Press Room

Real estate firm is bulking up its build-to-suit business

December 10, 2007

One of the city's newest retail brokerage firms, Paige Investments LP, has added some new firepower to its build-to-suit division.

Peter W. Ellis has joined Paige Investments as a senior vice president and partner. He was previously a partner in the San Antonio firm R.K. Ellis & Associates.

Ellis says that Paige Investments is a "very good fit" for him, and a good fit for one of Ellis' key areas of experience -- build-to-suit development.

Ellis has brought with him to Paige a list of build-to-suit clients that includes Dollar General, Pilot Travel Centers, Starbucks Coffee Co. and Lowe's Home Improvement.

Paige Investments was founded by Robbie King in February 2006. The full-service brokerage firm is named for his daughter.

Says King of his new partner: "(Ellis) is a veteran of the real estate business and I am convinced that the relationships he has cultivated within the industry are unmatched."

Dollar General alone could prove to keep Paige Investments busy over the course of 2008, Ellis says. The Goodlettsville, Tenn.-based discount chain is expanding throughout the country, and investing very heavily in Texas' retail markets -- including San Antonio.

According to Dollar General's Web site, the firm currently has 8,184 stores in 35 states. In San Antonio, the chain now has 39 stores.