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REATA Division Plans Rebrand Following CBRE Buy
San Antonio-based REATA Assets, Investments & Development announced it would begin doing business under a new name: Espada Real Estate. The rebranding announcement took place days after REATA Real Estate sold its brokerage and property management business to CBRE.
Espada’s Brent Conlin told the San Antonio Business Journal that the development and investment arm had, for years, “debated the merits of potentially separating ourselves from the other REATA companies by rebranding.” He noted that the companies’ recent sale made rebranding an easier decision.
John Wright was named a partner and director of retail development at Espada. Mitch Nicols will continue as director of medical development. The rebranded firm plans to move its headquarters to St. Paul Square in the next several weeks.
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