DALLAS, July 26, 2010 ‐‐ Younan Properties, Inc., a fully‐integrated, national real estate owner and operator of office buildings in five major U.S. office markets and the largest office building owner in Dallas, announced that Thom Ridnour has been named to the newly‐created position of Director of Leasing. In this new role, Ridnour will be responsible for driving Younan's leasing and marketing strategies for the 6.5 million sq. ft. of office space owned and managed by Younan in Dallas.
According to Robert C. Peddicord, Chief Operating Officer of Younan, Ridnour's appointment is only the first step as the company builds on its leasing platform. "Thom Ridnour brings extensive experience in leasing in the Dallas Metroplex, along with a reputation for closing deals and successfully partnering with the leasing community on behalf of owners. He is a valuable addition to our Dallas team."
Said Ridnour, "Younan Properties clearly is the dominant player in the Dallas office market with a portfolio of high quality assets. As Younan continues to expand, I'm pleased to have the opportunity to leverage my experience and help market this portfolio."
Ridnour has more than two decades of experience in negotiating, leasing and managing commercial property, acquisitions, development and oversight for both large urban and suburban properties in multiple cities. He has held executive positions in the commercial real estate industry including serving as Senior Vice President and Dallas Operations leader for Trizec Properties, Inc; Senior Vice President for Transwestern in Dallas where he managed construction and redevelopment of Republic Center; and as Executive Vice President for Clayco, Inc., a national real estate, architecture and engineering and full service real estate development firm in St. Louis. Most recently, Ridnour was a Principal with TRG Realty Services in Dallas, a commercial real estate services company and subsidiary of TRG Investment Corp. Ridnour received his bachelor's degree in Finance and Marketing from the University of Cincinnati. He is a Texas real estate broker and has a CCIM certification. He is a member of the Urban Land Institute and the North Texas Commercial Association of Realtors/NAR.
About Younan Properties
Younan Properties is a fully integrated, self‐administered and self‐managed owner and operator of primarily Class "A" office properties located in five major U.S. office markets, including Dallas‐Fort Worth, Chicago, Houston, Phoenix and Los Angeles. The portfolio consists of 35 office properties with approximately 11.0 million square feet of rentable space. Younan Properties is a full‐service real estate company with in‐house expertise and resources in leasing, asset and property management, marketing, acquisitions, redevelopment, facility engineering and financing.
Contact: Denise Davis