Breck Besserer joined corporate real estate advisory firm Citadel Partners as a Senior Advisor specializing in office and industrial project leasing in Fort Worth and Tarrant County.
Throughout his 15-year career, he has represented both tenants and landlords. In the past three years, Besserer handled more than 60 transactions totaling over 1.2 million SF of office, industrial and retail properties.
“Breck will play a big role in helping across multiple facets in the Fort Worth office,” said Andy Goldston, partner with Citadel Partners. “He will start off working on the leasing side of office, but he has a rich history in both industrial and office tenant rep on the leasing side, which will be tremendously beneficial.”
Besserer said his first task at Citadel is to help grow the landlord representation business in the heart of Fort Worth and the surrounding areas.
“Joining Citadel Partners was appealing because of the culture and the people,” Besserer said. “I’ve known Andy from the industry and respected his character. The company’s reputation under the leadership of Managing Partners Scott Morse and Scott Jessen is impeccable.”
He has also worked with Citadel Partners Market Leader Cullen Donohue for years. “When I was at M2G Ventures, I served as the Senior Vice President of Leasing and saw myself as a player-coach for our brokers and was always heavily involved in each transaction. Cullen was the advisor on several of our properties. I’ve worked with a large number of brokers over the years, and he has stood out as the top broker I’ve worked with. His analytics and knowledge are unmatched.”
Another factor impacting his decision is the ability to stay in Fort Worth. “I’ve built my family here and want to be close to home. The ability to partner with Cullen and Andy and help grow the Office Leasing division in the heart of Fort Worth and surrounding markets gave me a clear path to do just that.”
“There is a strategy to Citadel’s growth efforts that goes beyond just adding numbers but recruiting top-level talent who can bring value in different areas as we grow our service lines,” Goldston added. “Breck will help as we continue to purposefully grow our Fort Worth office.”
Besserer is a graduate of the University of Kansas and is a CCIM Member (pending CCIM pin/certification in the spring). He was involved in former employer M2G Ventures’ Mental Health Initiative (MHI), which has raised more than $1M for research in the mental health field. He was also awarded the 2023 M2G Ventures ‘Golden Goose’ award as the top employee for the year based on the firm’s core values.
Among Besserer’s career highlights is being involved with the lease-up of the mixed-use district, The Foundry, near the Cultural District of Fort Worth. Another project was the full lease-up of Proof (an adaptive reuse project in the Near Southside of Fort Worth) and subsequent sale to one of its tenants.
“Cullen was our broker on that project, as well,” Besserer said. “Despite acquiring the property in 2019 and completing renovations in late 2020, we were able to craft and execute a strategy that helped us get the project fully leased and subsequently sold it to a tenant in the building – it was a complex transaction, but Cullen was a true professional and got it done seamlessly. He still reps that project and seeing his work on both the leasing and the sale side; he’s sharp and we had a lot of fun on that project.”
Goldston anticipates more activity ahead for the Fort Worth team.
“Fort Worth’s population is rapidly growing and there is a cool factor to the city that has dramatically garnered more of a national presence over the last five years,” Goldston said. “The redevelopment of the Stockyards has been a great case study and helped bring more national attention to our city. Coupled with the high quality of life and the continued population growth we are seeing it is easy to comprehend why more developers are planning to deliver Class A office product to the market in the next few years. That, alone, is an anomaly in today’s office market, but needed and necessary in Fort Worth. We expect more corporate relocations coming to Fort Worth and a continued maturation of the market.”