Concord Companies issued the following statement.
Commercial real estate professionals Ted Duckworth, Breck Hines and John Michael Holtmann announce the formal process of launching Concord Companies – a commercial real estate brand encompassing six entities including:
- Duckworth Realty, Inc.
- The District Land Development Company, LLC
- The District Management Company, LLC
- Concord Development
- Concord Realty Services
- Concord Capital
“Duckworth Realty was founded in 1989,” said Ted Duckworth. “The announcement of Concord Companies is a natural progression of our expansion. We have grown and diversified over time. Transitioning to Concord Companies enables us to represent and operate all of our commercial real estate interests and experience under one, unified brand. Concord Companies does not necessarily represent anything new, as this partnership formed in 2018. Our unified branding allows our long-standing commercial real estate entities to operate under one banner. With the addition of newly appointed staff in operations and property management, as well as upgraded technology and software investments, we are positioned to continue our growth while focusing on our customer and investment relationships.”
Breck Hines added, “We are well-established and have a long history in this market and many others throughout the Southeast. The Concord Companies brand will be integrated into every facet of our commercial real estate interests as we continue to expand into new markets and this process is well underway. With recent expansion into Baton Rouge and Knoxville, Concord now operates in Mississippi, Louisiana, Florida, Tennessee and Ohio.”
Hinds, Duckworth, Holtmann
“We are thankful for an incredible team and have invested heavily into our processes allowing us to provide better solutions for our clients, our tenants and our partners.” stated John Michael Holtmann.
The principals of Concord Companies are Ted Duckworth, Breck Hines and John Michael Holtmann. Concord Companies operate across the Southeast comprising of six, long-standing commercial real estate entities including: Duckworth Realty, Inc., The District Land Development Company, LLC; The District Management Company, LLC; Concord Development; Concord Realty Services and Concord Capital. Concord Companies is headquartered in Ridgeland, Mississippi.
Concord Companies official website is: www.concordcompanies.co.
18 comments:
Re-arranging the deck chairs on the Titanic!
Next step, go public with a real estate investment trust like Leland Speed did years ago. Not saying this is a bad thing, but a logical move to grow exponentially.
They are based in Ridgeland where there are fewer palms to grease to get things done. In Jackson and Hinds County they would need a fulltime palm greaser, err, permit application/inspector appeasement person.
Attn 10:39 Going public in essence sells these “Jackson Properties” to unknowing investors and basically gives these three property owners an expedient way to drop these decreasing in value properties. Pretty smart, if it works!!!!!
11:32 AM, too late! Jackson, MS is now notorious across the nation for having no water and all the crime!
Duckworth Realty used to own the WorldCom buildings in Clinton. Sometime around 2016 they sold it, but I don't remember who they sold it to. Someone out of state.
If Duckworth has any brains, Jackson is the place to be 10 -20 years down the road. People are moving back to cities all over the country. Missippi is just way behind as usual. Don’t worry Jackson will rise again.
Attn 2:57 PM Your logic is about as good as your spelling of Mississippi.
2:57 You clearly have been into the "medical" marijuana today. There may be a number of cities that will "rise again," but Jackson, MS is surely not one of them. When the culture in control won't acknowledge any of the current problems, why would they endeavor to "rise again" from an already good place? No, in fact, as Jackson spirals downward, they see that AS getting better.
You have to understand the culture.......
It's just a renaming of what's already there. Way to get in the news without creating any news.
Kudos to them.
They have been successful and we need more of exactly that in Jackson metro.
I'm proud of them.
Jusssss what is needed...MORE real estate developers....yeah.
2:57 was educated in Missippi schools and enjoys his smoke. Living large on his RIT!
It’s pronounced Miss-is-pi!
One thing for sure is that West and South Jackson will never experience gentrification.
Why is this a big deal? Is this a paid post? They are just three guys and some back office accounting ladies like a 1000 other small developers in the metro and state. Must be someone’s cousin.
2:57 is actually just stating what has transpired for hundreds of years across this Nation.
Sadly, we have politicians who can't seem to learn from the successes and failures of those outside our borders, so it may take a bit longer,but the drive from suburbia gets tiresome. The often speculative/rushed construction is on " the cheap" and ages badly. You can't "relocate" a capitol city. You can't duplicate the quality of the construction.
Better to get on board early with renovation and preservation and good governance instead of sabotaging progress.
I suspect the misspelling in 2:57's comment was likely intentional...it's how it comes out of the bubba boys mouths.
7:51 AM, don't forget that Jackson boasts one of the most historic water systems, a time capsule dating back to 1820! And we are one of the few cities left with open dueling to settle any quarrels.
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