DALLAS,Â Jan. 6, 2015Â /PRNewswire/ — Butler Burgher Group (BBG), a leading independent national commercial real estate valuation, advisory and assessment firm, today announced that BBG Group experienced one of its best years in 2014 as a result of the firm deploying successful business strategies amid a rebounding U.S. commercial real estate market.
“We are extremely pleased with our performance in 2014, a year in which we continued to expand our footprint in a number of active commercial real estate markets nationwide,” said BBG CEOÂ Diane Butler. “It was also a year that enabled us to lay the foundation of a broad strategic plan that will position us for strong growth in the years ahead.”
In 2014, BBG continued its strong growth pace in excess of 30%, which was consistent with prior years.
One of BBG’s most notable achievements in 2014 was the acquisition of the Leitner Group, aÂ New York-based commercial real-estate valuation and consulting firm, in August. The acquisition gave BBG a strong presence inÂ New YorkÂ and the greater tri-state area, further reinforcing BBG’s status as the fastest-growing independent commercial real estate valuation and consulting firm inÂ the United States.
BBG also expanded itsÂ Phoenix,Â Denver,Â San DiegoÂ andÂ IndianapolisÂ offices by adding team members in these locations to support company growth.
Ms. Butler also was honored as a Distinguished Leader at the 2014 Commercial Real Estate Women (CREW) Convention and Marketplace. CREW recognized Ms. Butler for her work in building a successful company and her deep involvement in CREW’s mission in influencing the success of the commercial real-estate industry by advancing the careers of women.
Looking ahead, Ms. Butler anticipates strong growth for the firm in 2015, predicated on continued robust activity in many commercial real estate markets across the country.
One of those markets is the state ofÂ Texas, which is expected to benefit from several positive trends including job growth and other economic factors.Â Dallas, where BBG has its headquarters,Â HoustonÂ andÂ AustinÂ have consistently ranked high for commercial real-estate growth and for economic indicators that have driven this growth.Â Â CaliforniaÂ is another active market that is expected to help drive growth for the firm this year.
Ms. Butler added that the office sector in 2015 is expected to be buoyed by a combination of strong employment gains, enduring growth in technology companies and a constrained real estate supply, which is expected to lead to an improvement in rents in certain markets. The Industrial sector also is expected to benefit from favorable foreign trade and an uptick in exports.
BBG is an independent national valuation, advisory and assessment firm headquartered inÂ DallasÂ with offices fromÂ New YorkÂ toCalifornia. Nationally ranked as one of the top 10 commercial real estate firms in the U.S., and led by former national CREW President,Â Diane Butler, BBG has experts in all facets of commercial real estate. From multifamily and student housing, to large portfolio projects, BBG achieves large results with the personalized touch of a small firm.
Contact:Â Marc Weinstein