Sperry Affiliate To Capitalize On Local And Asian Investors
DALLAS—Looking to take advantage of the strong local market in addition to the influx of overseas capital, a local commercial real estate firm has joined a national franchise brand. Engvest Commercial Realty LLC is the first Dallas/Fort Worth franchise affiliate to join Sperry Commercial Global Affiliates LLC.
The firm was founded by Daniel C. Eng. Eng and his business partner, Calvin Wong, will provide leasing, acquisitions, disposition and property management services to the Dallas/Fort Worth market under the Sperry Commercial Global Affiliates brand. Engvest brings more than 1 million square feet of retail center listings to the platform.
“We chose the Sperry Commercial platform because of its brand recognition, technology and access to Dallas deals,” Wong tells GlobeSt.com. “Every day, 400 people move to the Dallas metroplex and there is a lot of deal flow into Dallas. And, there are more direct flights from Dallas to Asia, which opens up overseas investors; China is buying a ton of US commercial real estate.”