A. Lee Graham
The Weitzman Group and Cencor Realty Services have announced Marshall Mills as CEO of the Dallas-based commercial real estate service firms.
The move means a promotion for Mills, moving from chief operating officer to chief executive. He takes the reins from company founder and longtime CEO Herbert D. Weitzman, who will serve as executive chairman of the statewide retail-focused commercial real estate services firm.
Mills, who joined Weitzman-Cencor in 1992, also will serve as president of Weitzman and Cencor. In his new position, Mills will oversee and direct Weitzman and Cencor and work to grow their market share and corporate performance.
Weitzman and Cencor operate full-service offices in Dallas-Fort Worth, Austin, Houston and San Antonio. During his career with the firms, he also has served as chief financial officer.
“My professional growth and success has been due to the leadership and encouragement of Herb Weitzman,” Mills said in a news release.
“To be entrusted with the leadership of this amazing company, with its incredible people throughout the state, is a true vote of confidence and one I fully intend to live up to,” Mills said.
The Weitzman Group, offering commercial real estate brokerage services, currently leases 44 million square feet of retail and commercial space throughout Texas. The firm offers retail project representation, retail tenant representation, investment property brokerage, office and industrial property brokerage and related services.
Cencor offers statewide property management, asset management and development operations. Cencor currently manages a retail property portfolio of more than 22 million square feet.
Prior to Weitzman/Cencor, Mills served as an interim construction lending-workout officer with Chase Manhattan Bank, N.A., overseeing a major commercial property portfolio. Mills also currently serves on the board of directors and executive committee for Lee Park and Arlington Hall Conservancy and is a member the board of directors of the Episcopal School of Dallas.
He’s been the firm’s COO since 2000. Mills is an active member of the Urban Land Institute, the International Council of Shopping Centers and the Lone Star Chapter of the Young Presidents Organization. As a member of the Real Estate Council of Dallas, he served as treasurer in 2007 and 2008, and he also has been on the boards of both the Real Estate Council in Dallas and the Real Estate Council Foundation organizations. Mills is actively involved in New Life-Prostitute Diversion Initiative, a program organized by the Dallas Police Department to provide alternatives to street-level prostitution in Dallas. Mills also currently serves on the board and executive committee for Lee Park and Arlington Hall Conservancy, an organization dedicated to preserving the beauty of Dallas’ historic Lee Park. Mills has chaired the Dad’s Partnership Organization at the Episcopal School of Dallas, a program that promotes activities involving dads and their children. – Betty Dillard contributed to this report