Transwestern Real Estate Services announced a significant expansion of its Houston brokerage team with the addition of Jeff G. Peden, SIOR, as executive managing director and Scott E. Miller as senior director. Peden and Miller will focus on high-profile land sales for development of industrial, office, multifamily and medical projects, as well as existing commercial investment properties.
“Jeff and Scott bring expertise and relationships in areas that are complementary to our current suite of services,” said Kevin Roberts, Transwestern’s Southwest president. “This will better position Transwestern to realize our goal of constantly enhancing our service offerings to ensure exceptional outcomes for our clients.”
With 23 years of commercial real estate experience, Peden has completed more than 1,860 transactions for an aggregate value exceeding $3.4 billion. With a concentration on raw and redevelopment sites, he has closed over 960 land sales totaling more than 100,000 acres with an aggregate value of $2.1 billion. Some of his notable clients include Silver Eagle Distributors, Service Corporation International (SCI), ChevronTexaco and Shell Oil Company.
Miller has 10 years of experience in commercial land and investment sales brokerage and has completed more than 400 transactions for an aggregate value of more than $1.1 billion. With a concentration on raw and redevelopment sites, he has closed over 190 land sales totaling more than 9,400 acres with an aggregate value of $663 million. Some of his notable clients include Chevron Phillips Chemical, city of Houston, Houston Independent School District and the National Football League.
“We have completed transactions with and admired Transwestern for many years, and we are excited for the opportunity to join the privately held and innovative real estate firm,” said Peden. “We are confident that Transwestern’s integrated approach, based on deep market intelligence, will allow our team to deliver greater value and more personalized service to our clients.”