Valuation Advisors Expands in Midwest; Adds CRE Leader in Cincinnati
Partner Valuation Advisors Expands in Midwest; Adds CRE Leader in Cincinnati
January 5, 2023, Cincinnati – Partner Valuation Advisors continues to grow its footprint across the United States with expansion into Ohio. Joining the national commercial real estate valuation advisory is Eric Shaw, MAI, who has been appointed Senior Vice President in a newly opened office in Cincinnati. Mr. Shaw is focused on industrial and self-storage property sectors.
“The national growth of Partner Valuation Advisors is being achieved through both the expansion into new markets and addition of commercial real estate experts such as Eric,” said Partner Valuation Advisors’ Senior Managing Director Eric Enloe, MAI, CRE, FRICS. “He brings an understanding of the industry, and the ways technology is being utilized to solve complex client valuation assignments in today’s evolving market, which is expected to broaden our reach in the Midwest and beyond and better serve clients in the industrial and self-storage sectors.”
Since launching in September 2022, Partner Valuation Advisors has grown to 33 employees nationally, making it one of the fastest growing real estate companies in the country. The Chicago-based, technology-forward valuation and advisory firm serves the needs of investors, lenders, and real estate occupiers, and performs valuation assignments in all 50 states.
Mr. Shaw says, “I am looking forward to merging Partner Valuation Advisors’ technology platform with my expertise in industrial and self-storage assets. Both of those sectors have experienced strong growth over the last couple of years with significant new construction to meet the ever-changing investor demands.”
Mr. Shaw brings more than a decade of commercial real estate experience valuing industrial, self-storage, retail, office, multifamily, manufactured housing, and special use assets. He has appraised commercial real estate in Ohio, Kentucky, and West Virginia. He adds significant experience coordinating regional portfolio transactions throughout the Midwest for several local, regional, and national lenders and investors. He has testified before the Hamilton County board of appeals, been deposed for national litigation, and assisted in a multi-state right of way portfolio.
Prior to joining Partner Valuation Advisors, Mr. Shaw served as a Director at Integra Realty Resources for 10 years. Earlier in his career, he worked five years at Macy’s Inc. contesting real property valuations in 16 states throughout the Southeast and Northwest.
Mr. Shaw adds, “My work has spanned from large multi-state portfolios to single properties in a tertiary market. The current market conditions are very unique given interest rate levels and softening investor demand for commercial real estate.
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