From left to right: Jim Eagle, Tom Sutherland, John Conger and John Bowles, CASE's four principals.
CASE Commercial Real Estate Partners, a commercial real estate firm headquartered in Dallas, added to its service platform with its recent merger with John Bowles Co. JBC is a Dallas-based boutique firm that focuses on office and retail project leasing, tenant representation and property management services.
The alliance gives CASE a total of 81 workers in Dallas, Fort Worth, Austin, San Antonio and Houston, including 35 brokerage professionals. JBC also added 4 million square feet of office and retail space, plus flex inventory to the merger. Gross annual sales and leasing transaction volumes are estimated to be $250 million. JBC will now operate as CASE.
“The Texas market is primed for growth and we wanted speed-to-market in growing our platform,” said John Conger, co-owner and principal of CASE. “John Bowles is a well-known entity in this business and he has built his company on the same culture and principals that we practice at CASE. There couldn’t be a better match to synergize our service capabilities for clients.”
John Bowles, who founded JBC nearly 17 years ago, will serve as a principal at CASE and concentrate on new business development.
“My company became interested in joining a bigger platform to take advantage of elevated market opportunities,” Bowles said. “When it came down to it, we were most comfortable with the entrepreneurial and client-focused style of operation that CASE presented.”
Retail specialist Mike Cagle joined CASE to oversee the retail service line, which consists of 85 shopping centers currently being leased by JBC in the Dallas/Fort Worth area.
“With our two firms combined the bench is deep and it gives us an entrée into more submarkets in the Metroplex,” said Conger.