Trademark Property includes retail veteran

Likewise, Black Bear Diner opens.

Fort Worth's Trademark Property Company is getting ready for the future..

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The operator and developer of regional shopping centers, outside retail and mixed-use homes revealed Nov. 16 it has selected industrial property veteran Kevin Kessinger as president and chief running officer.

Kessinger has experience operating large retail and mixed-use homes for institutional owners, operators and funds. He was an original member of the executive team at ShopCore Properties, an owner-operator of neighborhood, power and grocery-anchored retail centers. He is also a cofounder of CoreGiving, a charity that battles appetite and food insecurity amongst kids in the U.S

. The hire comes at a time when Trademark has been hectic, both in your area and nationwide.

The company, established in 1992 and still led by Terry Montesi, is associated with a number of retail jobs in Dallas-Fort Worth, consisting of two high-profile ones: the redevelopment of Lincoln Square shopping mall in Arlington and the Galleria Dallas. The company also developed the Waterside mixed-use development in southwest Fort Worth and is currently expanding its WestBend mixed-use advancement near Texas Christian University. The company recently presumed leasing and property management for the 114,000-square-foot retail district at Fort Worth's Left Bank. It likewise has developments in California, Georgia, Louisiana, Maryland, Missouri and Tennessee, in addition to other parts of Texas. All told, Trademark's group of more than 134 employees presently handles a 17-property portfolio of over 8.2 million feet of mixed-use and retail tasks across the nation.

Kessinger's charge at Trademark will be increasing the company's footprint, carrying out finest practices, increasing the talent swimming pool and finding ways to incorporate brand-new innovations, such as AI.

Kessinger is signing up with Trademark at a challenging time for business realty, with high interest rates causing numerous companies to keep back on development. But Trademark's track record of being able to navigate challenging economic cycles was one reason he aspired to sign up with the company.

" I believe it is going to be a differentiator not simply for surviving moving forward, however for flourishing and having the ability to take advantage of the dislocation that's likely to happen and create other investment opportunities," he stated.

Kessinger has actually known Trademark CEO Terry Montesi for several years.

" His vision, imagination and development in the method centers are designed and curated and developed and configured and ultimately rented were really attractive to me," he said.

Montesi's abilities complement Kessinger's own ability, which concentrates on individuals, procedure and structuring systems.

" I think it is an unusual thing to have this dovetail so closely together," Kessinger said.

He said he will be especially interested in what Trademark does with Lincoln Square. His previous business, ShopCore, owned the residential or commercial property before offering it to Trademark.

" That home has a special location in my heart," he stated. "It's a terrific piece of real estate there.".

The once-booming 470,000-square-foot center was built in 1983 during a various retail era. It rests on a high-profile corner at 1500 N. Collins St. close to Arlington's home entertainment district, which includes Globe Life Field, Choctaw Stadium, AT&T Stadium, Texas Live! and the Loews Arlington Hotel and Convention Center.

The city of Arlington has begun two grants amounting to $14.23 million and Trademark has actually committed to invest at least $150 million to convert the center into a mixed-use advancement with workplaces, houses, retail and restaurants.

" There's a lot favorable taking place in the area surrounding Lincoln Square," Kessinger said. "There's a great deal of capacity.".

Among the hallmarks of Trademark's work is its capability to construct relationships with the cities and neighborhoods where it owns properties, he stated.

" These tasks just work when you have a real partnership and collaboration with the municipality and with the neighborhood and other stakeholders," he said.

Hallmark, he noted, has actually held community meetings in Arlington to listen to concepts on how to develop Lincoln Square.

" These advancements are extremely crucial to the neighborhood, and retail is still active local," he said. "You have to listen to the neighborhood.".

Hallmark has a fantastic credibility for cultivating those relationships and delivering on what it guarantees to do, Kessinger said. Not everything works the first time, he stated, however Trademark has proved they have the vision and perseverance to see it through, he said.

" You have to have that conviction," Kessinger said.

The current economic climate will develop challenges and opportunities in the next few years, Kessinger said. He thinks Trademark will be positioned to take advantage of the opportunities as they come along.

" Groups like Trademark, that have a tested performance history, will have the ability to bring in capital and close on investments," he stated. "I think Trademark is well-positioned to take advantage of any dislocation in the market.".

The Black Bear requirements.

Black Bear Diner, a Redding, California-based chain that serves home-style comfort foods, has actually opened its very first Fort Worth area, at 9501 North Freeway, and plans to open its very first place in Burleson in December.

The diner in the Alliance area is 5,000 square feet and has a seating capacity of 154. The area will be open day-to-day 6 a.m.-10 p.m.

Black Bear Diner has 157 places throughout 14 states.

Do you have something for the Bob on Business column? Email Bob Francis at bob.francis@fortworthreport.org.

Bob Francis is service editor for the Fort Worth Report. At the Fort Worth Report, news decisions are made separately of our board members and monetary fans.

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The Fort Worth Report retains the copyright for all of its published material. Contact Managing Editor Thomas Martinez.Trademark Property includes retail veteran if you have any other questions.
by Bob Francis, Fort Worth Report.
November 27, 2023.

<< h1>> Trademark Property includes retail veteran<.
<< p class="" byline" > by Bob Francis, Fort Worth Report << br/>> November 27, 2023<.

<< p><> < em>> Also, Black Bear Diner opens.<.
<< p>> Fort Worth's << a href=" https://trademarkproperty.com/">> Trademark Property Company< is getting ready for the future. <.
<< p>> The operator and designer of local shopping malls, outdoor retail and mixed-use homes announced Nov. 16 it has designated commercial real estate veteran Kevin Kessinger as president and chief running officer.&& nbsp;. < p > Kessinger has experience operating large retail and mixed-use properties for institutional owners, operators and funds. He was an original member of the executive group at << a href=" https://www.shopcore.com/">> ShopCore Properties<, an owner-operator of community, power and grocery-anchored retail centers. He is likewise a cofounder of << a href=" https://www.coregiving.org/">> CoreGiving<, a charity that battles cravings and food insecurity amongst children in the U.S.<.
<< p>> The hire comes at a time when Trademark has actually been busy, both in your area and nationwide.&& nbsp;. < p > The firm, established in 1992 and still led by Terry Montesi, is involved in a variety of retail projects in Dallas-Fort Worth, consisting of 2 prominent ones: the redevelopment of << a href=" https://www.lincolnsquarearlington.com/">> Lincoln Square< shopping mall in Arlington and the Galleria Dallas. The company likewise developed the << a href=" https://www.watersidefw.com/">> Waterside< mixed-use development in southwest Fort Worth and is presently expanding its << a href=" https://www.westbendfw.com/">> WestBend< mixed-use development near Texas Christian University. The company recently assumed leasing and property management for the 114,000-square-foot retail district at Fort Worth's << a href=" https://fortworthreport.org/2023/10/07/trademark-property-plans-more-pedestrian-friendly-left-bank/">> Left Bank<. It also has developments in California, Georgia, Louisiana, Maryland, Missouri and Tennessee, in addition to other parts of Texas. All told, Trademark's group of more than 134 workers currently manages a 17-property portfolio of over 8.2 million feet of mixed-use and retail tasks across the nation.<.
<< p>> Kessinger's charge at Trademark will be increasing the company's footprint, executing best practices, increasing the skill swimming pool and finding methods to integrate brand-new technologies, such as AI.&& nbsp;<& nbsp
<;. < p > Kessinger is signing up with Trademark at a difficult time for business realty, with high interest rates triggering numerous companies to keep back on advancement. But Trademark's performance history of being able to browse challenging financial cycles was one reason he was eager to join the firm.& & nbsp;. < p > "I think it is going to be a differentiator not simply for making it through going forward, but for growing and being able to take advantage of the dislocation that's most likely to occur and create other investment chances," he stated.<.
<< p>> Kessinger has actually understood Trademark CEO Terry Montesi for a number of years.&& nbsp;. < p >" His vision, imagination and innovation in the way centers are created and curated and established and configured and ultimately rented were extremely appealing to me," he said.<.
<< p>> Montesi's abilities complement Kessinger's own skill set, which focuses on people, process and structuring systems.&& nbsp;. < p > "I believe it is a rare thing to have this dovetail so carefully together," Kessinger said.&& nbsp;. < p > He said he will be especially interested in what Trademark makes with Lincoln Square. His previous company, ShopCore, owned the home before offering it to Trademark.<.
<< p>>" That home has an unique place in my heart," he stated. "It's an excellent piece of real estate there."&& nbsp;. < p > The once-booming 470,000-square-foot center was built in 1983 throughout a different retail era. It rests on a prominent corner at 1500 N. Collins St. near Arlington's home entertainment district, which includes Globe Life Field, Choctaw Stadium, AT&& amp; T Stadium, Texas Live! and the Loews Arlington Hotel and Convention Center.<.
<< p>> The city of Arlington has begun 2 grants amounting to $14.23 million and Trademark has committed to spend a minimum of $150 million to convert the center into a mixed-use development with workplaces, apartment or condos, retail and dining establishments.<.
<< p>>" There's a lot favorable occurring in the location surrounding Lincoln Square," Kessinger stated. "There's a great deal of potential."&& nbsp;. < p > One of the trademarks of Trademark's work is its ability to build relationships with the neighborhoods and cities where it owns properties, he stated.<.
<< p>>" These tasks only work when you have a real collaboration and partnership with the municipality and with the community and other stakeholders," he stated.<.
<< p>> Trademark,&& nbsp; he noted, has held neighborhood conferences in Arlington to listen to concepts on how to establish Lincoln Square.&& nbsp;. < p >" These developments are really crucial to the neighborhood, and retail is still active regional,"&& nbsp; he stated. "You need to listen to the neighborhood."&& nbsp;. < p > Trademark has a terrific track record for cultivating those relationships and providing on what it assures to do, Kessinger said. Not everything works the very first time, he stated, however Trademark has proved they have the vision and determination to see it through, he stated.&& nbsp;. < p >" You need to have that conviction," Kessinger said.&& nbsp;. < p > The current economic environment will develop challenges and chances in the next few years, Kessinger stated. He thinks Trademark will be positioned to take advantage of the opportunities as they come along.&& nbsp;. < p >" Groups like Trademark, that have a proven track record, will have the ability to bring in capital and close on investments," he stated. "I think Trademark is well-positioned to benefit from any dislocation in the market."&& nbsp;. < p > < strong > The Black Bear necessities<.
<< p><> < a href=" https://blackbeardiner.com/">> Black Bear Diner<,<< strong> <> a Redding, California-based chain that serves<< strong> <> home-style comfort foods, has opened its very first Fort Worth place, at 9501 North Freeway, and plans to open its very first area in Burleson in December.<.
<< p>> The restaurant in the Alliance area is 5,000 square feet and has a seating capability of 154. The place will be open day-to-day 6 a.m.-10 p.m.&& nbsp;. < p > Black Bear Diner has 157 places throughout 14 states.&& nbsp;. < p>> < em > Do you have something for the Bob on Business column? Email Bob Francis at bob.francis@fortworthreport.org. .
<< p><> < em>> Bob Francis is service editor for the Fort Worth Report. Contact him at bob.francis@fortworthreport.org. At the Fort Worth Report, news choices are made independently of our board members and financial fans. Read more about our editorial self-reliance policy here.<.

This << a target="" _ blank"" href="" https://fortworthreport.org/2023/11/27/trademark-property-adds-retail-veteran/">article first appeared on << a target="" _ blank"" href="" https://fortworthreport.org">Fort Worth Report< and is republished here under a Creative Commons license.<< img src="" https://i0.wp.com/fortworthreport.org/wp-content/uploads/2021/04/cropped-favicon.png?fit=150%2C150&quality=80&ssl=1" style="" width:1 em; height:1 em; margin-left:10 px;"><" > < img id="" republication-tracker-tool-source"" src="" https://fortworthreport.org/?republication-pixel=true&post=95982" style="" width:1 px; height:1 px;">" >.

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