Rise Partners added third-party commercial brokerage advisory services to its array of offerings, serving investors, tenants, and institutions over a wide variety of property types in the Southeast. Vice Presidents of Brokerage Services Wilson McGinness and John Tugman joined the firm recently to head up the new division.
Mr.
McGinness and Mr. Tugman bring over 35 years of combined real estate experience in the industrial, office and retail commercial markets including pre-leasing big box industrial, retail leasing, land acquisition, dispositions and urban redevelopments. The brokerage team will cultivate strategic opportunities for clients by applying its deep relationships, entrepreneurial instincts, and comprehensive marketing platform.
“John and I are thrilled to join the Rise team. Their reputation is testament to the company’s accomplishments,” said Wilson McGinness, vice president of Brokerage Services. "We believe our capabilities are a natural complement to their development experience and will support Rise Partners as a full-service real estate solution."
Mr. McGinness, vice president of Brokerage Services, is responsible for the growth and performance of the brokerage division. Bringing extensive knowledge of the industrial market, McGinness has represented tenants and landlords in the leasing, acquisition and disposition of over 15 million square feet. Prior to joining Rise Partners, McGinness was the director of leasing at JDK Real Estate for over 10 years. While there, he was responsible for an approximately two million square foot portfolio of industrial space in Tennessee and Georgia. He also performed site selection and tenant representation across the country for one of the nation’s leading third-party logistics companies where he represented multiple Fortune 500 companies. Mr. McGinness is a graduate of The University of Georgia where he received a degree in finance.
Mr. Tugman, vice president of Brokerage Services, will also be responsible for the growth of the brokerage division. He is a native Chattanoogan and attended The McCallie School and The University of the South. His 21-year career in commercial real estate started at CBL as district manager of leasing, followed by similar positions with Highwoods Properties and M.D. Hodges. Tugman later served as vice president and regional director of leasing at DCT Industrial. Moving back to Chattanooga, Mr. Tugman directed companywide restaurant site selection for Craftworks Restaurants and Breweries as their vice president of real estate, growing the company’s site pipeline.