Baker Katz Expands Its Retail Investment Brokerage with Addition of Paula Foster
Prominent Houston retail brokerage firm adds key broker.
PR9.NET September 28, 2006 - HOUSTON – Jason Baker and Kenneth Katz, principals of Baker Katz, a recognized market leader in the retail brokerage industry, announced today that Paula Foster has joined the company. The addition of Foster underscores the Company's initiative to expand its presence in retail investment brokerage concentrating on exclusive owner representation.
"We're excited to have Paula join Baker Katz," Katz said. "She is one of the most knowledgeable, responsible and responsive brokers in the investment sales community – qualities that translate into outstanding client service. Paula has a wealth of experience in the commercial real estate arena. She understands the depth of investigation needed to profile a property offering in order to streamline the underwriting process. Paula also facilitates the due diligence process once under contract to assure a smooth and expeditious closing."
"We are extremely pleased that Paula has joined the firm," Baker added. "Paula's solid grounding in the marketing of retail investment properties has been achieved through her diligent sales presentations, which are the result of extensive property forensics. She has a reputation for highly detailed analysis prior to marketing a property, which minimizes the questions and ambiguity that can slow down a transaction. Blending her talents with those of Baker Katz creates a unique disposition group offering extensive property analysis, thorough leasing and broad tenant experience with unparalleled market knowledge."
Foster is a 28-year veteran of the commercial real estate industry and has been involved in all aspects of real estate transactions, including investment property brokerage, large tract assemblage and development, legal, management and financing. Paula specializes in representing owners in the disposition of neighborhood, community and power centers. Her retail investment transactions to date total more than 80 sales comprising over 7,000,000 square feet nearing $700 million in consideration.
Prior to joining Baker Katz, Paula was a Vice President with Grubb & Ellis Company (Houston) partnering with George Cushing for six consecutive record-breaking years in retail investment sales. In addition to receiving numerous company accolades, the Cushing/Foster team was recognized in 2004 for earning the highest commission revenue received in the history of the Houston Grubb & Ellis office.
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About Baker Katz
Baker Katz, co-founded by principals Jason Baker and Kenneth Katz, is a recognized market leader in the Houston retail brokerage industry. With a broad network of relationships among retailers, owners, developers and brokers, Baker Katz specializes in commercial/retail brokerage including tenant representation, investment sales and property leasing.
Baker Katz has partner offices positioned in more than 25 major metropolitan markets nationally, through its association with X Team Retail Services Network (www.Xteam.net). X Team is an affiliation of veteran brokerage firms that focus exclusively on retail commercial real estate.
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