X Team International Partner Stokas Realty Advisors Merges With Bieri Company
By: Identity Team
Two retail powerhouses become one; form Stokas Bieri Real Estate
DETROIT, November 9, 2010 — X Team, an international alliance of retail real estate advisors with expertise in more than 45 major markets throughout the U.S., Canada and Europe, announced today the partnership between Detroit X Team Partner Stokas Realty Advisors and Detroit-based Bieri Company, resulting in the formation of Stokas Bieri Real Estate (SBRE). X Team President Nelson Wheeler made the announcement.
Bringing together 35 years of combined success and industry experience, SBRE 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 big box, mid box and specialty retailers as Art Van, Ikea, Marshalls, Petco, Office Depot, TJ Maxx, Yankee Candle and Emagine Theatres.
“The combination of these two powerhouse retail players with long-standing relationships in the industry will heighten the X Team’s presence not only in the Midwest, but throughout the United States,” said Wheeler.
About X Team International
X Team is an international alliance of retail real estate specialists with offices located in major cities throughout the U.S., Canada and Europe. X Team partners average more than 20 years of industry experience, with expertise in major markets worldwide, specializing in tenant, property and developer/landlord representation, workout services, property dispositions and retail investments. X Team services include transaction negotiation, portfolio analysis, lease valuations, acquisitions, and asset assessment and valuation. For more information, please visit www.xteam.net.
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.
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