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Terry Montesi to be inducted into CRE Hall of Fame

“NTCAR Set to Honor Two in May“|Anna Caplan, GlobeSt.com

{1/29/2015} The North Texas Commercial Association of Realtors is set to honor two local leaders – Robert Shaw of Columbus Realty and Terry Montesi of Trademark Property Co. – as inductees into the 2015 Commercial Real Estate Hall of Fame.terry2

The NTCAR event will be held on Tuesday, May 5, at the Dallas Country Club.

Shaw, managing partner of Columbus Realty Partners Ltd., turned to real estate a few years after suffering a knee injury and retiring from the NFL. In 1987, he created his first company to pursue the creation of walkable urban neighborhoods. In 1993, he took his company public as Columbus Realty Trust.

“Robert Shaw took an unfamiliar concept, boldly pushed it forward despite many doubters, and formidably raised the bar with his dream of creating beautiful neighborhoods close to the city center,” says Roger Staubach, executive chairman of JLL Americas. “The cities of Dallas, Austin, Phoenix and Denver have all benefited greatly from his leadership.”

In 1997, he merged CLB with Post Properties, and in 1999 resumed operations as a private company to continue his life’s work. Since that time he has been involved in the development of over 15,000 apartments, condominiums and townhomes along with neighborhood-based retail space.

Montesi, who founded his Fort Worth-based company two decades ago and now serves as CEO, has overseen the development or investment in over $2 billion and 11.4 million square feet of retail and mixed-use properties across the country. Since his first retail project in 1991 redeveloping Preston Oaks shopping center in Dallas, Trademark has enjoyed numerous milestones, including being tapped to redevelop Dallas’ Victory Park into a walkable urban dining, entertainment and shopping district.

Montesi’s major projects include Waterside, the acquisition of 63 acres along the Trinity River in Fort Worth that will be home to a new, mixed-use development and Trademark’s first “Conscious Place” that will include anchor-tenant Whole Foods Market, retail, restaurants and 375 high-end, multifamily rental homes built by Transwestern Development Co. Waterside also will include 200,000 square feet of retail space and riverside restaurants, 20 acres of residential, 200,000 square feet of office space, and a signature hotel. Other North Texas developments credited to Trademark include Alliance Town Center, Watters Creek at Montgomery Farm and WestBend.

“Terry Montesi is truly deserving of this award for the significant imprint he’s made not only in North Texas but throughout the country,” says Kathy Permenter, chair of the 2015 Reunion and Hall of Fame event. “He is a bold visionary leader, and he inspires all who work and partner with him.”

Also slated to receive an honor at the event is Neal Sleeper of City Place Co., who will receive the Michael McAuley Lifetime Achievement Award.

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