Terry joined Sage Capital in 2020 after 18 years in commercial real estate brokerage with Colliers International and prior to that with Grubb & Ellis. He specialized in the hotel practice in a multi-state region while with both firms. Terry was also a key member of the retail team at both companies. Terry is the leader of our brokerage operations and an active agent representing hotel development companies and hotel ownership groups with site selection and/or purchase/sale of existing hotels. He also interfaces with franchise development professionals and management companies. Terry has worked on projects that include Marriott, Hilton, IHG, Choice, Preferred Hotels, Carlson Rezidor and La Quinta brands. His past experience includes hotel valuation/BOV, 363 sales, mortgage note sales, 1031 exchange transactions, and hotel condo regimes and development.
Being a former retailer with many years of working with retailers allows him a keen understanding of the wants and needs of this market segment. Terry’s projects in retail representation have included both tenant and landlord requirements. Terry has worked on transactions with national tenants such as Great Escape Theaters, Sullivan’s Steakhouse, Panera Bread, Starbucks, Walgreens, Mattress Firm, Charming Charlie, Dairy Queen Grill & Chill, Village Inn, Lone Star Steakhouse.
NOTABLE TRANSACTIONS
-$22 Million Valuation Services, Foreclosure Advisory & Expert Witness – Doubletree
-$10.8 Million Sale- Fairfield Inn & Suites
-$10.5 Million Development Project, Land Assemblage – Cogleywood Development
-$10.2 Million Sale- Holiday Inn Express
-$8.7 Million Sale- Holiday Inn Express
-$6.5 Million Hotel Sales – Country Inn & Suites (2)
-$4.5 Million Warehouse – Buyer Representative
-$4.28 Million Lease – Bed Bath & Beyond
-$4.25 Million Sale- LaQuinta Inn & Suites
-$3 Million Sale – Office/Retail
-$2.5 Million Note Sale – Redick Plaza Hotel
-$2 Million Lease – Sullivan’s Steakhouse