EXECUTIVE SUMMARY

Poynter Scifres Companies (PSC) is a commercial real estate development, investment, management and brokerage group controlled by W. James Poynter and Dennis R. Scifres. These recognized commercial real estate professionals have more than 60 years of experience between them in these areas of commercial real estate, including:
  • Developing or managing over 2.7 million sq. ft. of commercial buildings since 1983.
  • Completing over $60 million of office projects since 1997.
  • Investing in numerous income producing properties, along with over 1500 acres of land since 1983.
  • Negotiating over 3.5 million sq. ft. of leases on behalf of portfolio and tenant representation clients.

PSC serves as the general partner in its development and investment partnerships. Poynter and Scifres typically invest their money alongside the capital provided by their 3rd party investors. Equity investors include GE Capital, Heller Financial, Realty Capital Partners, Valcor Partners, Sunrise Realty and a number of high net worth individuals. PSC buildings historically stay fully leased (95% or better). This is due to the physical attributes of the buildings and the family type relationship developed with our customers – our tenants.

Poynter Scifres Management, LLC (PSM) provides property management services for our portfolio and for third parties. PSM provides cost effective value-added management services through a highly efficient team dedicated to the tenants of each property.

Tenant Realty Advisors, LLC. (TRA) provides project leasing services for our portfolio and tenant representation for third parties. TRA works to provide a credit worthy stable rent roll for each project, with an eye to maximizing project value. Representative tenant rep clients include: Analysts International, Norwest Mortgage, Textron Financial, Old Republic Title, USAA Insurance, JP Morgan Chase, Laidlaw, ATE RYDER, Maxim Technologies, Integrated Medical Resources and IntegraCare Holdings in nearly every major market of the United States.

PSC Construction Services (PSC CS) provides construction management services for our portfolio and for third parties. PSC CS has managed over $11 million of tenant improvement contracts and $28 million of shell buildings and major re-positioning projects. These jobs ranged from a 900 square foot office expansion for the world's largest wine maker/distributer to a complicated, high dollar, highly classified Federal Government shell building upgrade/tenant improvement project.

PSC Financial Services (PSC FS) provides financing services for our portfolio and for third parties. PSC FS has arranged over $25 million of equity and mezzanine financing transactions (private and institutional) and has also arranged over $75 million of interim construction and term loan debt financings of commercial real estate projects, for our portfolio and for third parties.

 

THE PRINCIPALS

Jim PoynterW. James Poynter has been in the commercial real estate business since 1979 when he became an office leasing agent for Trammell Crow Company, one of the nation's largest commercial real estate developers. In 1982, at age 26, he became an operating partner at Crow. As an Office Division operating partner, Poynter was responsible for the development and marketing of mid-rise office projects containing nearly 500,000 sq. ft., including equity and debt financings exceeding $30 million.   Since 1998 Poynter has overseen the development of 500,000 sq. ft. of office projects owned, leased and managed by PSC in the DFW market.

During his career, Poynter has leased over 3.5 million sq. ft. of space to some of the largest national corporations. Poynter is a past president of the Fort Worth Chapter of the National Association of Industrial & Office Park Developers (NAIOP), is a licensed Texas real estate broker.

Mr. Poynter was born in Kansas City, MO on January 6, 1955. He graduated from The University of Pennsylvania with a BS in Economics from The Wharton School of Business in 1977. He is married (Peggy) and has three children, Justin, Ben and Michael.

Dennis R. Scifres has been in the commercial real estate business since 1972. From 1972 to 1975, he was Leasing Director & Construction Manager for DuBose Companies, a Fort Worth based national developer.

In 1975 Scifres entered law school at the University of Texas. In 1978 he joined the law firm of Jones, Day, Reavis & Pogue as a commercial real estate lawyer, Dennis Scifreswhere he negotiated nearly 1 million sq. ft. of lease transactions and handled over $500 million of real estate transactions for such clients as Trammell Crow Company and Lincoln Property Company. Scifres is a member of the Texas Bar Association, obtained his law degree from the University of Texas and his BA from Columbia University.

In 1982 Scifres left Jones Day to become the CEO of DuBose Companies where he was responsible for the development, management and leasing of over 1.5 million sq. ft. of income properties, the purchase and sale of over 1,500 acres of land and arranged debt/equity financings of more than $50 million.

In 1989, Scifres and Poynter joined forces.  Since 1998, Scifres has financed (debt/equity) 500,000 sq. ft. of office projects owned, leased and managed by PSC in the DFW Market

Mr. Scifres was born in Maysville, KY on January 30, 1950. He graduated from Columbia University in 1972 and from The University of Texas School of Law in 1977. He is married (Sherry) and has two children, Aaron and Heather.

 

Property Management Personnel:

Jeannine Turley is the Director of Property Management for PSM. Jeannine is responsible for all tenant and vendor relations, tenant construction and work order processing.
Jeannine is the primary point of contact for all Poynter Scifres tenants concerning the day to day issues that arise in the context of property management and strives to develop personal relationships with the key personnel in each tenant firm in our portfolio.

William C. Avis is an experienced building engineer with over 30 years of on-site building systems experience with companies such as Helmsley-Spear, State Reserve Life Insurance and CAE SimuFlite Training.  Bill is responsible for on-site maintenance, including building systems and response to tenant needs for each property.  Bill’s technical certifications include 1st Class License (HVAC); RPF Certificate; HVACR Certification.