BBG, an independent commercial real estate valuation, advisory and appraisal firm, has acquired Trager Property Advisors, a San Antonio-based commercial real estate appraisal and consulting firm.
Terms of the acquisition were not disclosed.
The acquisition marks the fourth firm that BBG has acquired within the past 10 months. The San Antonio office brings the total number of BBG offices to 25 nationwide.
BBG appointed Travis Taylor, MAI, CCIM, Managing Director of TPA, as managing director of the San Antonio office. TPA’s other employees will join the BBG office.
BBG CEO Chris Roach said: “The acquisition of TPA further reinforces BBG’s commitment to expand its business in key markets, enabling it to offer its wide range services to both local and national companies operating in this region.
“We have established a major presence in Texas since we were founded here 25 years ago, and the San Antonio office allows us to build upon that achievement. This acquisition is an important step in our ongoing growth strategy across the country.”