DETROIT, November 9, 2010 – Stokas Realty Advisors and Bieri Company announced today their newly formed partnership as Stokas Bieri Real Estate (SBRE). Detroit X-Team Partner, Stokas Realty Advisors Principal Jim Stokas and Bieri Company President Jim Bieri made the announcement.
Bringing together 35 years of combined success and industry experience, Stokas Bieri Real Estate was created as a full-service retail real estate company that can provide a broader base of retail clients with all the services they need under one roof. SBRE specializes in site selection for retailers nationwide and offers additional services, including project leasing, disposition of excess properties, restructuring, market analysis and legal services. SBRE’s client roster includes such local big box, mid box and specialty retailers as SVS Vision Art Van, IKEA, Marshalls, Petco, Office Depot, TJ Maxx, Yankee Candle, AJ Wright, Home Goods, Emagine Theatres, Jos A Bank, Fire & Ice, Bob Evans, and Helzberg Diamonds, as well as, The Shoppes at Detroits’ Gateway Park (Woodward and Eight Mile) and General Motors Renaissance Center.
With offices in Southfield and Detroit, Stokas Bieri Real Estate is committed to Michigan and the Northern Ohio region, and will seek opportunities to assist land owners and developers toward developing larger retail centers with big box and specialty retail.
“Jim Stokas reflects the integrity and excellence that, over the years, we have brought to our clients. The synergy generated by our relationship will strengthen and broaden our base of excellent service. I am very pleased to be part of this new partnership,” said Bieri.
“This merger is in step with our practice of maximizing our clients’ returns on their real estate investments. It broadens our spectrum of creative real estate solutions and ideas based on the highest standards of service,” said Stokas.
About Stokas Bieri Real Estate
Formed in October 2010, Stokas Bieri Real Estate (SBRE) integrates the regional mid box retail focus for the Midwest of Stokas Realty Advisors with the national specialty (boutique) retail focus of Bieri Company. SBRE is a full-service retail real estate company covering the full spectrum of retailers at all size levels. For more information, please visit www@sbre1.com.
About X Team
X Team is an international alliance of retail real estate advisors with offices located throughout the U.S., Canada and Europe. X Team members average more than 20 years of experience, with expertise in more than 45 major markets, specializing in tenant representation, developer/landlord representation, retailer property dispositions and retail investments. X Team services include competition, market penetration and demographic analyses; site selection; transaction negotiation; site plan consulting; portfolio analysis; lease valuations; acquisitions; dispositions; asset assessment and valuation; and, due diligence support. For more information, please visit www.xteam.net.
