spearheaded the transaction for the firm. The terms of the deal were not disclosed.
“We look forward to identifying the next strategic acquisition opportunity that will help us grow our platform in an effort to provide truly diversified services to our clients now and into the future,” states Campbell.