January 27, 2023, Dallas, Texas – Greysteel, a national commercial real estate investment services firm, announced the promotion of Jack Stone to Managing Director, Investment Sales. Prior to Greysteel, Mr. Stone was a practicing real estate attorney at a national law firm. He specializes in the disposition of multifamily assets for both private and institutional clients in Dallas Fort Worth, throughout the state of Texas, and El Paso (where he’s taken the majority of the market share in sales). Since joining Greysteel in 2018, Mr. Stone has closed nearly five hundred million in sales transactions and was awarded D CEO Power Broker by D magazine for three consecutive years and the CoStar Deals Award. He’s also a frequent contributor to D Magazine’s commercial real estate section and Texas Real Estate Business Magazine.
“Jack has done a tremendous job expanding our business and brand into other markets such as El Paso since joining Greysteel almost five years ago. It’s been a pleasure watching him continue to grow, build lifelong relationships and friendships with clients, and become a leader within our team. I look forward to watching Jack continue to kill it in the next five years.” Said Senior Managing Director Doug Banerjee.
The Greysteel Office in Dallas, Texas continues to experience rapid growth. Since opening, the number of professionals in the office has increased significantly and today Greysteel Dallas’s growing team provides the full suite of capital event solutions, including Investment Sales, Capital Markets, and Structured Finance.
‘’I’m very proud to work with such a great team of professionals,” said Jack Stone. “We’ve grown tremendously over the last few years, and I have no doubt we’ll continue to impress clients, old and new, by providing unparallel value.”
According to Greysteel’s Market Report, Dallas is home to 21 Fortune 500 companies, 41 Fortune 1000 companies, and 300 corporate headquarters, the local economy is booming more than ever. The City of Dallas also boasts over 137.8 million square feet of office space, with an additional 2.3 million square feet under construction, and thousands of acres of vacant land developable for distribution, office, multifamily, and retail use. The future of Dallas has never
looked better as the city and the Metroplex are among the world’s 75 fastest growing economies, according to the Brookings Institute.