Baker Storey Makes Jump into Management Services

Nashville Business Journal
June 13 - 19, 2003

Baker Storey McDonald Properties has formed a new property management division and hired Kimberly Lamb as principal. Lamb is a 14 year property management veteran and president of the Greater Nashville Chapter of the Institute of Real Estate Management.

"Kimberly is building a team that brings operational expertise to our development and acquisition activities, while providing third-party management services for a limited number of strategic partners," says Carl Storey, a principal with Baker Storey McDonald Properties.

The firm's newly formed division, Baker Storey McDonald Management, has added the 285,932 square foot Brentwood Place Shopping Center to its management portfolio. Brentwood Place Shopping Center has leases with Kroger, T.J. Maxx, Stein Mart, Borders, CVS, and Office Depot.

Baker Storey McDonald Management also oversees Nippers Corner, a company owned 65,000 square foot center acquired last August.
"Offering property management was the logical next step."

 

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