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Core Commercial Celebrates its Two-Year Anniversary as Business Continues to Grow

IMG_2427After graduating from Our Lady of the Lake University in 2005 with a double major in history and political science, Amanda Concha took a marketing assistant position with a local commercial development firm, figuring she would get a job to pass the time while waiting for law school to start.

But soon after, the commercial real estate bug bit.

“I took a lease home and read it line by line and basically taught myself the building blocks of the business,” Concha recalled. “Then I started taking calls. I fell in love with the business and knew I didn’t want to do anything else.”

Today, Concha, 29, still arrives to work each day, eager and excited to learn something new about the business, as she celebrates the second anniversary of Core Commercial, which she launched in August 2010.

“What I love is that this business is so diverse,” Concha said. “One moment I’m talking to environmental experts about asbestos removal and the next I’m working on the legal side negotiating estoppel language. We work with those who are savvy and experienced to those who are starting their first business. We’ve also been fortunate to be a part of the team that has helped some restaurant chains evolve into the market.”

Core Commercial offers a full range of commercial real estate brokerage services for property owners and tenants in the retail and land divisions. Services include tenant representation; landlord leasing, buying and selling; property management and
development. Its clients include Hurricane Grill & Wings, Baja Insurance and B & B Smokehouse, among others.

Bill Roberts, area developer for Hurricane Grill & Wings for Texas, said Core Commercial is exceptional in their knowledge not only of the San Antonio market, but surrounding Texas markets as well. “They are willing to go the extra mile to ensure the best value and quality product is delivered to the client as they did in working with us. I think their diligence and aggressiveness to deliver are characteristics found in few firms in our industry.”

After two years of working as a marketing assistant and then being promoted as a broker at Wade Interest, Concha left to work for Paige Investments. There, she expanded her commercial repertoire working in tenant representation, tenant leasing and preleasing for successful developments.

Having worked at Paige allowed Concha to gain valuable work experience that she applies to her business today.

“At Paige, I got a great grasp of development projects in a way that has given me a competitive edge” she said. “Core prides itself in that only a small percentage of any of our projects has any speculation. Therefore, most of the developments I will take to our investors I like to have our anchor tenant, if not 100 percent pre-leased before our money goes hard, which reduces the risk.”

Mike Meghani, honorary secretary of South Texas Merchant’s Association, as well as a commercial landlord and developer, acknowledges Core Commercial as an energetic and dynamic company. “Speaking as a long term client and friend of Core, I have peace of mind knowing they will always keep my best interest in mind and handle my portfolio as if it were their own.”

Since establishing Core Commercial two years ago, the company has stretched its real estate arm to the Rio Grande Valley as well as to the Eagle Ford Shale. “We’ve been effective in securing and establishing relationships with retailers and land owners,” Concha said. “It’s a big percentage of our business and we are thankful for the results whether big or small.”

She adds, “We plan to take on the future with the same regime and values that we have used in the past and still use today, which are hard work, aiming to exceed expectations and appreciation for our clients and colleagues.”

About Rudy Arispe

I'm a storyteller with 25 years experience in print journalism. I have written news and features stories for the San Antonio Express-News, La Prensa, UTSA's campus publications, University of the Incarnate Word's alumni magazine, and many others.

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