Integra Realty Resources has opened two California offices. IRR, a commercial real estate valuation and consulting firm, opened offices in San Francisco and Sacramento through a partnership with Seevers Jordan Ziegenmeyer. The San Francisco office will be at 315 Montgomery St. on the ninth floor and the Sacramento office will be at 3824 Atherton Road, Suite 500, in Rocklin.
Effective Nov. 1, all 20 employees from SJZ will form IRR’s Northern California offices and be under the management of IRR’s newest shareholders, Lance Jordan, Kevin Ziegenmeyer, Eric Segal and Nelson Wong.
Ziegenmeyer and Wong will serve as co-senior managing directors in the San Francisco office, which also will serve Silicon Valley. Jordan and Segal will be co-senior managing directors in Sacramento, which will serve the state capital and Central Valley region.
IRR has expanded into six other offices within the last 12 months, including Chicago, Puerto Rico, Austin, San Antonio, Houston and Dallas/Fort Worth.
SJZ was formed in 1975 and has since grown to one of the largest private commercial appraisal firms in Northern California. It most recently appraised the Bay Meadows Redevelopment for the City of San Mateo, which involved the redevelopment of approximately 52 acres proposed for 1,121 residential units, 85K SF of retail and 725K SF of office. The firm also appraised the redevelopment of the Hunters Point Shipyard (Phase 1) for the City of San Francisco, where the construction of 1,142 residential units is proposed.