posted on January 20, 2011 22:36
NAI Huff Partners, Fort Worth's largest commercial real estate firm, has merged its operations into the central region of Houston-based Transwestern real estate services and investment firm.
The merger expands Transwestern's operations into the Fort Worth market, adding more than 30 employees from the NAI Huff Partners team.
The merged company will be about the same size as Henry S. Miller Brokerage LLC, according to Dallas Business Journal research. The largest commercial real estate firms in the area are CB Richard Ellis, with 160 brokers, and Jones Lang LaSalle, with 120 brokers.
Transwestern's D-FW office will have 90 brokers and more than 39 million square feet of leasing and/or management business.
"We want to capitalize on NAI Huff Partners' outstanding record and history in the Fort Worth area, as well as the valuable relationships they have built since its founding in 1986," said Jack Eimer, president of Transwestern's central region, which covers North Texas and Oklahoma. "It is our goal to introduce NAI Huff Partners' clients to Transwestern's regional and national capabilities, yet retain continuity and the expertise of the firm's local presence."
The NAI Huff Partners and Transwestern announcement is the second major merger for Transwestern's central region in recent years. In late 2004, the firm merged with Dallas-based NAI/Stoneleigh.
Dallas Business Journal, 1/7/11, Bill Hethcock