Tim Johnston Joins NAI DESCO as a Vice President
O’Fallon, Illinois – February 12, 2014 – NAI DESCO, a member of the world’s premier managed network of commercial real estate firms, announced today that Tim Johnston joined the firm’s Metro East office as Vice President. In this role, he will focus on commercial real estate services in Southern Illinois, particularly land, office, and retail properties.
“We are delighted to welcome Tim to NAI DESCO,” said Principal John Sheahan. “The improving economy and outlook for the commercial real estate market continues to create new opportunities for our clients and Tim adds an exciting dimension of experience and market connectivity to our business.”
Tim has significant experience in commercial real estate, particularly in the Metro East. He joins NAI DESCO after 7 years at Johnson Properties and before that 20 years at Kenneth Johnson Agency. During his 25+ years in the business, Tim has completed over 600 transactions resulting in hundreds of millions of dollars in sales and development.
He has been awarded numerous honors from the Realtor Association of Southwestern Illinois including the President's Club Award, the Five Star GCI Award, the Excellence in Real Estate Award, and the Largest Commercial Sale Award, which Tim has received four times.
“Tim will be a great addition to our team in the Illinois office,” said Illinois Managing Broker David Wittenauer, “Over the years, I have worked on many transactions with Tim and I’m very excited to have him join our company.”
About NAI DESCO
NAI DESCO is a leading commercial real estate firm serving Central and Eastern Missouri and Southern Illinois. Founded in 2000, NAI DESCO was formed when the Schnuck family partnered with veteran brokers to create an independent firm for the brokerage of third-party office, industrial, medical, retail and investment properties. NAI DESCO’s sister company, The DESCO Group, manages, leases and develops the Schnuck Markets portfolio as well as developing and managing third-party properties. Together, the companies provide a full range of commercial real estate services.
About NAI Global
NAI Global is the single largest, most powerful global network of owner-operated commercial real estate brokerage firms.NAI Global provides a full-range of corporate real estate services, including brokerage and leasing, property and facilities management, real estate investment and capital market services, due diligence, global supply chain consulting and related advisory services. NAI Global member firms, leaders in their local markets, are actively managed to work in unison and provide clients with exceptional solutions to their commercial real estate needs. Founded in 1978, today NAI Global member firms span the US and 54 other countries, with 400 offices and more than 5,000 local market experts on the ground, completing $55 billion of transactions annually. Supported by the central resources of the NAI Global organization, member firms deliver market-leading services locally and combine their in-market strengths to form a powerful bond of insights and execution for clients with multi-market challenges.
NAI Global was acquired in 2012 by C-III Capital Partners, a commercial real estate services company engaged in a broad range of activities, including primary and special loan servicing, loan origination, fund management, CDO management, principal investment, title services and multifamily property management.
To learn more, visit www.naiglobal.com.
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