FOR IMMEDIATE RELEASE
Integra Realty Resources Closes out 2018 On a High Note with
54 Local Offices Across the United States and Caribbean
IRR Remains Focused on Strategic Growth and Offering New and Enhanced Services to Clients
DENVER, CO — (January 28, 2018) —Integra Realty Resources (IRR), one of North America’s largest independent commercial real estate valuation and consulting firms, closes out 2018 on a high note. In addition to adding ten new local offices nationwide in 2018, the Company also launched Integra Hotels, a national hotels specialty practice group; expanded its Integra Healthcare & Senior Housing team; and launched Integra Litigation Practice Group offering unparalleled real estate expert witness and litigation services to national law firms.
Integra expects the year ahead to bring new challenges for commercial real estate market participants, according to Anthony M. Graziano, MAI, CRE, Chairman of IRR. He adds, “We expect to see significant investment in opportunity zones, many of which will require valuations to assist in qualifying the o-zone investments for preferential treatment. In many markets, higher levels of new construction and changing market fundamentals will require more in-depth market studies and market research to prove new development concepts. New infrastructure investment is driving demand for Integra’s right-of-way and eminent domain professionals. This is an exciting and dynamic time in commercial real estate, and Integra is prepared to assist clients across many specialized sectors and business lines in nearly every U.S. market.”
Integra will release its flagship commercial real estate outlook report Viewpoint 2019 on February 6. Graziano adds, “We look forward to connecting with existing and new clients to discuss our findings. As always, our focus remains on adding value to our clients’ investment strategies and facilitating their market research in the coming year as market volatility arrives in the commercial markets.”
New local IRR offices opened in 2018 include IRR-Atlanta, IRR-Denver, IRR-Fort Worth, IRR-Little Rock, IRR-New Orleans, IRR-Northern New Jersey, IRR-Philadelphia, PA, IRR-Pittsburgh, IRR-St. Louis, and IRR-Washington, D.C. IRR’s focus in early 2019 will be on the identification of partners for a local Boston and New York City office, followed by an aggressive 20-city branch-office strategy in Tier 2 and 3 cities to reinforce IRR’s local presence in growing secondary and tertiary commercial markets, according to Graziano.
About Integra Realty Resources (IRR)
Integra Realty Resources (IRR) is one of the the largest independent commercial real estate valuation services firms in North America, covering more than 60 markets with more than 600 employees throughout the United States and the Caribbean. The firm specializes in real estate appraisals, feasibility studies, market studies, expert testimony, and related property consulting services. Many of the nation’s largest and most prestigious financial institutions, developers, corporations, law firms, and government agencies are among IRR’s clients. In 2018, IRR valued more than $300 billion in real estate assets comprising over 27,000 assignments. For more information, visit www.IRR.com.