A pair of new full-service real estate firms, Dominion Real Estate Advisors and Dominion Realty Services (Dominion), made up of several local real estate investors, was announced today.
The principals of Dominion include Peter Burton, Robert Katzman, Larry Goss, Eric Banks, and Andy Boyce. The group comprised a majority ownership of CORE Partners Associates and CORE Construction Services (CORE), both of which are winding down due to differences in strategic vision and alignment among the former principals.
“Dominion is the next chapter in the ongoing evolution of our collective experience, built on three generations of success in the industry,” says Burton, principal of Dominion. The firm will provide brokerage, consulting, property management, asset management, receivership, construction, and development advisory services.
“Our grandfather would be proud to see his legacy, which he began over 100 years ago, continue to thrive,” says Katzman, a Dominion principal and Burton’s first cousin.
Dominion operates a portfolio of more than 7 million square feet of commercial, industrial, multifamily, retail properties, ranking it as one of the largest privately held full-service platforms in metro Detroit. Additionally, Dominion has one of the largest brokerage and advisory platforms comprised of millions of square feet across all real estate sectors, with nearly 200 listed properties.
Dominion’s principals are currently involved in more than 2 million square feet of new ground up light industrial, mixed-use, and multifamily developments locally.
“We’re very excited to move forward with the new enterprise, building on our rich history and the significant market growth we have experienced,” says Banks, who will head up brokerage services for Dominion. “We will continue to provide the high quality services and staff that our team is known for.”