Integra, SMP Join Forces

The partnership adds seven employees to Integra’s Miami office.

June 14, 2010
By Allison Landa, News Editor

Commercial real estate valuation and consulting firm Integra Realty Resources Inc. announced on Monday that Integra Realty Resources-Miami has merged with Stuart, Fla.-based residential and commercial real estate appraisal and consulting firm SMP Group and opened a new Integra satellite office.

The partnership adds seven employees to Integra’s Miami office. They will be located at a new office in Stuart. Former SMP Group president Scott Powell will become managing director of that office, while Michael Cannon and Chris Librizzi will remain executive director and associate managing director at the Miami office. Bill Rezendez and Walter Kokonski will also join Integra’s Miami office as well as four other senior analysts: John Irwin, Chris Samson, Mike Shanahan and Warren Adams.

“The opening of this office is an especially important milestone for Integra Realty Resources,” Integra president Jeffrey Rogers said when announcing the news, noting that the move marks the firm’s 60th office in North America. “We are extremely successful in southern Florida and this strategic merger with SMP Group and recruiting its top talent will further expand our real estate consulting and appraisal expertise.”

Headquartered in New York City, Integra has 850 credentialed consultants and staff in its 60 offices located through the United States and Mexico. The firm specializes in real estate appraisals, feasibility studies, market studies, expert testimony and related property consulting services.