Less than two months after announcing it would be purchased by New York private equity firm Apollo Global Management, The Fresh Market is shuttering its four North Texas stores.
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FBSCR Breakfast Meeting
Tarantino Properties, Inc. Announces New Director of Acquisitions.
Houston TX — Tarantino Properties, Inc. is pleased to announce that
Bob Stephan has been named Director of Acquisitions. An experienced leader and manager with an
outstanding track record of delivering results, Stephan served as Managing Director in his twenty-year
career at Coastal Securities, Inc. where he was a Partner since 1997. In 2006, he was elected as the
only non-bank Director on the National Association of Government Guaranteed Lenders and served
on the Board until 2012.
In the Director of Acquisitions role, Stephan’s responsibilities will be overseeing the sourcing,
underwriting, structuring finance and general oversight of all new acquisitions of multifamily, retail,
office and industrial properties. Upon performing due diligence and assembling the ownership entity,
Stephan is fully committed to maximizing the financial performance and value of the Tarantino
Properties’ portfolio of company-owned and controlled assets. In addition, Stephan is charged with
leveraging TPI’s thirty-five years of experience and existing client base of individual investors into a
profitable investment company for institutions and private equity, as well.
Bob Stephan is a graduate of Texas A&M University in 1985 with a Bachelor of Science degree. He
went on to earn a Master of Business Administration degree in Finance from University of Texas at
Arlington in 1992. Bob Stephens is a dedicated sports enthusiast, tennis player and volunteer youth
sports coach for his 4 children.
NAI Partners Hires SVP
NAI Partners has hired Andrew Pappas to head up the firm’s investment management division as senior vice president.
Pappas will be responsible for building a platform for NAI Partners’ investors to generate attractive, risk-adjusted returns. He will be managing a $200-250 million diversified portfolio of value-add office and industrial real estate throughout Texas.
Prior to joining NAI Partners, Pappas served as vice president at Vista Private Equity Group in Houston. He is a graduate of Texas A&M University where he received his undergraduate degree in accounting and his Master’s Degree in finance.
Is Texas or California more recession proof?
On long car trips, when the batteries on their iPhones go dead, my three daughters like to play a game called “Would You Rather?”
The contest typically devolves into a series of choices between two evils. As in, would you rather die in a nuclear holocaust, or be the only human left on the planet?
You get the picture.
The findings of a new report reminded me of the business version of that game. The question it raises, among others, is essentially this: Would you rather weather an oil-and-gas collapse in Texas, or a tech slump in California?
The answer may surprise you.
Click here to read the rest of this story from Austin Business Journal.
Mattersight Corp. Brings Treemont Plaza to Full Occupancy
Mattersight Corp., an Illinois-based behavioral analytics software company, leased 15,287 square feet at the Treemont Plaza medical office building in Austin, TX.
The three-story, 53,321-square-foot complex was constructed in 1985 at 3001 Bee Caves Rd. and renovated in 2001. It is in between the Shops at Mira Vista and The West Woods shopping centers in the Southwest submarket.
Mattersight will be relocating from the Barton Creek Plaza II office building in Austin. The company’s lease brings Treemont Plaza to full occupancy.
Paul Hudson of Hudson Properties, Inc. represented the landlord in-house, while Doug Jones of Colliers International represented the tenant.