The J. Beard Real Estate Co., a full-service commercial real estate company best known in north Houston, announced an alliance with SVN International Corp., a global real estate organization with 200 offices in six countries.
The new alliance puts The Woodlands-based boutique real estate firm on a fast track for growth across the Houston area, according to company founder Jeff Beard. The deal also gives Boston-based SVN, which has a large presence on the West and East coasts, a sizable Houston office with approximately 50 employees, including 20 brokers.
The company will be known as SVN | J. Beard Real Estate – Greater Houston. Beard, who founded the company in October 2003 and retains full ownership, serves as managing director.
“We have grown over the years despite challenges like the ’08 financial crisis, dramatic swings from the local economy’s energy sector, natural disasters, and most recently the global pandemic,” Beard said in an announcement. “Each and every time, our team pulled together and has emerged bigger and better.”
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SVN was founded in 1987 as Sperry Van Ness and adopted its current name in 2015.
“As the SVN brand expands across the globe, we are partnering with market leaders who share our vision of a collaborative, open and transparent approach to commercial real estate,” said CEO Kevin Maggiacomo.
J. Beard provides leasing, brokerage, site acquisition, property management, development, consulting and landlord/tenant representation services. The alliance gives J. Beard access to SVN’s global property research, data, training, teaching and networking resources.
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Beard said that his company is in the process of opening a second Houston office and that aligning with SVN will assist with employee recruiting and retention efforts. It will also help the company expand into multifamily and increase its business in the industrial sector in regions such as east and northwest Houston, Beard said.
SVN is one of the nation’s largest commercial real estate firms, handling $12.5 billion in U.S. transactions in 2020. The company provides sales, leasing, capital markets, corporate services, project management and tenant representation services.