News
Peloton Adds SA Firm
March 15, 2011
| Overnight, Peloton grew its almost 19M SF portfolio Monday to more than 24M SF. Seeing that none of its buildings were wearing a 6M SF, we're guessing it all came from its acquisition of a San Antonio brokerage. |
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| Peloton merged with San Antonio-based Cambridge Realty to add to its 19M SF of leased and/or managed properties, including DFW?s tallest tower—the 72-story Bank of America Plaza (above). The merger creates Peloton Commercial Real Estate Partners. Over the next 60 days, CRG will transition to the Peloton San Antonio brand. Peloton DFW partner T.D. Briggs says the move is in response to client demands to expand across the state. The firm launched inDallas in 2002, expanded into Fort Worth in 2007 and then San Antonio. ?In each city, we have been fortunate to partner with formerTrammell Crow principals and partners who have allowed us to instantly enter a city with experienced local market leaders,? he says. |
