Local Commercial Real Estate Firm Buys out its Partners, Launches New Brand
Quad Cities, IA/IL, October 1, 2018 – A Quad Cities area commercial real estate firm has a new name. The company formerly known as Lockard/The Hawkeye Group is now operating as Hawkeye Commercial Real Estate, said David Gellerman and business partner, Jim Tansey, CCIM. The move comes as the company expands its brokerage footprint and property management services in the Quad Cities, Iowa City and Coralville markets.
The new moniker reflects the legacy of the family business started by David’s grandfather, Herb Gellerman. In 1947, Herb and a partner became pioneers in the wholesale distribution business with the formation of Jaydon, Inc. He later diversified his portfolio into real estate and formed Hawkeye Real Estate Investment Company.
The new name is part of a re-branding strategy to “refine and restate the company’s unique position in the two markets,” said Jim Tansey. “It was the right time for us to align our Commercial Real Estate Brokerage and Property Management teams. “For us, finding a real estate solution for our clients is only the beginning.”
“We’re a locally owned business whose approach is based on partnerships, not transactions.” added Gellerman. “Building on a full suite of commercial real estate services, including brokerage, property management and real estate consulting offers our clients a one-stop approach to realize their real estate goals.”
The firm began its commercial real estate brokerage business in 2013 when brokerage veterans Gellerman and Tansey partnered with Lockard and another local investor to launch the Quad Cities office. Since that time, Gellerman and Tansey have bought out their partners, grown their client base, expanded commercial property management services and added several real estate professionals to their team. “This is an exciting change for us and marks a strategic pivot in the future direction as a full-service commercial real estate business,” said Gellerman. “Combining our real estate services under one umbrella positions our company for growth and increases our offerings to better serve our clients and community.”
ABOUT HAWKEYE COMMERCIAL REAL ESTATE
Hawkeye Commercial Real Estate is a local, family owned, full-service brokerage, property management and real estate consulting firm. Building on a reputation of integrity, results and exceptional customer service, Hawkeye Commercial Real Estate provides value-added expertise to entrepreneurs, local investors and national corporations.
With three generations of building and investing in commercial and multi-family projects, Hawkeye Commercial Real Estate is well positioned to help its clients in the full spectrum of commercial real estate services. No matter how complex or simple, its team adds value built on years of experience rooted in dedication to long-lasting relationships. Hawkeye provides its clients with customized service and the expertise necessary to make critical decisions in today’s dynamic, changing markets.
Today, with offices in the Quad Cities and Coralville/Iowa City markets, Hawkeye is proud to be a proven competitor in the commercial real estate sector, and even prouder of the path the family-owned company took to get there.
Quad Cities office: 1850 E. 53rd Street, Suite 1, Davenport, Iowa 52807
Coralville office: 2401 Coral Court, Suite 1, Coralville, IA 52241