Endura Advisory adds player in local retail real estate market - Phoenix Business Journal:

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With Altomare, Endura officially enters a new sector of the commercialp realestate industry: The retai l market. “Adding him is a quantun step forwardfor us,” says Held of Altomare, who will head up the retaiol services division for Endura. “W always knew we needed to have aretaill platform,” adds Lundblad. The adds Held, was finding the right persojn forthat platform. Says Held: “(Altomare’s) name surfaced to the top more thananyoner else’s.
” Over the years, Altomare has represented severa l noted players in the local retail game — includingy national shopping-center owners , and On the tenant Altomare’s client list included , and Dick’s Sporting Goods. Altomares comes to Endura after 15 yearws with United CommercialRealty (UCR) San Antonio — wherew he served as a partner in the firm. “It’z a great group,” says Altomare of UCR, adding that his experience thers wasvery rewarding.
“ I will miss the UCR family a UCR co-founder Guyla Sineni adds that UCR, too, will miss “We wish him well,” she The move to Endura was not one that Altomare made But in the firm, he says he saw an opportunity to pursuee “a new set of challengesa and opportunities” — including the chance to build a retailk division in a young, albeir aggressive, brokerage house. Held and Lundblasd founded Endura in latesummetr 2007. The two founded the firm with a focus on clienyservices — including leasing, property management and investmeny sales for the localo office and industrial real estate And now the retail industry is being added to the mix.
“Wr are extremely flattered (Altomare) joined us,” Lundblad “As we have been (flattered) by the others who have joinefd us. They took a leap of All of the Endura partners hail from larger realestate firms. For example, Held and who serve as senior partner inthe firm, were previously with and , Joining Lundblad from NAI REOC was Rick LaGrange. Rounding out the slat e are heavy hitters Teresa Corbin and Vickie who came to Endura by wayof ; and Albert who was previously with & Investments. It is a grouo that, as Held puts it, left the securitgy of a “bird’s nest on the to stake its claim in a fledgling firmlike Endura.
But in the 17 monthsa since openingits doors, Enduras is living up to its moniker — which alludes to Held says. To date, the firm leasees some 3.4 million square feet of office spac e and manages another 1 million squar feet ofoffice assets. The firm also has more than $130 milliom worth of assets that it is marketint for sale forvarious