SRS Real Estate Partners has welcomed Brad Balbo as senior vice president in the Phoenix office. A well-known individual in the Phoenix industry with an established reputation, he specializes in the leasing, valuation, and operations of retail shopping centers and excels in all things restaurant related. He will focus primarily on landlord and tenant representation and investment sales alongside the Phoenix team.
Balbo brings more than 21 years of experience to SRS and started his career with Trammell Crow Company in in early 1990s. Balbo was a top producer and launched that into a successful career of leasing, development, and investment sales. During the 2000s, he joined Pacific Capital Investments as Director of Leasing and Principal. Based in California at that time, he helped grow the investment portfolio to more than $800 million, and managed a team of brokers across the Western U.S.
He most recently worked with a boutique firm in Scottsdale, where he was a top producer. Balbo comes highly recommended by individuals in the industry and is known for his integrity, passion, positive attitude, leadership and creative marketing strategies.
Balbo has a pre-law degree from the University of North Texas. He is an avid golfer and sports fan. He enjoys traveling, reading and traveling with his wife, Julie.
“Brad is a highly respected and well-established professional in the Phoenix retail real estate industry,” said Ed Beeh, EVP and market leader in the Phoenix office. “We are very lucky to have him join us in Phoenix.”
Mike Duffy, SRS Real Estate
SRS announced the hiring of Mike Duffy as senior associate in the Phoenix office. He will focus on landlord representation, tenant representation and land brokerage.
Duffy joins SRS with more than 20 years of experience in real estate. His introduction to commercial real estate came while at Marcus & Millichap, but his most recent experience in the industry was with ESCEE Commercial Properties.
There, Duffy was a retail leasing specialist focused on working with landlords to stabilize challenged properties through aggressive and effective merchandising and lease plans. Prior to that, he spent a significant amount of his career focusing on residential real estate where he coordinated the development, financing, construction and sale of high-end residential and multi-family properties. Duffy also has experience developing successful sales programs and managing multi-state territories within the medical industry.
“We are excited to have Mike join us in the Phoenix office,” said Ed Beeh, executive vice president and market leader in the Phoenix office. “His track record shows great commitment and focus, and he will do well as he continues his career in commercial real estate.”
Duffy is a graduate of Arizona State University and is a member of the International Council of Shopping Centers (ICSC).
SRS Real Estate Partners hired Jon Cowen as senior vice president in the Phoenix office. A well-known name in the Arizona market, Cowen brings a wealth of experience and relationships to SRS. He will focus on representing local and national retailers, shopping center leasing and development and investment sales.
Cowen has more than 24 years of experience in commercial real estate. His career boasts involvement in more than 500 transactions with a value in excess of $1B. He has worked with many high-profile clients such as Kimco Realty, Vestar Development Co., Sears Great Indoors, Skechers, Bank of America, CVS/Pharmacy, McDonald’s, Starbucks, and Staples. Cowen has represented many national retailer’s roll-outs and expansions in the Arizona marketplace such as Café Rio and The Keg Steakhouse and Bar.
Previously, Cowen worked with the Retail Advisory Group at Cushman & Wakefield after his own real estate firm, Cowen Commercial, LLC, was acquired by the company. While at Cushman & Wakefield, he was recognized as the company’s top retail producer for 2011 and 2012.
“Jon is going to be a great addition to the Phoenix office,” said Ed Beeh, executive vice president and market leader for the Phoenix office. “He has made a name for himself in the area and has a wealth of experience. We are very lucky to have him on our team.”
Cowen attended the University of Arizona and is a member of the International Council of Shopping Centers.
SRS Real Estate Partners named Alan Houston as a first vice president in the Phoenix office.
Alan Houston brings with him nearly 20 years of commercial real estate experience and relationships throughout major markets across the south central and southwestern U.S.
Alan Houston has been actively involved in acquisition, disposition, development, land brokerage and the completion of more than 700 leases and renewals. He began his retail brokerage career in Austin, Texas, and relocated to Houston in 1996 to join Weingarten Realty Investors. There he was responsible for the leasing and marketing of retail and mixed use properties in multiple states across the south central U.S. Houston relocated to Phoenix in 2007, and as vice president/regional leasing director, led a team of leasing executives covering five southwestern states and a varied portfolio that at times consisted of more than 50 shopping centers, encompassing over six million square feet.
“Alan is a great addition to our team,” said Ed Beeh, executive vice president and market leader for the SRS Phoenix office. “He has extensive and well-rounded knowledge of the retail real estate industry, which will greatly benefit our company and clients.”
Alan Houston graduated from the University of Texas at Austin with a bachelor of business administration degree, specializing in finance and real estate. He has been an active member of International Council of Shopping Centers (ICSC) since 1994 and spends time volunteering at the United Way serving on the Resource Management Committee.
For more information on SRS Real Estate Partners, visit their website at www.srsre.com.