Stan Johnson Company Web Site - January 4, 2009
Stan Johnson Company, the nation’s premier net lease brokerage firm and Net Lease Authority™, is aggressively looking to expand into key markets across the United States. Following the successes of the company’s first regional office which launched in Houston, Texas in August 2008, Stan Johnson Company will continue to expand with plans of opening four to five more offices in targeted cities across the U.S., including Atlanta, San Francisco, Southern California, New York City & Chicago.
"In preparation for the next real estate cycle, we plan to continue leveraging our expertise while capitalizing on our past successes in order to drive new opportunities and growth for the future," said Stan Johnson, CEO of Stan Johnson Company. "We have talked to several top brokers who have expressed interest in joining our firm."
Leading the regional expansion effort is Daniel Herrold, who was promoted to Executive Managing Director of Business Development in November. Herrold will have responsibility for all business development and recruiting efforts leading the company’s growth plans. Since joining the company in 2003, Herrold has closed nearly 200 single tenant deals valued in excess of $1.6 billion, and as Regional Director, he spear-headed the launch of Stan Johnson Company’s Houston office.
The Houston office has proven to be a success, starting with two senior associates who have closed more than 20 deals totaling approximately $75 million in volume. Leveraging this success, the office has recently expanded the staff to include two additional senior associates and an analyst, with plans to continue to grow in 2010. In an effort to replicate the success of the Houston office, Herrold is now actively looking to hire multiple lead brokers in the targeted cities who have a strong track record of achievement in the single tenant net lease industry.
“We see today as an opportunity to hire more talented brokers, penetrate new markets, and grow our brokerage platform at a faster pace. We believe that our company’s value proposition of focusing exclusively in the net lease industry is stronger than it has ever been, particularly in this sluggish investment sales market,” said Herrold.
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